A Director at Amber Road (NYSE: AMBR) is Selling Shares

By Carrie Williams

Yesterday, a Director at Amber Road (NYSE: AMBR), Donald Caldwell, sold shares of AMBR for $4.58M.

Following Donald Caldwell’s last AMBR Sell transaction on September 16, 2016, the stock climbed by 2.5%. In addition to Donald Caldwell, one other AMBR executive reported Sell trades in the last month.

Based on Amber Road’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $18.85 million and GAAP net loss of $3.79 million. In comparison, last year the company earned revenue of $17.34 million and had a GAAP net loss of $6.26 million. The company has a one year high of $12.30 and a one year low of $3.60. Currently, Amber Road has an average volume of 1.25M.

The insider sentiment on Amber Road has been negative according to 13 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Donald Caldwell’s trades have generated a -4.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

Amber Road, Inc. provides cloud-based global trade management (GTM) solutions. The company delivers GTM solution using a Software-as-a-Service model and leverage a highly flexible technology framework to quickly and efficiently meet its customers’ unique requirements around the world. Its solutions use a combination of enterprise-class software, intelligent trade content, and a global trade network that connects supply chain participants such as importers, exporters, freight forwarders, customs brokers and transportation carriers. Amber Road was founded in by Zinn J. Donald, James W. Preuninger and John W. Preuninger in 1990 and is headquartered in East Rutherford, NJ.