Amplify Snack Brands, inc. (NYSE:BETR) CFO Brian Goldberg sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $10.03, for a total value of $200,600.00. Following the sale, the chief financial officer now directly owns 1,393,866 shares of the company’s stock, valued at approximately $13,980,475.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Brian Goldberg also recently made the following trade(s):

  • On Tuesday, July 18th, Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock. The stock was sold at an average price of $9.96, for a total value of $398,400.00.
  • On Wednesday, June 21st, Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock. The stock was sold at an average price of $8.97, for a total value of $358,800.00.
  • On Wednesday, May 31st, Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock. The shares were sold at an average price of $9.10, for a total value of $364,000.00.

Amplify Snack Brands, inc. (BETR) traded up 4.59% during midday trading on Wednesday, hitting $10.26. The stock had a trading volume of 164,415 shares. Amplify Snack Brands, inc. has a 1-year low of $7.86 and a 1-year high of $17.53. The firm has a 50-day moving average price of $9.22 and a 200-day moving average price of $9.29. The firm has a market capitalization of $762.24 million, a price-to-earnings ratio of 40.24 and a beta of 2.01.

Amplify Snack Brands, inc. (NYSE:BETR) last released its quarterly earnings results on Tuesday, May 9th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.01. The firm had revenue of $87.21 million during the quarter, compared to the consensus estimate of $87.54 million. Amplify Snack Brands, inc. had a net margin of 6.39% and a return on equity of 47.40%. The business’s revenue for the quarter was up 60.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.13 earnings per share. On average, equities research analysts anticipate that Amplify Snack Brands, inc. will post $0.42 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Brian Goldberg Sells 20,000 Shares of Amplify Snack Brands, inc. (BETR) Stock” was originally published by American Banking News and is the property of of American Banking News. If you are reading this piece on another website, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/07/19/brian-goldberg-sells-20000-shares-of-amplify-snack-brands-inc-betr-stock.html.

Separately, Zacks Investment Research cut Amplify Snack Brands, inc. from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $14.83.

Hedge funds have recently added to or reduced their stakes in the stock. Commerce Bank increased its stake in Amplify Snack Brands, inc. by 36.5% in the first quarter. Commerce Bank now owns 16,975 shares of the company’s stock worth $143,000 after buying an additional 4,535 shares during the last quarter. AQR Capital Management LLC bought a new stake in Amplify Snack Brands, inc. during the fourth quarter worth $150,000. American International Group Inc. increased its stake in Amplify Snack Brands, inc. by 7.1% in the first quarter. American International Group Inc. now owns 17,999 shares of the company’s stock worth $151,000 after buying an additional 1,186 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its stake in Amplify Snack Brands, inc. by 15.2% in the first quarter. Metropolitan Life Insurance Co. NY now owns 21,482 shares of the company’s stock worth $180,000 after buying an additional 2,827 shares during the last quarter. Finally, US Bancorp DE increased its stake in Amplify Snack Brands, inc. by 85.3% in the first quarter. US Bancorp DE now owns 23,480 shares of the company’s stock worth $197,000 after buying an additional 10,808 shares during the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Amplify Snack Brands, inc. Company Profile

Amplify Snack Brands, Inc is a snack food company focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you (BFY) snacks. The Company’s segments are North America and International. The North America and International segments both operate in the snack food category and whose brands and products are offered in the natural and conventional grocery, drug, convenience, food service, club, mass merchandise and other channels.

Insider Buying and Selling by Quarter for Amplify Snack Brands, inc. (NYSE:BETR)

Receive News & Ratings for Amplify Snack Brands inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify Snack Brands inc. and related companies with MarketBeat.com's FREE daily email newsletter.