Amplitude (NASDAQ:AMPL) Stock: Insider Spenser Skates Sells 3,539 Shares

Key Points

• Amplitude CEO Spenser Skates sold 3,539 shares at an average price of $14.45, generating approximately $51,139. This follows sales of 1,374 shares on September 30 and 185,000 shares earlier in September.
• Amplitude shares traded at $14.52, near their 12-month high of $14.76, with a market capitalization of approximately $1.47 billion. The stock has risen above both its 50-day and 200-day moving averages.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $13.05. The company reported quarterly revenue of $100.89 million, above expectations, while remaining unprofitable.

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) CEO Spenser Skates sold 3,539 shares of the stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $14.45, for a total transaction of $51,138.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, September 30th, Spenser Skates sold 1,374 shares of Amplitude stock. The shares were sold at an average price of $14.45, for a total transaction of $19,854.30.
• On Thursday, September 10th, Spenser Skates sold 185,000 shares of Amplitude stock. The shares were sold at an average price of $12.30, for a total transaction of $2,275,500.00.

Amplitude Stock Performance

Shares of NASDAQ AMPL traded up $0.22 during mid-day trading on Friday, reaching $14.52. The company had a trading volume of 1,726,585 shares, compared to its average volume of 2,152,631. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $14.76. The stock's 50 day moving average is $12.39 and its 200-day moving average is $9.09. The stock has a market capitalization of $1.47 billion, a PE ratio of -19.36 and a beta of 1.49.

Amplitude (NASDAQ:AMPL - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.01). Amplitude had a negative return on equity of 42.62% and a negative net margin of 26.59%.The firm had revenue of $100.89 million during the quarter, compared to analysts' expectations of $98.16 million. 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, sell-side analysts anticipate that Amplitude, Inc. will post -0.66 EPS for the current year.

Institutional Trading of Amplitude

A number of hedge funds have recently bought and sold shares of AMPL. Dimensional Fund Advisors LP raised its stake in shares of Amplitude by 368.1% in the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company's stock valued at $4,213,000 after purchasing an additional 485,752 shares in the last quarter. First Trust Advisors LP boosted its stake in Amplitude by 362.8% during the first quarter. First Trust Advisors LP now owns 424,566 shares of the company's stock worth $2,896,000 after buying an additional 332,830 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Amplitude during the first quarter worth $3,097,000. Bank of New York Mellon Corp bought a new stake in Amplitude in the 2nd quarter valued at $2,204,000. Finally, Squarepoint Ops LLC increased its holdings in Amplitude by 43.4% in the 2nd quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company's stock valued at $7,816,000 after buying an additional 309,252 shares during the period. 73.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMPL has been the subject of a number of recent research reports. Piper Sandler upped their price objective on shares of Amplitude from $13.00 to $18.00 and gave the stock an "overweight" rating in a report on Wednesday. Morgan Stanley boosted their price target on Amplitude from $12.00 to $16.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Citigroup upped their price target on Amplitude from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Raymond James Financial started coverage on Amplitude in a report on Tuesday, June 30th. They set a "strong-buy" rating and a $10.00 price objective on the stock. Finally, Weiss Ratings raised Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Amplitude presently has a consensus rating of "Moderate Buy" and a consensus target price of $13.05.

About Amplitude

Amplitude, Inc is a software company that provides a digital analytics platform designed to help organizations understand and improve digital products and customer experiences. Its platform enables businesses to collect, analyze and visualize behavioral data from websites, mobile applications and other digital services.

The company's product offerings include product analytics, session replay, experimentation and data management capabilities. These tools help product, marketing and engineering teams track user journeys, identify engagement trends, evaluate changes and make data-informed decisions throughout the product development and customer lifecycle.

Amplitude was founded in 2012 by Spenser Skates, Curtis Liu and Jeffrey Wang and is headquartered in San Francisco, California.

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