Aaron Day Purchases 470,000 Shares of Amaze (NYSEAMERICAN:AMZE) Stock

Amaze Holdings (NYSEAMERICAN:AMZE) CEO Aaron Day purchased 470,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of $0.14 per share, with a total value of $65,800.00. Following the completion of the acquisition, the chief executive officer directly owned 1,045,315 shares of the company’s stock, valued at $146,344.10. This represents a 81.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Amaze Price Performance

Shares of Amaze stock opened at $0.15 on Friday. Amaze Holdings has a 52 week low of $0.11 and a 52 week high of $11.76. The company has a 50 day moving average of $0.18. The stock has a market capitalization of $6.90 million, a price-to-earnings ratio of -0.02 and a beta of 1.62.

Amaze (NYSEAMERICAN:AMZE) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. Amaze had a negative return on equity of 149.33% and a negative net margin of 571.96%.The company had revenue of $0.47 million for the quarter. As a group, sell-side analysts predict that Amaze Holdings will post 0.16 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Amaze to a “hold” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $3.00.

Institutional Investors Weigh In On Amaze

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC bought a new position in shares of Amaze Holdings (NYSEAMERICAN:AMZE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 85,455 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned about 0.43% of Amaze at the end of the most recent quarter. Institutional investors and hedge funds own 23.00% of the company’s stock.

About Amaze

Fresh Vine Wine, Inc produces and sells low-carb and low-calorie wines in the United States and Puerto Rico. Its wine varietals include cabernet sauvignon, pinot noir, chardonnay, and rose. The company offers its products through wholesale, retail, and direct-to-consumer channels. Fresh Vine Wine, Inc was founded in 2019 and is based in Plymouth, Minnesota. Fresh Vine Wine, Inc operates as a subsidiary of Nechio & Novak, LLC.