Aaron Day Buys 470,000 Shares of Amaze (NYSEAMERICAN:AMZE) Stock

Amaze Holdings (NYSEAMERICAN:AMZE) CEO Aaron Day acquired 470,000 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average price of $0.14 per share, for a total transaction of $65,800.00. Following the completion of the acquisition, the chief executive officer owned 1,045,315 shares in the company, valued at approximately $146,344.10. This trade represents a 81.69% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Amaze Trading Down 2.2%

Shares of NYSEAMERICAN:AMZE opened at $0.15 on Friday. The stock has a market cap of $8.82 million, a P/E ratio of -0.02 and a beta of 1.62. Amaze Holdings has a one year low of $0.11 and a one year high of $11.76. The company’s 50-day moving average is $0.18.

Amaze (NYSEAMERICAN:AMZE) last announced its earnings results on Friday, May 15th. The company reported ($0.16) EPS for the quarter. The company had revenue of $0.47 million for the quarter. Amaze had a negative net margin of 571.96% and a negative return on equity of 149.33%. Equities research analysts expect that Amaze Holdings will post 0.16 EPS for the current year.

Institutional Investors Weigh In On Amaze

A hedge fund recently raised its stake in Amaze stock. Geode Capital Management LLC boosted its holdings in shares of Amaze Holdings (NYSEAMERICAN:AMZE) by 254.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 142,373 shares of the company’s stock after purchasing an additional 102,248 shares during the quarter. Geode Capital Management LLC owned approximately 0.71% of Amaze worth $54,000 at the end of the most recent quarter. Institutional investors and hedge funds own 23.00% of the company’s stock.

About Amaze

Fresh Vine Wine, Inc produces and sells low-carb and low-calorie wines in the United States and Puerto Rico. Its wine varietals include cabernet sauvignon, pinot noir, chardonnay, and rose. The company offers its products through wholesale, retail, and direct-to-consumer channels. Fresh Vine Wine, Inc was founded in 2019 and is based in Plymouth, Minnesota. Fresh Vine Wine, Inc operates as a subsidiary of Nechio & Novak, LLC.