Amber Road, Inc. (NYSE:AMBR) CFO Thomas E. Conway sold 4,843 shares of the business’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $7.46, for a total value of $36,128.78. Following the completion of the sale, the chief financial officer now directly owns 4,843 shares in the company, valued at approximately $36,128.78. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Amber Road, Inc. (NYSE:AMBR) traded up 4.06% during mid-day trading on Monday, reaching $7.69. The company had a trading volume of 126,262 shares. The stock’s market capitalization is $208.84 million. Amber Road, Inc. has a 12-month low of $6.71 and a 12-month high of $12.30. The firm’s 50 day moving average is $8.83 and its 200-day moving average is $8.11.

Amber Road (NYSE:AMBR) last posted its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.16) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.04. Amber Road had a negative return on equity of 53.03% and a negative net margin of 22.59%. The firm had revenue of $19.70 million for the quarter, compared to analyst estimates of $19.84 million. During the same quarter last year, the company earned ($0.11) EPS. The company’s revenue was up 8.8% on a year-over-year basis. On average, analysts expect that Amber Road, Inc. will post ($0.37) earnings per share for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of AMBR. Royce & Associates LP raised its position in Amber Road by 16.0% in the second quarter. Royce & Associates LP now owns 1,586,379 shares of the software maker’s stock worth $13,595,000 after buying an additional 218,886 shares during the period. Gagnon Securities LLC raised its position in Amber Road by 16.4% in the second quarter. Gagnon Securities LLC now owns 1,328,206 shares of the software maker’s stock worth $11,383,000 after buying an additional 187,419 shares during the period. Granahan Investment Management Inc. MA raised its position in Amber Road by 33.3% in the first quarter. Granahan Investment Management Inc. MA now owns 1,176,456 shares of the software maker’s stock worth $9,082,000 after buying an additional 294,196 shares during the period. Oaktop Capital Management II L.P. bought a new position in Amber Road during the second quarter worth approximately $8,175,000. Finally, Cortina Asset Management LLC raised its position in Amber Road by 33.5% in the first quarter. Cortina Asset Management LLC now owns 942,759 shares of the software maker’s stock worth $7,278,000 after buying an additional 236,423 shares during the period. Hedge funds and other institutional investors own 68.77% of the company’s stock.

Several analysts recently commented on AMBR shares. Zacks Investment Research raised Amber Road from a “hold” rating to a “buy” rating and set a $9.00 price target on the stock in a research note on Wednesday, August 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $11.00 price target on shares of Amber Road in a research note on Monday, June 5th. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating and issued a $15.00 price target on shares of Amber Road in a research note on Monday, June 12th. ValuEngine lowered Amber Road from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $11.00 price target on shares of Amber Road in a research note on Tuesday, May 9th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $11.80.

About Amber Road

Amber Road, Inc is a provider of cloud-based global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers.

Insider Buying and Selling by Quarter for Amber Road (NYSE:AMBR)

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