Amber Road, Inc. (AMBR) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP decreased its holdings in Amber Road, Inc. (NYSE:AMBR) by 17.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,700 shares of the software maker’s stock after selling 12,400 shares during the period. GSA Capital Partners LLP owned about 0.21% of Amber Road worth $443,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Goldman Sachs Group Inc. boosted its stake in shares of Amber Road by 1.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 11,740 shares of the software maker’s stock worth $101,000 after buying an additional 224 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Amber Road by 1.7% in the 1st quarter. Geode Capital Management LLC now owns 134,082 shares of the software maker’s stock worth $1,035,000 after buying an additional 2,288 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of Amber Road by 12.5% in the 2nd quarter. Rhumbline Advisers now owns 20,675 shares of the software maker’s stock worth $177,000 after buying an additional 2,305 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Amber Road by 2.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 149,741 shares of the software maker’s stock worth $1,283,000 after buying an additional 3,699 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Amber Road by 27.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 18,788 shares of the software maker’s stock worth $162,000 after buying an additional 4,042 shares during the last quarter. 72.64% of the stock is owned by institutional investors and hedge funds.

In other news, CFO Thomas E. Conway sold 4,843 shares of Amber Road stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $6.47, for a total value of $31,334.21. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Albert C. Cooke III sold 4,182 shares of Amber Road stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $7.09, for a total value of $29,650.38. The disclosure for this sale can be found here. 13.10% of the stock is owned by insiders.

Amber Road, Inc. (NYSE AMBR) opened at $7.44 on Friday. The firm has a market capitalization of $202.88, a price-to-earnings ratio of -13.05 and a beta of 0.77. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.81. Amber Road, Inc. has a 52-week low of $6.14 and a 52-week high of $9.82.

Amber Road (NYSE:AMBR) last announced its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.02) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.06. Amber Road had a negative return on equity of 53.22% and a negative net margin of 20.19%. The business had revenue of $20.20 million for the quarter, compared to the consensus estimate of $20.36 million. During the same period in the previous year, the business earned ($0.08) earnings per share. The business’s revenue was up 6.9% on a year-over-year basis. equities analysts anticipate that Amber Road, Inc. will post -0.52 EPS for the current fiscal year.

A number of equities analysts have recently issued reports on the company. Canaccord Genuity dropped their price target on Amber Road from $11.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, November 3rd. Needham & Company LLC reiterated a “buy” rating and set a $11.00 target price on shares of Amber Road in a research report on Wednesday, November 1st. Finally, Zacks Investment Research downgraded Amber Road from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $11.25.

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Amber Road 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.

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

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