Amber Road, Inc. (NYSE:AMBR) VP Albert C. Cooke III sold 4,182 shares of Amber Road stock in a transaction on Monday, November 13th. The stock was sold at an average price of $7.09, for a total transaction of $29,650.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Amber Road, Inc. (AMBR) traded down $0.04 on Thursday, hitting $6.46. 138,003 shares of the stock were exchanged, compared to its average volume of 126,669. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.64 and a current ratio of 0.64. Amber Road, Inc. has a 52-week low of $6.39 and a 52-week high of $12.30.

Amber Road (NYSE:AMBR) last announced its earnings results on Thursday, November 2nd. The software maker reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.06. The firm had revenue of $20.20 million for the quarter, compared to analyst estimates of $20.36 million. Amber Road had a negative net margin of 11.07% and a negative return on equity of 34.83%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.08) EPS. research analysts expect that Amber Road, Inc. will post -0.52 EPS for the current year.

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Institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its stake in shares of Amber Road by 1.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 11,740 shares of the software maker’s stock valued at $101,000 after purchasing an additional 224 shares in the last quarter. Commonwealth Equity Services Inc bought a new stake in Amber Road during the third quarter worth about $113,000. Wells Fargo & Company MN boosted its stake in Amber Road by 73.6% during the third quarter. Wells Fargo & Company MN now owns 20,167 shares of the software maker’s stock worth $155,000 after acquiring an additional 8,547 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in Amber Road by 27.4% during the second quarter. The Manufacturers Life Insurance Company now owns 18,788 shares of the software maker’s stock worth $162,000 after acquiring an additional 4,042 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Amber Road by 12.5% during the second quarter. Rhumbline Advisers now owns 20,675 shares of the software maker’s stock worth $177,000 after acquiring an additional 2,305 shares in the last quarter. 71.63% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have issued reports on AMBR shares. Zacks Investment Research lowered shares of Amber Road from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Canaccord Genuity cut their target price on shares of Amber Road from $11.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, November 3rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $11.00 target price on shares of Amber Road in a research note on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. Amber Road presently has a consensus rating of “Hold” and a consensus target price of $11.25.

Amber Road Company Profile

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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