A Major Shareholder at Amyris (NASDAQ: AMRS) is Selling Shares

Today, a Major Shareholder at Amyris (NASDAQ: AMRS), Maxwell Pte Ltd, sold shares of AMRS for $1.89M.

This is Ltd’s first Sell trade following 5 Buy transactions.

Based on Amyris’ latest earnings report from June 30, the company posted quarterly revenue of $9.6M and GAAP net loss of $13.57M. In comparison, last year the company earned revenue of $8.59M and had a GAAP net loss of $76.66M. Currently, Amyris has an average volume of 13.91M. The company has a one year high of $1.85 and a one year low of $0.31.

Over the last 3 months, the insider sentiment on Amyris has been positive based on 35 corporate insider transactions. This sentiment is slightly higher than the average sector sentiment of insiders.

Amyris, Inc. engages in the research, development, manufacture, and sale of fuels and farnesene-derived products. Its products include cosmetics, flavors and fragrances, performance materials, diesel, jet fuel, and lubricants. It operates through the following geographical segments: United States, Brazil, Europe, and Asia. The company was founded by Jack D. Newman, Kinkead Keith Reiling and Neil Renninger on July 17, 2003 and is headquartered in Emeryville, CA.