Insider Exclusive: Why Donald Caldwell Unloaded 389,788 Shares of Amber Road Inc (NYSE:AMBR)?

November 29, 2016 - By olga

Insider Exclusive: Why Donald Caldwell Unloaded 389,788 Shares of Amber Road Inc (NYSE:AMBR)?

Donald Caldwell Insider Sell

Director, Donald Caldwell is the Amber Road Inc’s insider which made a sale of shares of Amber Road Inc, 389,788 to be precise. The reported shares were based on a market price per share of $11.7, with the cashout worth $4,575,234 USD. The prospect that the sell stays unnoticed are quite small due to the substantial amount of cash involved. Currently, Donald Caldwell owns 3.78 million shares which are equivalent to roughly 14.26% of the company’s total market capitalization.

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. $13 is the highest target while $7 is the lowest. The $11 average target is -5.17% below today’s ($11.6) stock price. Amber Road has been the topic of 10 analyst reports since August 7, 2015 according to StockzIntelligence Inc. On Friday, August 7 the stock rating was maintained by Needham with “Buy”. The firm has “Buy” rating by Canaccord Genuity given on Friday, August 7. Stifel Nicolaus maintained it with “Buy” rating and $10 target price in Friday, February 12 report. As per Friday, August 5, the company rating was maintained by Stifel Nicolaus. On Friday, August 5 the stock rating was maintained by FBR Capital with “Outperform”. On Monday, June 20 the stock rating was maintained by Needham with “Buy”. On Monday, August 15 the stock rating was maintained by Raymond James with “Outperform”. The firm has “Buy” rating given on Monday, September 28 by Needham.

Insitutional Activity: The institutional sentiment increased to 2.6 in 2016 Q2. Its up 0.43, from 2.17 in 2016Q1. The ratio improved, 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.

Bancorporation Of America Corp De holds 0% of its portfolio in Amber Road Inc (NYSE:AMBR) for 335 shares. California State Teachers Retirement System last reported 36,606 shares in the company. Blackrock Institutional Na owns 154,750 shares or 0% of their US portfolio. Mycio Wealth Partners Limited Liability last reported 0.03% of its portfolio in the stock. Wells Fargo Co Mn holds 5,632 shares or 0% of its portfolio. Bnp Paribas Arbitrage last reported 0% of its portfolio in the stock. Blackrock Fund Advsr, a California-based fund reported 457,828 shares. Citigroup Incorporated reported 1,785 shares or 0% of all its holdings. Moreover, Renaissance Tech Limited Liability has 0.01% invested in Amber Road Inc (NYSE:AMBR) for 604,600 shares. Gilder Gagnon Howe And Communications Ltd Liability Corp accumulated 75,831 shares or 0.01% of the stock. Granite Investment Prns Llc owns 381,015 shares or 0.23% of their US portfolio. Levin Strategies Limited Partnership, a New York-based fund reported 25,000 shares. Thompson Davis has invested 0.07% of its portfolio in Amber Road Inc (NYSE:AMBR). Moreover, American Int Group Inc has 0% invested in Amber Road Inc (NYSE:AMBR) for 10,197 shares. Northern Trust has 0% invested in the company for 182,331 shares.

Insider Transactions: Since June 8, 2016, the stock had 0 buys, and 10 selling transactions for $28.79 million net activity. Preuninger James W had sold 100,000 shares worth $1.03 million on Tuesday, August 9. Another trade for 16,404 shares valued at $114,828 was sold by Cooke Albert C III. Cross Atlantic Capital Partners – Inc. had sold 1.45 million shares worth $13.05M on Wednesday, September 14. Conway Thomas E sold $408,800 worth of stock or 40,000 shares. 16,700 shares were sold by Williams Barry MV, worth $167,167 on Friday, August 12. 1.45 million shares with value of $13.05 million were sold by CALDWELL DONALD R on Wednesday, September 14.

The stock decreased 1.11% or $0.13 during the last trading session, hitting $11.6. About 1.25 million shares traded hands or 94.99% up from the average. Amber Road Inc (NYSE:AMBR) has risen 121.80% since April 26, 2016 and is uptrending. It has outperformed by 116.54% the S&P500.

Amber Road, Inc. is a provider of cloud global trade management solutions. The company has a market cap of $311.64 million. 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. It currently has negative earnings. The Firm delivers its GTM solution using a software-as-a-service (SaaS) model.

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.”

Analysts await Amber Road Inc (NYSE:AMBR) to report earnings on February, 9. They expect $-0.14 earnings per share, up 41.67% or $0.10 from last year’s $-0.24 per share. After $-0.13 actual earnings per share reported by Amber Road Inc for the previous quarter, Wall Street now forecasts 7.69% negative EPS growth.

Another recent and important Amber Road Inc (NYSE:AMBR) news was published by Streetinsider.com which published an article titled: “Form 4 Amber Road, Inc. For: Nov 23 Filed by: CALDWELL DONALD R” on November 29, 2016.

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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