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

Amaze Holdings (NYSEAMERICAN:AMZE) CEO Aaron Day acquired 470,000 shares of Amaze stock in a transaction on Wednesday, May 20th. The shares were purchased 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 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 acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Amaze Trading Down 2.2%

Shares of NYSEAMERICAN AMZE opened at $0.15 on Friday. The firm’s fifty day moving average price is $0.18. Amaze Holdings has a 1-year low of $0.11 and a 1-year high of $11.76. 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 (NYSEAMERICAN:AMZE) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. Amaze had a negative net margin of 571.96% and a negative return on equity of 149.33%. The firm had revenue of $0.47 million for the quarter. On average, equities research analysts anticipate that Amaze Holdings will post 0.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amaze

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

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Amaze to a “hold” rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Amaze presently has a consensus rating of “Moderate Buy” and an average target price of $3.00.

Amaze Company Profile

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.