The stock of Amber Road Inc (NYSE:AMBR) is a huge mover today! About 154,865 shares traded hands. Amber Road Inc (NYSE:AMBR) has risen 86.70% since March 8, 2016 and is uptrending. It has outperformed by 77.39% the S&P500.
The move comes after 6 months negative chart setup for the $264.06 million company. It was reported on Oct, 11 by Barchart.com. We have $8.51 PT which if reached, will make NYSE:AMBR worth $31.69M less.
Analysts await Amber Road Inc (NYSE:AMBR) to report earnings on November, 3. They expect $-0.18 earnings per share, up 25.00% or $0.06 from last year’s $-0.24 per share. After $-0.16 actual earnings per share reported by Amber Road Inc for the previous quarter, Wall Street now forecasts 12.50% negative EPS growth.
Amber Road Inc (NYSE:AMBR) Ratings Coverage
Out of 5 analysts covering Amber Road (NYSE:AMBR), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Amber Road has been the topic of 10 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of Amber Road Inc (NYSE:AMBR) has “Buy” rating given on Friday, August 7 by Needham. The firm earned “Outperform” rating on Friday, August 5 by FBR Capital. The stock of Amber Road Inc (NYSE:AMBR) has “Buy” rating given on Friday, February 12 by Stifel Nicolaus. The firm has “Buy” rating given on Friday, August 7 by Canaccord Genuity. The firm has “Buy” rating by Needham given on Monday, June 20. As per Monday, September 28, the company rating was reinitiated by Needham. Raymond James maintained the shares of AMBR in a report on Monday, August 15 with “Outperform” rating. The company was maintained on Friday, August 5 by Stifel Nicolaus.
According to Zacks Investment Research, “Amber Road, Inc. operates as a provider of on-demand Global Trade Management solutions. It offers import and export, global logistics, and trade agreement management solutions worldwide. The Company’s solutions include Enterprise-Class Software, Trade Content, Supply Chain Network, Flexible Technology and SaaS Delivery. It offers its solution to enterprises in various industries, including chemical/pharmaceutical, high technology/electronics, industrial/manufacturing, logistics, oil and gas, and retail/apparel through a software-as-a-service model. Amber Road, Inc. is headquartered in East Rutherford, New Jersey.”
Insitutional Activity: The institutional sentiment increased to 2.17 in Q2 2016. Its up 0.85, from 1.32 in 2016Q1. The ratio is positive, as 3 funds sold all Amber Road Inc shares owned while 15 reduced positions. 13 funds bought stakes while 26 increased positions. They now own 13.88 million shares or 2.98% more from 13.48 million shares in 2016Q1.
Manufacturers Life Insurance The last reported 0% of its portfolio in the stock. Gilder Gagnon Howe & Limited Company has 75,831 shares for 0.01% of their US portfolio. Invesco Ltd holds 0% or 17,951 shares in its portfolio. Millennium Mgmt Llc last reported 0% of its portfolio in the stock. Citigroup holds 0% or 1,785 shares in its portfolio. Vanguard Group last reported 600,026 shares in the company. Murphy Michael R owns 2.58M shares or 7.81% of their US portfolio. Geode Mgmt Ltd Llc last reported 76,405 shares in the company. Blackrock Fund has invested 0% of its portfolio in Amber Road Inc (NYSE:AMBR). Moreover, Credit Suisse Ag has 0% invested in Amber Road Inc (NYSE:AMBR) for 12,547 shares. Allianz Asset Management Ag holds 458,446 shares or 0% of its portfolio. Engineers Gate Manager L P owns 29,693 shares or 0.02% of their US portfolio. Blackrock has invested 0% of its portfolio in Amber Road Inc (NYSE:AMBR). Grp has 0% invested in the company for 10,197 shares. Bamco Ny owns 125,000 shares or 0.01% of their US portfolio.
Insider Transactions: Since May 18, 2016, the stock had 0 insider purchases, and 9 selling transactions for $28.54 million net activity. Williams Barry MV also sold $167,167 worth of Amber Road Inc (NYSE:AMBR) shares. $500,000 worth of Amber Road Inc (NYSE:AMBR) was sold by Preuninger James W. The insider Cross Atlantic Capital Partners – Inc. sold 1.45M shares worth $13.05 million. $408,800 worth of shares were sold by Conway Thomas E on Tuesday, August 9. On Wednesday, June 8 the insider Cooke Albert C III sold $114,828. CALDWELL DONALD R also sold $13.05M worth of Amber Road Inc (NYSE:AMBR) on Wednesday, September 14.
More news for Amber Road Inc (NYSE:AMBR) were recently published by: Quotes.Wsj.com, which released: “News Amber Road Inc.AMBR” on March 21, 2014. Seekingalpha.com‘s article titled: “Amber Road, Inc. (AMBR) CEO James Preuninger on Q2 2016 Results – Earnings …” and published on August 07, 2016 is yet another important article.
AMBR Company Profile
Amber Road, Inc., incorporated on October 7, 2013, is a well-known provider of cloud 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. The Firm delivers its GTM solution using a software-as-a-service (SaaS) model. The Company’s solution automates the global supply chain across sourcing, logistics, cross-border trade and regulatory compliance activities. The Company’s GTM solution combines enterprise-class software, trade content sourced from government agencies and transportation providers in approximately 145 countries, and a global supply chain network connecting its clients with the trading partners, including suppliers, freight forwarders, customs brokers and transportation carriers.
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