Amaze (NYSEAMERICAN:AMZE) Shares to Reverse Split on Monday, July 27th

Shares of Amaze Holdings (NYSEAMERICAN:AMZE) are going to reverse split on the morning of Monday, July 27th. The 1-8 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, July 26th.

Amaze Stock Performance

Shares of Amaze stock remained flat at $0.09 during trading on Wednesday. Amaze has a 1 year low of $0.07 and a 1 year high of $11.70. The firm has a market cap of $5.43 million, a P/E ratio of -0.01 and a beta of 1.64. The firm has a 50-day moving average of $0.14.

Amaze (NYSEAMERICAN:AMZE) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.16) EPS for the quarter. The business had revenue of $0.47 million for the quarter. Research analysts forecast that Amaze will post 0.16 earnings per share for the current fiscal year.

Insider Activity at Amaze

In other Amaze news, CEO Aaron Day bought 470,000 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of $0.14 per share, for a total transaction of $65,800.00. Following the transaction, the chief executive officer owned 1,045,315 shares of the company’s stock, valued at $146,344.10. This represents a 81.69% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Amaze

An institutional investor recently raised its position in Amaze stock. Geode Capital Management LLC raised its position in shares of Amaze Holdings (NYSEAMERICAN:AMZE) by 254.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 142,373 shares of the company’s stock after purchasing an additional 102,248 shares during the period. Geode Capital Management LLC owned about 0.71% of Amaze worth $54,000 as of its most recent filing with the Securities & Exchange Commission. 23.00% of the stock is owned by institutional investors and hedge funds.

About Amaze

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.