Amplitude (NASDAQ:AMPL) CEO Spenser Skates Sells 6,651 Shares of Company Stock

Key Points

• CEO Spenser Skates sold 6,651 Amplitude shares at an average price of $17.53, totaling approximately $116,592. The sale follows several larger insider disposals in September and October, including 107,136 shares sold on October 23.
• Amplitude shares rose 1.0% to $17.44, near the company’s 12-month high of $17.84 and well above its 50-day and 200-day moving averages. The stock has a market capitalization of approximately $1.77 billion.
• The company’s latest quarter exceeded revenue expectations, reporting $100.9 million versus a $98.2 million consensus estimate, while adjusted EPS matched forecasts. Analysts have a “Moderate Buy” consensus rating, with an average price target of $14.30.

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) CEO Spenser Skates sold 6,651 shares of Amplitude stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $17.53, for a total transaction of $116,592.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Spenser Skates also recently made the following trade(s):

• On Monday, October 26th, Spenser Skates sold 300 shares of Amplitude stock. The shares were sold at an average price of $17.46, for a total value of $5,238.00.
• On Friday, October 23rd, Spenser Skates sold 107,136 shares of Amplitude stock. The shares were sold at an average price of $17.52, for a total value of $1,877,022.72.
• On Friday, October 2nd, Spenser Skates sold 70,087 shares of Amplitude stock. The stock was sold at an average price of $14.52, for a total value of $1,017,663.24.
• On Thursday, October 1st, Spenser Skates sold 3,539 shares of Amplitude stock. The stock was sold at an average price of $14.45, for a total value of $51,138.55.
• On Wednesday, September 30th, Spenser Skates sold 1,374 shares of Amplitude stock. The stock was sold at an average price of $14.45, for a total value of $19,854.30.
• On Thursday, September 10th, Spenser Skates sold 185,000 shares of Amplitude stock. The stock was sold at an average price of $12.30, for a total value of $2,275,500.00.

Amplitude Trading Up 1.0%

NASDAQ AMPL traded up $0.18 during midday trading on Wednesday, hitting $17.44. The company had a trading volume of 1,421,023 shares, compared to its average volume of 2,118,523. The company has a market capitalization of $1.77 billion, a PE ratio of -23.25 and a beta of 1.49. The firm has a 50-day moving average price of $14.21 and a 200-day moving average price of $9.54. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $17.84.

Amplitude (NASDAQ:AMPL - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.01). The firm had revenue of $100.89 million during the quarter, compared to the consensus estimate of $98.16 million. Amplitude had a negative return on equity of 42.62% and a negative net margin of 26.59%. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. On average, equities analysts anticipate that Amplitude, Inc. will post -0.66 EPS for the current year.

Institutional Trading of Amplitude

Institutional investors and hedge funds have recently modified their holdings of the business. Nisa Investment Advisors LLC grew its position in Amplitude by 169.1% in the third quarter. Nisa Investment Advisors LLC now owns 2,465 shares of the company's stock valued at $34,000 after acquiring an additional 1,549 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in shares of Amplitude by 838.1% in the third quarter. Sterling Capital Management LLC now owns 3,180 shares of the company's stock worth $44,000 after acquiring an additional 2,841 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Amplitude by 15.8% in the first quarter. Blue Trust Inc. now owns 40,204 shares of the company's stock worth $274,000 after acquiring an additional 5,481 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Amplitude in the 2nd quarter valued at approximately $48,000. Finally, Krilogy Financial LLC acquired a new stake in shares of Amplitude in the 1st quarter valued at approximately $77,000. 73.20% of the stock is currently owned by institutional investors.

Key Stories Impacting Amplitude

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Coinbase said the exposure originated with analytics vendor Amplitude, not from a breach of Coinbase’s internal systems. Reported information was primarily customer contact or analytics-related data, while passwords, private keys and customer funds were not affected. That clarification may reduce fears of a broader, financially material cybersecurity failure for AMPL. Coinbase Customer Data Hit in Analytics Vendor Breach
• Neutral Sentiment: Amplitude’s most recent reported quarter showed revenue of $100.9 million, ahead of the $98.2 million consensus estimate, while adjusted earnings matched expectations. Management guided to positive earnings for the third quarter and full year, supporting the recent share-price momentum, although the company remains unprofitable on a GAAP basis.
• Negative Sentiment: The Coinbase-related incident could increase legal, compliance and customer-retention risks for Amplitude because its platform handled data connected to a major financial-technology customer. Even if sensitive credentials and funds were not exposed, the event may prompt customers to review vendor security and could raise remediation costs. Coinbase Denies a Data Breach and Puts the Exposure at Amplitude
• Negative Sentiment: CEO Spenser Skates sold 107,136 AMPL shares for approximately $1.88 million at an average price of $17.52. The sale follows several other insider sales in September and October, which may weigh on sentiment—particularly with the stock trading well above its 50-day and 200-day moving averages. Amplitude CEO Insider Sale

Analyst Upgrades and Downgrades

AMPL has been the topic of several recent analyst reports. Raymond James Financial started coverage on shares of Amplitude in a report on Tuesday, June 30th. They issued a "strong-buy" rating and a $10.00 target price on the stock. Citigroup upped their price target on shares of Amplitude from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. Weiss Ratings upgraded shares of Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, August 11th. UBS Group increased their price target on shares of Amplitude from $8.50 to $13.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, Piper Sandler lifted their price objective on shares of Amplitude from $13.00 to $18.00 and gave the company an "overweight" rating in a research note on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $14.30.

About Amplitude

Amplitude, Inc is a software company that provides digital analytics and product experience solutions. Its platform helps organizations collect, analyze and act on user behavior data across websites, mobile applications and other digital products.

The company's offerings include Amplitude Analytics, which enables teams to measure user engagement, retention and conversion; experimentation tools for testing product changes; session replay capabilities for reviewing user interactions; and data management and governance features.

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