Amber Road, Inc. (NYSE:AMBR) CEO James W. Preuninger sold 36,609 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $7.56, for a total value of $276,764.04. Following the sale, the chief executive officer now owns 1,815,184 shares in the company, valued at $13,722,791.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Amber Road, Inc. (NYSE:AMBR) traded up 1.88% during mid-day trading on Friday, hitting $7.60. The stock had a trading volume of 206,481 shares. The stock’s 50-day moving average price is $7.98 and its 200-day moving average price is $7.92. Amber Road, Inc. has a 12 month low of $6.71 and a 12 month high of $12.30. The stock’s market cap is $206.40 million.

Amber Road (NYSE:AMBR) last posted its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.16) earnings per share (EPS) for the quarter, beating 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 company had revenue of $19.70 million during the quarter, compared to analysts’ expectations of $19.84 million. During the same quarter in the previous year, the business earned ($0.11) EPS. Amber Road’s revenue was up 8.8% compared to the same quarter last year. On average, analysts predict that Amber Road, Inc. will post ($0.37) earnings per share for the current year.

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Several analysts have issued reports on AMBR shares. ValuEngine lowered Amber Road from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating and issued a $15.00 target price on shares of Amber Road in a research note on Monday, June 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $11.00 target price on shares of Amber Road in a research note on Monday, June 5th. Finally, Zacks Investment Research raised Amber Road from a “hold” rating to a “buy” rating and set a $9.00 target price for the company in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. Amber Road currently has a consensus rating of “Buy” and a consensus target price of $11.50.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Teachers Advisors LLC raised its position in Amber Road by 38.8% during the 4th quarter. Teachers Advisors LLC now owns 45,409 shares of the software maker’s stock valued at $412,000 after purchasing an additional 12,698 shares in the last quarter. Nationwide Fund Advisors raised its position in Amber Road by 9.1% during the 1st quarter. Nationwide Fund Advisors now owns 60,463 shares of the software maker’s stock valued at $467,000 after purchasing an additional 5,028 shares in the last quarter. Bank of New York Mellon Corp raised its position in Amber Road by 67.9% during the 1st quarter. Bank of New York Mellon Corp now owns 146,042 shares of the software maker’s stock valued at $1,128,000 after purchasing an additional 59,085 shares in the last quarter. United Services Automobile Association raised its position in Amber Road by 54.7% during the 1st quarter. United Services Automobile Association now owns 92,980 shares of the software maker’s stock valued at $718,000 after purchasing an additional 32,890 shares in the last quarter. Finally, Cortina Asset Management LLC raised its position in Amber Road by 33.5% during the 1st quarter. Cortina Asset Management LLC now owns 942,759 shares of the software maker’s stock valued at $7,278,000 after purchasing an additional 236,423 shares in the last quarter. Institutional investors own 69.33% of the company’s stock.

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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