Vanguard Group Inc. boosted its stake in shares of Amplify Snack Brands, inc. (NYSE:BETR) by 8.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,534,097 shares of the company’s stock after acquiring an additional 195,433 shares during the period. Vanguard Group Inc. owned 3.41% of Amplify Snack Brands, inc. worth $24,428,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BETR. American International Group Inc. increased its stake in Amplify Snack Brands, inc. by 7.1% during the 1st quarter. American International Group Inc. now owns 17,999 shares of the company’s stock worth $151,000 after acquiring an additional 1,186 shares during the period. Geode Capital Management LLC increased its stake in Amplify Snack Brands, inc. by 10.6% during the 1st quarter. Geode Capital Management LLC now owns 228,619 shares of the company’s stock worth $1,920,000 after acquiring an additional 21,829 shares during the period. Schwab Charles Investment Management Inc. increased its stake in Amplify Snack Brands, inc. by 6.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 119,716 shares of the company’s stock worth $1,006,000 after acquiring an additional 7,524 shares during the period. Bank of America Corp DE increased its stake in Amplify Snack Brands, inc. by 39.5% during the 1st quarter. Bank of America Corp DE now owns 69,530 shares of the company’s stock worth $584,000 after acquiring an additional 19,688 shares during the period. Finally, Metropolitan Life Insurance Co. NY increased its stake in Amplify Snack Brands, inc. by 15.2% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 21,482 shares of the company’s stock worth $180,000 after acquiring an additional 2,827 shares during the period. Hedge funds and other institutional investors own 93.89% of the company’s stock.

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Several equities analysts have recently issued reports on BETR shares. BidaskClub lowered Amplify Snack Brands, inc. from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Zacks Investment Research upgraded Amplify Snack Brands, inc. from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. Wedbush reiterated a “hold” rating on shares of Amplify Snack Brands, inc. in a research note on Tuesday, August 8th. TheStreet upgraded Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a research note on Wednesday, August 2nd. Finally, Jefferies Group LLC set a $10.00 price target on Amplify Snack Brands, inc. and gave the company a “buy” rating in a research note on Monday, October 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $9.50.

Shares of Amplify Snack Brands, inc. (NYSE BETR) opened at $5.10 on Tuesday. The firm has a market capitalization of $388.33, a price-to-earnings ratio of 20.24, a P/E/G ratio of 1.58 and a beta of 2.10. Amplify Snack Brands, inc. has a 52-week low of $4.78 and a 52-week high of $14.19. The company has a current ratio of 1.34, a quick ratio of 0.94 and a debt-to-equity ratio of 6.51.

Amplify Snack Brands, inc. (NYSE:BETR) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02). The firm had revenue of $94.86 million for the quarter, compared to the consensus estimate of $97.70 million. Amplify Snack Brands, inc. had a return on equity of 25.78% and a net margin of 2.92%. The company’s revenue was up 39.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS. analysts forecast that Amplify Snack Brands, inc. will post 0.26 earnings per share for the current fiscal year.

In related news, insider Brian Goldberg sold 40,000 shares of the business’s stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $7.01, for a total transaction of $280,400.00. Following the sale, the insider now owns 1,313,866 shares in the company, valued at approximately $9,210,200.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 120,000 shares of company stock worth $828,800 in the last 90 days. 57.40% of the stock is currently owned by corporate insiders.

Amplify Snack Brands, inc. Profile

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.

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Institutional Ownership by Quarter for Amplify Snack Brands, inc. (NYSE:BETR)

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