Amplify Snack Brands, Inc (BETR): Andrew S. Friedman , director of Amplify Snack Brands, Inc sold 490,639 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $10.77 per share for a total value of $5,285,114.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 15, 2016, Thomas C. Ennis (CEO) purchased 15,500 shares at $12.72 per share price.On Mar 15, 2016, Jason Shiver (SVP of Sales) purchased 3,850 shares at $12.72 per share price.Also, On Mar 15, 2016, Brian Goldberg (CFO) purchased 4,650 shares at $12.72 per share price.On Nov 18, 2015, Jeffrey S Barber (director) sold 20,660 shares at $18.00 per share price.
Company has been under the radar of several Street Analysts.Amplify Snack Brands Inc is Initiated by DA Davidson to Buy and the brokerage firm has set the Price Target at $18. The Rating was issued on Apr 27, 2016.Amplify Snack Brands Inc is Upgraded by Goldman to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 11, 2016.
Amplify Snack Brands Inc. is a snack food company. The Company is engaged in marketing and distribution of better-for-you (BFY) ready-to-eat (RTE) snacking products. The Company’s anchor brand SkinnyPop is a BFY RTE popcorn brand. The Company’s SkinnyPop product portfolio consists of four core flavors which include original black pepper white cheddar flavor and naturally sweet along with occasional rotational flavors which are sold in a range of packaging sizes and marketed under the SkinnyPop brand. The Company’s SkinnyPop brand sells products and is sold in over 47000 retail locations in the United States and Canada. The Company distributes its products across a range of retail channels including natural and conventional grocery drug convenience club and mass merchandise. The Company also has a presence in the foodservice and selected other non-food retail channels.