Amplitude (NASDAQ:AMPL) Stock: Insider Spenser Skates Sells 901 Shares

Key Points

• Amplitude CEO Spenser Skates sold 901 shares at an average price of $17.46, worth $15,731.46. The sale follows several larger stock sales by Skates in recent months.
• Amplitude beat quarterly estimates, reporting adjusted earnings of $0.04 per share and revenue of $110.64 million; however, it remains unprofitable, with a negative net margin of 25.24%.
• Shares rose 3.7% to $16.70, and several analysts raised price targets after the results. The stock carries a consensus “Moderate Buy” rating and a $17 average target price.

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) CEO Spenser Skates sold 901 shares of the company's stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $17.46, for a total transaction of $15,731.46. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, November 5th, Spenser Skates sold 61 shares of Amplitude stock. The shares were sold at an average price of $18.12, for a total value of $1,105.32.
• On Wednesday, October 28th, Spenser Skates sold 6,651 shares of Amplitude stock. The stock was sold at an average price of $17.53, for a total transaction of $116,592.03.
• On Monday, October 26th, Spenser Skates sold 300 shares of Amplitude stock. The stock was 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 transaction of $1,017,663.24.
• On Thursday, October 1st, Spenser Skates sold 3,539 shares of Amplitude stock. The shares were 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 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 Up 3.7%

Shares of NASDAQ AMPL traded up $0.60 on Friday, reaching $16.70. 2,412,805 shares of the company's stock traded hands, compared to its average volume of 2,130,689. The business's 50 day simple moving average is $14.76 and its two-hundred day simple moving average is $9.76. Amplitude, Inc. has a 12 month low of $5.51 and a 12 month high of $18.85. The company has a market cap of $1.69 billion, a price-to-earnings ratio of -21.97 and a beta of 1.30.

Amplitude (NASDAQ:AMPL - Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.01. Amplitude had a negative net margin of 25.24% and a negative return on equity of 45.71%. The business had revenue of $110.64 million during the quarter, compared to analysts' expectations of $107.02 million. Analysts forecast that Amplitude, Inc. will post -0.66 earnings per share for the current fiscal year.

Institutional Trading of Amplitude

Several hedge funds have recently modified their holdings of the stock. Vise Technologies Inc. grew its position in Amplitude by 6.4% in the 3rd quarter. Vise Technologies Inc. now owns 14,040 shares of the company's stock valued at $194,000 after buying an additional 843 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Amplitude by 169.1% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,465 shares of the company's stock worth $34,000 after buying an additional 1,549 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Amplitude by 4.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 46,249 shares of the company's stock worth $661,000 after buying an additional 1,816 shares during the last quarter. Sterling Capital Management LLC raised its position in Amplitude by 838.1% during the 3rd quarter. Sterling Capital Management LLC now owns 3,180 shares of the company's stock worth $44,000 after buying an additional 2,841 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Amplitude in the 2nd quarter worth $48,000. 73.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on AMPL shares. Bank of America lifted their target price on shares of Amplitude from $14.00 to $16.50 and gave the stock a "neutral" rating in a research note on Wednesday, October 14th. BTIG Research raised their price target on shares of Amplitude from $17.00 to $19.00 and gave the stock a "buy" rating in a research note on Thursday. Morgan Stanley boosted their price target on shares of Amplitude from $12.00 to $16.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Piper Sandler upped their price objective on shares of Amplitude from $18.00 to $22.00 and gave the company an "overweight" rating in a research note on Thursday. Finally, UBS Group upped their price objective on shares of Amplitude from $13.00 to $22.00 and gave the company a "buy" rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Amplitude presently has an average rating of "Moderate Buy" and a consensus target price of $17.00.

Amplitude News Roundup

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Amplitude reported Q3 adjusted earnings of $0.04 per share, above the $0.03 consensus, and revenue of about $110.6 million versus estimates of $107.0 million. Revenue grew 25% year over year, and the company’s full-year outlook exceeded expectations. Amplitude Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Management highlighted enterprise AI adoption and new products as drivers of growth, while the earnings coverage also noted record margins—factors that may reinforce confidence in the company’s growth prospects. Q3 2026 deep dive
• Positive Sentiment: Several firms raised targets after the results: UBS, KeyCorp and Piper Sandler set targets at $22; Needham raised its target to $21, and BTIG to $19. The revisions and maintained Buy or Overweight ratings signal improved analyst expectations. Analysts Boost Their Forecasts
• Negative Sentiment: Despite the quarterly beat, Amplitude remains unprofitable, with a reported negative net margin of 25.24%, leaving profitability a risk for investors. Quarterly earnings report

Amplitude Company Profile

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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