Amplify Snack Brands, inc. (NYSE:BETR) insider Brian Goldberg sold 40,000 shares of the stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $7.01, for a total value of $280,400.00. Following the sale, the insider now owns 1,313,866 shares in the company, valued at $9,210,200.66. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • On Wednesday, August 16th, Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock. The shares were sold at an average price of $6.71, for a total value of $268,400.00.
  • On Monday, July 17th, Brian Goldberg sold 20,000 shares of Amplify Snack Brands, inc. stock. The shares were sold at an average price of $10.03, for a total value of $200,600.00.
  • On Tuesday, July 18th, Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock. The shares were sold at an average price of $9.96, for a total value of $398,400.00.

Amplify Snack Brands, inc. (BETR) traded down 5.41% during trading on Thursday, hitting $6.65. The stock had a trading volume of 499,385 shares. The firm has a 50 day moving average of $7.05 and a 200-day moving average of $7.05. Amplify Snack Brands, inc. has a 12 month low of $6.60 and a 12 month high of $16.96. The stock has a market cap of $497.01 million, a price-to-earnings ratio of 44.04 and a beta of 2.18.

Amplify Snack Brands, inc. (NYSE:BETR) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.08. The firm had revenue of $101.00 million for the quarter, compared to analyst estimates of $98.99 million. Amplify Snack Brands, inc. had a net margin of 3.43% and a return on equity of 36.58%. The business’s quarterly revenue was up 68.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.15 earnings per share. Equities analysts predict that Amplify Snack Brands, inc. will post $0.36 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and international copyright and trademark law. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/09/21/insider-selling-amplify-snack-brands-inc-betr-insider-sells-40000-shares-of-stock.html.

Several analysts have commented on BETR shares. BidaskClub upgraded Amplify Snack Brands, inc. from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Jefferies Group LLC reiterated a “buy” rating and set a $12.00 target price on shares of Amplify Snack Brands, inc. in a research note on Thursday, August 31st. Zacks Investment Research downgraded Amplify Snack Brands, inc. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Wedbush reiterated a “hold” rating on shares of Amplify Snack Brands, inc. in a research note on Tuesday, August 8th. Finally, TheStreet upgraded Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a research note on Wednesday, August 2nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.25.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Victory Capital Management Inc. lifted its position in Amplify Snack Brands, inc. by 17.6% during the second quarter. Victory Capital Management Inc. now owns 11,124 shares of the company’s stock valued at $107,000 after purchasing an additional 1,667 shares during the period. Verition Fund Management LLC acquired a new position in Amplify Snack Brands, inc. during the second quarter valued at $119,000. Commerce Bank lifted its position in Amplify Snack Brands, inc. by 36.5% during the first quarter. Commerce Bank now owns 16,975 shares of the company’s stock valued at $143,000 after purchasing an additional 4,535 shares during the period. American International Group Inc. lifted its position in Amplify Snack Brands, inc. by 7.1% during the first quarter. American International Group Inc. now owns 17,999 shares of the company’s stock valued at $151,000 after purchasing an additional 1,186 shares during the period. Finally, Nationwide Fund Advisors lifted its position in Amplify Snack Brands, inc. by 8.3% during the second quarter. Nationwide Fund Advisors now owns 18,094 shares of the company’s stock valued at $174,000 after purchasing an additional 1,391 shares during the period. Institutional investors own 95.86% of the company’s stock.

About Amplify Snack Brands, inc.

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.