Amplify Snack Brands, inc. (NYSE:BETR) CFO Brian Goldberg sold 40,000 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $6.71, for a total transaction of $268,400.00. Following the transaction, the chief financial officer now owns 1,353,866 shares in the company, valued at approximately $9,084,440.86. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Brian Goldberg also recently made the following trade(s):

  • On Monday, July 17th, Brian Goldberg sold 20,000 shares of Amplify Snack Brands, inc. stock. The stock was sold at an average price of $10.03, for a total transaction of $200,600.00.
  • On Tuesday, July 18th, Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock. The shares were sold at an average price of $9.96, for a total transaction of $398,400.00.
  • On Wednesday, June 21st, Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock. The shares were sold at an average price of $8.97, for a total transaction of $358,800.00.
  • On Wednesday, May 31st, Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock. The shares were sold at an average price of $9.10, for a total transaction of $364,000.00.

Amplify Snack Brands, inc. (NYSE:BETR) traded down 2.37% on Thursday, reaching $6.60. 711,607 shares of the company were exchanged. Amplify Snack Brands, inc. has a 12-month low of $6.51 and a 12-month high of $17.53. The firm has a market capitalization of $506.62 million, a PE ratio of 47.48 and a beta of 2.04. The stock has a 50 day moving average of $9.44 and a 200 day moving average of $9.16.

Amplify Snack Brands, inc. (NYSE:BETR) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.08 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.08. Amplify Snack Brands, inc. had a net margin of 3.43% and a return on equity of 36.58%. The firm had revenue of $101 million for the quarter, compared to the consensus estimate of $98.99 million. During the same period in the previous year, the company earned $0.15 earnings per share. The company’s quarterly revenue was up 68.6% on a year-over-year basis. Equities analysts anticipate that Amplify Snack Brands, inc. will post $0.37 EPS for the current year.

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Several institutional investors have recently added to or reduced their stakes in BETR. Victory Capital Management Inc. increased its position in Amplify Snack Brands, inc. by 17.6% in the second quarter. Victory Capital Management Inc. now owns 11,124 shares of the company’s stock valued at $107,000 after buying an additional 1,667 shares in the last quarter. Verition Fund Management LLC bought a new position in Amplify Snack Brands, inc. during the second quarter valued at approximately $119,000. Commerce Bank increased its position in Amplify Snack Brands, inc. by 36.5% in the first quarter. Commerce Bank now owns 16,975 shares of the company’s stock valued at $143,000 after buying an additional 4,535 shares in the last quarter. AQR Capital Management LLC bought a new position in Amplify Snack Brands, inc. during the fourth quarter valued at approximately $150,000. Finally, American International Group Inc. increased its position in Amplify Snack Brands, inc. by 7.1% in the first quarter. American International Group Inc. now owns 17,999 shares of the company’s stock valued at $151,000 after buying an additional 1,186 shares in the last quarter. Hedge funds and other institutional investors own 93.15% of the company’s stock.

A number of research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Amplify Snack Brands, inc. from a “sell” rating to a “hold” rating in a research note on Thursday. Wedbush reiterated a “hold” rating on shares of Amplify Snack Brands, inc. in a research note on Tuesday, August 8th. BidaskClub lowered shares of Amplify Snack Brands, inc. from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Jefferies Group LLC set a $12.00 target price on shares of Amplify Snack Brands, inc. and gave the company a “buy” rating in a research note on Saturday, July 29th. Finally, TheStreet upgraded shares of Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a research note on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. Amplify Snack Brands, inc. currently has a consensus rating of “Hold” and a consensus target price of $13.36.

Amplify Snack Brands, inc. Company Profile

Amplify Snack Brands, Inc is a snack food company focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you (BFY) snacks. The Company’s segments are North America and International. The North America and International segments both operate in the snack food category and whose brands and products are offered in the natural and conventional grocery, drug, convenience, food service, club, mass merchandise and other channels.

Insider Buying and Selling by Quarter for Amplify Snack Brands, inc. (NYSE:BETR)

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