Amplify Snack Brands, inc. (NYSE:BETR) Director Andrew S. Friedman sold 6,000 shares of Amplify Snack Brands, inc. stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of $9.43, for a total transaction of $56,580.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Amplify Snack Brands, inc. (BETR) traded down 3.27% on Monday, hitting $10.06. 83,912 shares of the stock were exchanged. The company has a 50-day moving average of $8.98 and a 200 day moving average of $9.24. The firm has a market cap of $747.38 million, a P/E ratio of 39.45 and a beta of 2.00. Amplify Snack Brands, inc. has a 12 month low of $7.86 and a 12 month high of $17.53.

Amplify Snack Brands, inc. (NYSE:BETR) last announced its quarterly earnings data on Tuesday, May 9th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.01. The firm had revenue of $87.21 million for the quarter, compared to the consensus estimate of $87.54 million. Amplify Snack Brands, inc. had a net margin of 6.39% and a return on equity of 47.40%. The firm’s revenue for the quarter was up 60.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 earnings per share. Equities research analysts expect that Amplify Snack Brands, inc. will post $0.42 earnings per share for the current fiscal year.

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Separately, Zacks Investment Research lowered shares of Amplify Snack Brands, inc. from a “buy” rating to a “hold” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. Amplify Snack Brands, inc. currently has an average rating of “Hold” and a consensus price target of $14.83.

A number of institutional investors have recently bought and sold shares of the stock. Commerce Bank boosted its position in Amplify Snack Brands, inc. by 36.5% in the first quarter. Commerce Bank now owns 16,975 shares of the company’s stock valued at $143,000 after buying an additional 4,535 shares during the last quarter. AQR Capital Management LLC bought a new position in Amplify Snack Brands, inc. during the fourth quarter valued at $150,000. American International Group Inc. boosted its position in Amplify Snack Brands, inc. by 7.1% in the first quarter. American International Group Inc. now owns 17,999 shares of the company’s stock valued at $151,000 after buying an additional 1,186 shares during the last quarter. Metropolitan Life Insurance Co. NY boosted its position in Amplify Snack Brands, inc. by 15.2% in the first quarter. Metropolitan Life Insurance Co. NY now owns 21,482 shares of the company’s stock valued at $180,000 after buying an additional 2,827 shares during the last quarter. Finally, US Bancorp DE boosted its position in Amplify Snack Brands, inc. by 85.3% in the first quarter. US Bancorp DE now owns 23,480 shares of the company’s stock valued at $197,000 after buying an additional 10,808 shares during the last quarter. 93.90% of the stock is owned by institutional investors.

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)

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