Key Points
- CEO Aaron Day bought 470,000 Amaze shares at $0.14 each, a $65,800 purchase that boosted his direct holdings by 81.69% to 1,045,315 shares.
- Shares of Amaze Holdings (AMZE) were down 2.2% and opened at $0.15, leaving the company with a market cap of about $8.82 million and a 52-week range of $0.11 to $11.76.
- The company recently reported a quarterly loss of $0.16 EPS on $0.47 million in revenue, while analysts currently hold a Moderate Buy consensus with an average price target of $3.00.
Amaze Holdings (NYSEAMERICAN:AMZE - Get Free Report) CEO Aaron Day acquired 470,000 shares of the company's stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average cost of $0.14 per share, with a total value of $65,800.00. Following the purchase, the chief executive officer directly owned 1,045,315 shares of the company's stock, valued at $146,344.10. This trade represents a 81.69% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Amaze Stock Down 2.2%
NYSEAMERICAN:AMZE opened at $0.15 on Friday. The company has a market capitalization of $8.82 million, a price-to-earnings ratio of -0.02 and a beta of 1.62. Amaze Holdings has a 52-week low of $0.11 and a 52-week high of $11.76. The company's fifty day simple moving average is $0.18.
Amaze (NYSEAMERICAN:AMZE - Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $0.47 million for the quarter. Amaze had a negative net margin of 571.96% and a negative return on equity of 149.33%. On average, equities analysts predict that Amaze Holdings will post 0.16 earnings per share for the current year.
Institutional Investors Weigh In On Amaze
An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC purchased a new stake in shares of Amaze Holdings (NYSEAMERICAN:AMZE - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 85,455 shares of the company's stock, valued at approximately $32,000. Jane Street Group LLC owned approximately 0.43% of Amaze as of its most recent SEC filing. 23.00% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Amaze to a "hold" rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Amaze presently has a consensus rating of "Moderate Buy" and an average price target of $3.00.
View Our Latest Analysis on Amaze
Amaze Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].