Were Analysts Bearish Amber Road, Inc. (NYSE:AMBR) This Week?

March 14, 2018 - By Migdalia James

 Were Analysts Bearish Amber Road, Inc. (NYSE:AMBR) This Week?
Investors sentiment decreased to 1.6 in 2017 Q3. Its down 0.07, from 1.67 in 2017Q2. It fall, 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.
Bnp Paribas Arbitrage holds 1,509 shares. The New York-based Oppenheimer And Incorporated has invested 0.1% in Amber Road, Inc. (NYSE:AMBR). Bamco New York reported 194,200 shares stake. Ameritas Prtn has 0% invested in Amber Road, Inc. (NYSE:AMBR). Morgan Stanley holds 78,754 shares. Disciplined Growth Mn holds 346,175 shares or 0.06% of its portfolio. California Public Employees Retirement System invested 0% of its portfolio in Amber Road, Inc. (NYSE:AMBR). Cramer Rosenthal Mcglynn Lc holds 1.02 million shares. Tower Research Cap Limited Liability (Trc) reported 3,386 shares stake. 191,366 are owned by Tiverton Asset Limited. Renaissance Technology Ltd Liability Corporation holds 0.01% of its portfolio in Amber Road, Inc. (NYSE:AMBR) for 575,510 shares. Bridgeway invested in 0.01% or 133,000 shares. Credit Suisse Ag, Switzerland-based fund reported 13,015 shares. Bank Of Montreal Can invested in 567,649 shares. Millennium Mngmt Lc holds 0% or 29,667 shares in its portfolio.

Since September 15, 2017, it had 0 insider purchases, and 1 sale for $14,620 activity. Preuninger James W sold $276,764 worth of Amber Road, Inc. (NYSE:AMBR) on Friday, September 15.

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. Stifel Nicolaus maintained Amber Road, Inc. (NYSE:AMBR) on Thursday, November 2 with “Buy” rating. Canaccord Genuity maintained it with “Buy” rating and $1100 target in Sunday, July 30 report. The firm earned “Hold” rating on Wednesday, September 6 by KeyBanc Capital Markets. The rating was maintained by Needham with “Buy” on Monday, June 20. The stock of Amber Road, Inc. (NYSE:AMBR) has “Hold” rating given on Monday, October 16 by KeyBanc Capital Markets. The stock has “Buy” rating by Needham on Friday, February 16. The company was maintained on Monday, June 12 by Ladenburg. The company was maintained on Friday, February 12 by Stifel Nicolaus. The firm earned “Buy” rating on Friday, August 7 by Needham. The stock of Amber Road, Inc. (NYSE:AMBR) has “Buy” rating given on Friday, August 4 by Stifel Nicolaus. 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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