Teachers Advisors LLC raised its position in Amber Road, Inc. (NYSE:AMBR) by 38.8% during the fourth quarter, Holdings Channel reports. The fund owned 45,409 shares of the software maker’s stock after buying an additional 12,698 shares during the period. Teachers Advisors LLC’s holdings in Amber Road were worth $412,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC acquired a new position in Amber Road during the fourth quarter worth $333,000. Bogle Investment Management L P DE raised its position in Amber Road by 182.4% in the fourth quarter. Bogle Investment Management L P DE now owns 387,974 shares of the software maker’s stock worth $3,522,000 after buying an additional 250,605 shares during the last quarter. USA Financial Portformulas Corp acquired a new position in Amber Road during the fourth quarter worth $385,000. Elkfork Partners LLC acquired a new position in Amber Road during the fourth quarter worth $597,000. Finally, State Street Corp raised its position in Amber Road by 19.7% in the fourth quarter. State Street Corp now owns 244,206 shares of the software maker’s stock worth $2,216,000 after buying an additional 40,267 shares during the last quarter. Hedge funds and other institutional investors own 66.75% of the company’s stock.

Institutional Ownership by Quarter for Amber Road (NYSE:AMBR)

Shares of Amber Road, Inc. (NYSE AMBR) opened at 8.04 on Friday. The stock has a 50 day moving average of $7.78 and a 200-day moving average of $8.38. The stock’s market capitalization is $217.53 million. Amber Road, Inc. has a 1-year low of $6.71 and a 1-year high of $12.30.

Amber Road (NYSE:AMBR) last released its quarterly earnings results on Monday, May 8th. The software maker reported ($0.16) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.18) by $0.02. Amber Road had a negative net margin of 23.35% and a negative return on equity of 48.51%. The company had revenue of $18.60 million for the quarter, compared to analysts’ expectations of $18.55 million. During the same period last year, the company earned ($0.15) EPS. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. Equities research analysts predict that Amber Road, Inc. will post ($0.40) earnings per share for the current fiscal year.

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A number of equities analysts recently weighed in on AMBR shares. Zacks Investment Research lowered shares of Amber Road from a “hold” rating to a “sell” rating in a research report on Thursday, February 23rd. Needham & Company LLC restated a “buy” rating and set a $11.00 price target on shares of Amber Road in a research report on Monday, March 27th. Canaccord Genuity restated a “buy” rating and set a $11.00 price target on shares of Amber Road in a research report on Tuesday, May 9th. Finally, Ladenburg Thalmann Financial Services restated a “buy” rating and set a $15.00 price target on shares of Amber Road in a research report on Monday, June 12th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $12.14.

In related news, VP Albert C. Cooke III sold 4,182 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $7.30, for a total value of $30,528.60. Following the sale, the vice president now directly owns 8,000 shares of the company’s stock, valued at $58,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nathan Pieri sold 4,920 shares of the firm’s stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of $7.66, for a total transaction of $37,687.20. Following the completion of the sale, the insider now directly owns 22,488 shares in the company, valued at $172,258.08. The disclosure for this sale can be found here. Insiders have sold a total of 958,995 shares of company stock worth $6,925,838 over the last ninety days. 13.10% of the stock is owned by corporate insiders.

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.

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