Discussion stirs around Amber Road, Inc. (NYSE:AMBR) this week; here is what analysts are saying.

March 14, 2018 - By Marguerite Chambers

 Discussion stirs around Amber Road, Inc. (NYSE:AMBR) this week; here is what analysts are saying.
Investors sentiment decreased to 1.6 in Q3 2017. Its down 0.07, from 1.67 in 2017Q2. It turned negative, as 3 investors sold Amber Road, Inc. shares while 22 reduced holdings. 12 funds opened positions while 28 raised stakes. 19.59 million shares or 5.06% more from 18.64 million shares in 2017Q2 were reported.
Granite Investment Prtn Limited Liability reported 274,273 shares. Moreover, Bank Of America De has 0% invested in Amber Road, Inc. (NYSE:AMBR). Northern invested 0% of its portfolio in Amber Road, Inc. (NYSE:AMBR). Kornitzer Management Ks stated it has 142,800 shares. Bridgeway Cap Mngmt owns 133,000 shares or 0.01% of their US portfolio. Moreover, Deutsche Bank & Trust Ag has 0% invested in Amber Road, Inc. (NYSE:AMBR) for 83,716 shares. Granahan Inc Ma has invested 1.01% in Amber Road, Inc. (NYSE:AMBR). State Street has invested 0% in Amber Road, Inc. (NYSE:AMBR). Levin Strategies Lp holds 194,503 shares. Archon Management Lc stated it has 460,728 shares. Ameritas Prns accumulated 0% or 1,500 shares. Gagnon Securities Ltd Limited Liability Company reported 3.59% of its portfolio in Amber Road, Inc. (NYSE:AMBR). Cadence Capital Mgmt Limited Company owns 113,959 shares for 0.05% of their portfolio. Bnp Paribas Arbitrage Sa invested in 1,509 shares or 0% of the stock. Invesco has invested 0% of its portfolio in Amber Road, Inc. (NYSE:AMBR).

Since September 15, 2017, it had 0 buys, and 1 insider sale for $14,620 activity. The insider Pieri Nathan sold 1,501 shares worth $14,620.

Amber Road, Inc. (NYSE:AMBR) Ratings Coverage

Among 7 analysts covering Amber Road (NYSE:AMBR), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Amber Road had 19 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Raymond James given on Monday, August 15. The firm earned “Buy” rating on Thursday, November 2 by Stifel Nicolaus. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, August 4 report. The stock of Amber Road, Inc. (NYSE:AMBR) earned “Hold” rating by KeyBanc Capital Markets on Wednesday, September 6. Needham maintained Amber Road, Inc. (NYSE:AMBR) rating on Monday, June 20. Needham has “Buy” rating and $11 target. Canaccord Genuity maintained it with “Buy” rating and $1100 target in Sunday, July 30 report. Needham reinitiated it with “Buy” rating and $7.0 target in Monday, September 28 report. The firm earned “Buy” rating on Friday, August 7 by Needham. The stock has “Hold” rating by Canaccord Genuity on Friday, February 16. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, February 12. Below is a list of Amber Road, Inc. (NYSE:AMBR) latest ratings and price target changes.

16/02/2018 Broker: Needham Rating: Buy New Target: $13.0 Maintain
16/02/2018 Broker: Canaccord Genuity Old Rating: Buy New Rating: Hold Old Target: $10 Downgrade
02/11/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $12.0 Maintain
03/11/2017 Broker: Canaccord Genuity Rating: Buy Old Target: $11 New Target: $10 Maintain
16/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

The stock decreased 0.11% or $0.01 during the last trading session, reaching $9.46. About 33,603 shares traded. Amber Road, Inc. (NYSE:AMBR) has risen 46.06% since March 14, 2017 and is uptrending. It has outperformed by 29.36% the S&P500.

Amber Road, Inc. provides cloud-based global trade management solutions in the United States and internationally. The company has market cap of $258.15 million. The companyÂ’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, supply chain collaboration with overseas factories and vendors, and duty management solutions to importers and exporters, nonvessel owning common carriers (resellers), and ocean carriers. It currently has negative earnings. It provides its solution to various industries, including chemical/pharmaceutical, high technology/electronics, industrial/manufacturing, logistics, gas and oil, and retail/apparel through a software-as-a-service model.

More news for Amber Road, Inc. (NYSE:AMBR) were recently published by: Businesswire.com, which released: “Amber Road Announces Fourth Quarter and Full Year 2017 Financial Results” on February 15, 2018. Businesswire.com‘s article titled: “Amber Road, Inc. Rejects Unsolicited Proposal from E2open, LLC” and published on February 12, 2018 is yet another important article.

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