Amplitude (NASDAQ:AMPL) CTO Curtis Liu Sells 17,586 Shares

Key Points

• CTO Curtis Liu sold 17,586 shares on May 4 at an average price of $8.12 for about $142,798, leaving him with 1,067,259 shares and reducing his stake by ~1.62%.
• Q1 results: Amplitude reported ($0.02) EPS, missing consensus by $0.01 while revenue was $93.49M; the stock fell ~5.4% to $7.52 on heavy volume and management guided Q2 EPS -0.020 to -0.010 and FY2026 EPS 0.030–0.060.
• The board authorized a $100 million share repurchase program (up to about 11.8% of shares), and institutional investors now hold roughly 73% of the stock.

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) CTO Curtis Liu sold 17,586 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $8.12, for a total value of $142,798.32. Following the sale, the chief technology officer directly owned 1,067,259 shares in the company, valued at $8,666,143.08. This trade represents a 1.62% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Amplitude Stock Down 5.4%

AMPL traded down $0.43 during trading on Wednesday, reaching $7.52. 3,036,920 shares of the company were exchanged, compared to its average volume of 1,936,235. The company's 50-day moving average is $7.00 and its two-hundred day moving average is $8.95. The company has a market cap of $780.43 million, a price-to-earnings ratio of -11.22 and a beta of 1.43. Amplitude, Inc. has a 12-month low of $5.51 and a 12-month high of $14.49.

Amplitude (NASDAQ:AMPL - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). The company had revenue of $93.49 million for the quarter, compared to analysts' expectations of $92.95 million. Amplitude had a negative return on equity of 32.33% and a negative net margin of 25.80%.Amplitude has set its Q2 2026 guidance at -0.020--0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. Equities analysts forecast that Amplitude, Inc. will post -0.63 earnings per share for the current year.

Amplitude announced that its Board of Directors has initiated a share repurchase program on Wednesday, February 18th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 11.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

Hedge Funds Weigh In On Amplitude

Several institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC increased its position in shares of Amplitude by 12.2% during the 1st quarter. Hsbc Holdings PLC now owns 159,275 shares of the company's stock valued at $1,108,000 after purchasing an additional 17,279 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Amplitude during the 1st quarter valued at about $3,097,000. Inspire Investing LLC increased its position in shares of Amplitude by 85.4% during the 1st quarter. Inspire Investing LLC now owns 74,731 shares of the company's stock valued at $510,000 after purchasing an additional 34,431 shares during the last quarter. Blue Trust Inc. increased its position in shares of Amplitude by 15.8% during the 1st quarter. Blue Trust Inc. now owns 40,204 shares of the company's stock valued at $274,000 after purchasing an additional 5,481 shares during the last quarter. Finally, Krilogy Financial LLC bought a new position in shares of Amplitude during the 1st quarter valued at about $77,000. 73.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Morgan Stanley set a $16.00 price objective on Amplitude and gave the stock an "overweight" rating in a report on Thursday, January 15th. Piper Sandler decreased their target price on Amplitude from $10.00 to $9.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 14th. Weiss Ratings lowered Amplitude from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Friday, April 24th. UBS Group decreased their target price on Amplitude from $13.00 to $10.00 and set a "buy" rating on the stock in a research note on Thursday, February 19th. Finally, KeyCorp decreased their target price on Amplitude from $16.00 to $14.00 and set an "overweight" rating on the stock in a research note on Thursday, February 19th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Amplitude currently has a consensus rating of "Moderate Buy" and an average target price of $13.22.

Amplitude Company Profile

Amplitude, Inc is a software company specializing in digital analytics and product intelligence solutions for businesses seeking to optimize user engagement and drive growth. Its core offering, the Amplitude Analytics platform, enables customers to collect and analyze behavioral data from web and mobile applications in real time. The platform provides advanced segmentation, funnel analysis, retention tracking and pathfinding tools that help product, marketing and data teams understand user journeys, identify friction points and measure the impact of new features.

Founded in 2012 by Spenser Skates, Curtis Liu and Jeffrey Wang, Amplitude is headquartered in Redwood City, California, with additional offices spanning North America, Europe and Asia.

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