GSA Capital Partners LLP trimmed its holdings in Amber Road, Inc. (NYSE:AMBR) by 14.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,100 shares of the software maker’s stock after selling 12,199 shares during the period. GSA Capital Partners LLP owned about 0.26% of Amber Road worth $601,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Cadence Capital Management LLC purchased a new position in shares of Amber Road in the second quarter valued at about $617,000. United Services Automobile Association lifted its position in shares of Amber Road by 54.7% in the first quarter. United Services Automobile Association now owns 92,980 shares of the software maker’s stock valued at $718,000 after acquiring an additional 32,890 shares in the last quarter. Gagnon Securities LLC lifted its position in shares of Amber Road by 16.4% in the second quarter. Gagnon Securities LLC now owns 1,328,206 shares of the software maker’s stock valued at $11,383,000 after acquiring an additional 187,419 shares in the last quarter. Teachers Advisors LLC lifted its position in shares of Amber Road by 38.8% in the fourth quarter. Teachers Advisors LLC now owns 45,409 shares of the software maker’s stock valued at $412,000 after acquiring an additional 12,698 shares in the last quarter. Finally, Oaktop Capital Management II L.P. purchased a new position in shares of Amber Road in the second quarter valued at about $8,175,000. Institutional investors and hedge funds own 69.33% of the company’s stock.

In related news, CFO Thomas E. Conway sold 4,843 shares of Amber Road stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $7.46, for a total value of $36,128.78. Following the sale, the chief financial officer now directly owns 4,843 shares in the company, valued at approximately $36,128.78. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO James W. Preuninger sold 36,609 shares of Amber Road stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $7.56, for a total value of $276,764.04. Following the completion of the sale, the chief executive officer now owns 1,815,184 shares in the company, valued at $13,722,791.04. The disclosure for this sale can be found here. Over the last quarter, insiders sold 82,424 shares of company stock worth $633,622. 13.10% of the stock is currently owned by insiders.

Shares of Amber Road, Inc. (NYSE:AMBR) opened at 8.12 on Monday. The company has a 50 day moving average price of $7.67 and a 200-day moving average price of $7.97. The stock’s market capitalization is $220.52 million. Amber Road, Inc. has a 52-week low of $6.71 and a 52-week high of $12.30.

Amber Road (NYSE:AMBR) last posted its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.16) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.20) by $0.04. Amber Road had a negative return on equity of 53.03% and a negative net margin of 22.59%. The company had revenue of $19.70 million for the quarter, compared to analysts’ expectations of $19.84 million. During the same period in the previous year, the firm posted ($0.11) EPS. Amber Road’s revenue was up 8.8% compared to the same quarter last year. On average, analysts predict that Amber Road, Inc. will post ($0.37) earnings per share for the current fiscal year.

AMBR has been the topic of several research analyst reports. Ladenburg Thalmann Financial Services restated a “buy” rating and issued a $15.00 price objective on shares of Amber Road in a research report on Monday, June 12th. ValuEngine downgraded Amber Road from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. Finally, Zacks Investment Research upgraded Amber Road from a “hold” rating to a “buy” rating and set a $9.00 price objective on the stock in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $11.50.

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Amber Road Company 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.

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

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