Stock Buzzer: After Today’s Huge Increase, Is Amber Road Inc’s Near-Term Analysis Positive?

Stock Buzzer: After Today's Huge Increase, Is Amber Road Inc's Near Term Analysis Positive?

The stock of Amber Road Inc (NYSE:AMBR) is a huge mover today! About 650,707 shares traded hands or 78.62% up from the average. Amber Road Inc (NYSE:AMBR) has risen 83.36% since April 11, 2016 and is uptrending. It has outperformed by 77.22% the S&P500.
The move comes after 7 months positive chart setup for the $253.44M company. It was reported on Nov, 11 by Barchart.com. We have $22.28 PT which if reached, will make NYSE:AMBR worth $316.80M more.

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 firm has “Buy” rating by Stifel Nicolaus given on Friday, February 12. The firm earned “Buy” rating on Monday, June 20 by Needham. The firm has “Outperform” rating by FBR Capital given on Friday, August 5. The company was maintained on Friday, August 5 by Stifel Nicolaus. The stock of Amber Road Inc (NYSE:AMBR) has “Buy” rating given on Friday, August 7 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 7 by Canaccord Genuity. The stock of Amber Road Inc (NYSE:AMBR) earned “Buy” rating by Needham on Monday, September 28.

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.
Cramer Rosenthal Mcglynn Llc reported 881,322 shares or 0.11% of all its holdings. The New Jersey-based Blackrock Inv Ltd Llc has invested 0% in Amber Road Inc (NYSE:AMBR). Manufacturers Life Company The last reported 0% of its portfolio in the stock. Invesco Ltd holds 0% or 17,951 shares in its portfolio. Thompson Davis And Inc holds 0.07% or 5,500 shares in its portfolio. American Interest Gp Incorporated has invested 0% of its portfolio in Amber Road Inc (NYSE:AMBR). Moreover, Geode Capital Mngmt Ltd Liability has 0% invested in Amber Road Inc (NYSE:AMBR) for 76,405 shares. Bamco Ny last reported 0.01% of its portfolio in the stock. Murphy Michael R reported 2.58M shares or 7.81% of all its holdings. The New York-based Tower Rech Limited Co (Trc) has invested 0% in Amber Road Inc (NYSE:AMBR). Engineers Gate Manager L P holds 0.02% of its portfolio in Amber Road Inc (NYSE:AMBR) for 29,693 shares. Granite Inv Prns Lc accumulated 381,015 shares or 0.23% of the stock. State Street Corporation owns 169,785 shares or 0% of their US portfolio. Mycio Wealth Prtnrs Lc has 21,718 shares for 0.03% of their US portfolio. Blackrock Institutional Trust Na holds 154,750 shares or 0% of its portfolio.

Insider Transactions: Since May 18, 2016, the stock had 0 insider buys, and 9 insider sales for $28.54 million net activity. 1.45M shares were sold by CALDWELL DONALD R, worth $13.05 million on Wednesday, September 14. Another trade for 400 shares valued at $4,400 was sold by Preuninger James W. Shares for $13.05 million were sold by Cross Atlantic Capital Partners – Inc.. 20,080 shares were sold by Cooke Albert C III, worth $210,840 on Monday, August 15. 40,000 shares were sold by Conway Thomas E, worth $408,800 on Tuesday, August 9. 16,700 shares were sold by Williams Barry MV, worth $167,167.

Another recent and important Amber Road Inc (NYSE:AMBR) news was published by Quotes.Wsj.com which published an article titled: “News Amber Road Inc.AMBR” on March 21, 2014.

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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