Amplify Snack Brands, inc. (NYSE:BETR) CEO Thomas C. Ennis sold 25,000 shares of Amplify Snack Brands, inc. stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $9.74, for a total value of $243,500.00. Following the sale, the chief executive officer now owns 2,930,952 shares of the company’s stock, valued at approximately $28,547,472.48. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Amplify Snack Brands, inc. (BETR) opened at 8.11 on Wednesday. Amplify Snack Brands, inc. has a one year low of $7.86 and a one year high of $17.53. The stock has a 50 day moving average price of $9.80 and a 200-day moving average price of $9.34. The company has a market capitalization of $602.51 million, a P/E ratio of 31.80 and a beta of 2.04.

Amplify Snack Brands, inc. (NYSE:BETR) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. The business had revenue of $101 million during the quarter, compared to analysts’ expectations of $98.99 million. Amplify Snack Brands, inc. had a return on equity of 47.40% and a net margin of 6.39%. The firm’s revenue for the quarter was up 68.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.15 earnings per share. Equities research analysts predict that Amplify Snack Brands, inc. will post $0.42 earnings per share for the current fiscal year.

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Large investors have recently modified their holdings of the stock. Comerica Bank bought a new stake in shares of Amplify Snack Brands, inc. during the fourth quarter valued at about $832,000. State Street Corp boosted its stake in Amplify Snack Brands, inc. by 2.8% in the fourth quarter. State Street Corp now owns 464,992 shares of the company’s stock valued at $4,097,000 after buying an additional 12,863 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Amplify Snack Brands, inc. by 33.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 43,847 shares of the company’s stock valued at $386,000 after buying an additional 11,090 shares during the last quarter. AQR Capital Management LLC acquired a new stake in Amplify Snack Brands, inc. during the fourth quarter valued at $150,000. Finally, Teachers Advisors LLC boosted its stake in Amplify Snack Brands, inc. by 0.5% in the fourth quarter. Teachers Advisors LLC now owns 47,333 shares of the company’s stock valued at $417,000 after buying an additional 219 shares during the last quarter. Institutional investors and hedge funds own 93.22% of the company’s stock.

Several analysts have commented on the company. Wedbush reaffirmed a “hold” rating on shares of Amplify Snack Brands, inc. in a research note on Tuesday. TheStreet raised Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a research report on Wednesday, August 2nd. Zacks Investment Research lowered Amplify Snack Brands, inc. from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, Jefferies Group LLC set a $12.00 price target on Amplify Snack Brands, inc. and gave the stock a “buy” rating in a research report on Saturday, July 29th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. Amplify Snack Brands, inc. currently has a consensus rating of “Hold” and a consensus target price of $14.61.

About Amplify Snack Brands, inc.

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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