Exclusive: Will Amber Road Inc Go Down Anytime Soon?

Exclusive: Will Amber Road Inc Go Down Anytime Soon?

The stock of Amber Road Inc (NYSE:AMBR) is a huge mover today! About 743,791 shares traded hands or 220.67% up from the average. Amber Road Inc (NYSE:AMBR) has risen 69.62% since April 4, 2016 and is uptrending. It has outperformed by 68.53% the S&P500.
The move comes after 9 months positive chart setup for the $247.67M company. It was reported on Nov, 4 by Barchart.com. We have $25.35 PT which if reached, will make NYSE:AMBR worth $416.09M 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 “Outperform” rating by FBR Capital given on Friday, August 5. As per Monday, June 20, the company rating was maintained by Needham. The firm has “Buy” rating by Needham given on Friday, August 7. The firm has “Buy” rating given on Monday, September 28 by Needham. Stifel Nicolaus maintained Amber Road Inc (NYSE:AMBR) on Friday, August 5 with “Buy” rating. The firm has “Outperform” rating given on Monday, August 15 by Raymond James. Stifel Nicolaus maintained it with “Buy” rating and $10 target price in Friday, February 12 report. Canaccord Genuity maintained the shares of AMBR in a report on Friday, August 7 with “Buy” rating.

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 increased, 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.
Coe Capital Mngmt Ltd Company reported 115,116 shares or 0% of all its holdings. Bamco Inc Ny accumulated 125,000 shares or 0.01% of the stock. Kornitzer Inc Ks has 205,700 shares for 0.03% of their US portfolio. Gagnon Advsr Ltd Liability Com last reported 739,502 shares in the company. Rhumbline Advisers last reported 0% of its portfolio in the stock. Manufacturers Life Insurance Com The, a Ontario – Canada-based fund reported 5,893 shares. Deutsche Bank & Trust Ag accumulated 0% or 260,026 shares. Mycio Wealth Ltd Llc has invested 0.03% of its portfolio in Amber Road Inc (NYSE:AMBR). The Pennsylvania-based Vanguard Grp Incorporated has invested 0% in Amber Road Inc (NYSE:AMBR). Thompson Davis Communications Inc holds 0.07% of its portfolio in Amber Road Inc (NYSE:AMBR) for 5,500 shares. Spark Invest Mngmt Ltd Company has 120,400 shares for 0.09% of their US portfolio. Ellington Grp Ltd Liability Co has 16,500 shares for 0.18% of their US portfolio. Millrace Asset Gp Inc Inc has invested 1.35% of its portfolio in Amber Road Inc (NYSE:AMBR). Gilder Gagnon Howe And Llc reported 75,831 shares or 0.01% of all its holdings. Geode Capital Mgmt Lc accumulated 76,405 shares or 0% of the stock.

Insider Transactions: Since May 18, 2016, the stock had 0 insider purchases, and 9 selling transactions for $28.54 million net activity. The insider Williams Barry MV sold 16,700 shares worth $167,167. On Tuesday, August 9 the insider Conway Thomas E sold $408,800. $1.03M worth of Amber Road Inc (NYSE:AMBR) was sold by Preuninger James W on Tuesday, August 9. On Wednesday, September 14 Cross Atlantic Capital Partners – Inc. sold $13.05M worth of the stock or 1.45M shares. Cooke Albert C III also sold $114,828 worth of Amber Road Inc (NYSE:AMBR) shares. 1.45M shares were sold by CALDWELL DONALD R, worth $13.05 million.

More news for Amber Road Inc (NYSE:AMBR) were recently published by: Businesswire.com, which released: “Amber Road Announces Third Quarter 2016 Financial Results” on November 03, 2016. Quotes.Wsj.com‘s article titled: “News Amber Road Inc.AMBR” and published on March 21, 2014 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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