LADENBURG THALM/SH SH downgraded shares of Amber Road (NYSE:AMBR) from a buy rating to a neutral rating in a report released on Monday morning, The Fly reports.

Separately, Zacks Investment Research lowered shares of Amber Road from a hold rating to a sell rating in a report on Thursday, March 28th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Amber Road has a consensus rating of Hold and a consensus price target of $13.98.

NYSE AMBR opened at $12.95 on Monday. The company has a market cap of $368.34 million, a PE ratio of -26.43 and a beta of 0.46. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.60 and a quick ratio of 0.65. Amber Road has a 1-year low of $7.60 and a 1-year high of $13.02.

Amber Road (NYSE:AMBR) last posted its quarterly earnings data on Thursday, May 9th. The software maker reported ($0.08) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.02. The company had revenue of $21.10 million during the quarter, compared to analyst estimates of $20.62 million. Amber Road had a negative net margin of 12.49% and a negative return on equity of 33.06%. The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.04) earnings per share. Equities analysts predict that Amber Road will post -0.28 earnings per share for the current year.

In related news, CEO James W. Preuninger sold 41,560 shares of the firm’s stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $9.51, for a total value of $395,235.60. Following the completion of the sale, the chief executive officer now owns 1,713,929 shares of the company’s stock, valued at $16,299,464.79. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Thomas E. Conway sold 19,986 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $8.71, for a total transaction of $174,078.06. Following the completion of the sale, the chief financial officer now directly owns 58,334 shares of the company’s stock, valued at approximately $508,089.14. The disclosure for this sale can be found here. Company insiders own 15.10% of the company’s stock.

Several institutional investors have recently modified their holdings of the stock. First Interstate Bank acquired a new stake in Amber Road during the 4th quarter worth $33,000. BNP Paribas Arbitrage SA grew its holdings in Amber Road by 61,587.5% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,935 shares of the software maker’s stock worth $43,000 after acquiring an additional 4,927 shares during the period. Engine Capital Management LP acquired a new stake in Amber Road during the 1st quarter worth $58,000. The Manufacturers Life Insurance Company acquired a new stake in Amber Road during the 1st quarter worth $89,000. Finally, Ramsey Quantitative Systems acquired a new stake in Amber Road during the 4th quarter worth $93,000. 80.08% of the stock is owned by institutional investors and hedge funds.

Amber Road Company Profile

Amber Road, Inc provides cloud-based global trade management (GTM) solutions in the United States and internationally. The company's GTM solutions include modules, such as import management, export management, China trade management, global logistics management, trade agreement management, and supply chain collaboration, as well as professional services, such as assessment, implementation, education and training, and maintenance and support.

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