Insider Selling: Amplitude (NASDAQ:AMPL) CEO Sells $19,854.30 in Stock

Key Points

• Amplitude CEO Spenser Skates sold 1,374 shares at an average price of $14.45, worth $19,854.30. He also recently sold 3,539 shares and 185,000 shares in separate transactions.
• Amplitude shares rose 1.5% to $14.52, near the company’s 52-week high of $14.76, while institutional investors own approximately 73.2% of the stock.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $13.05, despite Amplitude reporting a net loss and negative profitability metrics.

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) CEO Spenser Skates sold 1,374 shares of Amplitude stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $14.45, for a total value of $19,854.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• 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 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 Stock Up 1.5%

Shares of NASDAQ AMPL traded up $0.22 during mid-day trading on Friday, hitting $14.52. 1,726,585 shares of the company were exchanged, compared to its average volume of 2,152,631. The stock has a 50 day simple moving average of $12.39 and a 200-day simple moving average of $9.09. Amplitude, Inc. has a 1-year low of $5.51 and a 1-year high of $14.76. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of -19.36 and a beta of 1.49.

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

Institutional Investors Weigh In On Amplitude

Institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC acquired a new position in shares of Amplitude during the 2nd quarter worth $48,000. Squarepoint Ops LLC lifted its stake in shares of Amplitude by 43.4% in the second quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company's stock valued at $7,816,000 after purchasing an additional 309,252 shares during the period. Corient Private Wealth LP boosted its holdings in Amplitude by 982.2% during the second quarter. Corient Private Wealth LP now owns 178,613 shares of the company's stock worth $1,366,000 after buying an additional 162,109 shares in the last quarter. Madison Asset Management LLC purchased a new stake in Amplitude during the second quarter worth about $2,390,000. Finally, Bank of New York Mellon Corp purchased a new stake in Amplitude during the second quarter worth about $2,204,000. 73.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AMPL. DA Davidson boosted their price target on shares of Amplitude from $10.00 to $12.50 and gave the stock a "buy" rating in a research note on Thursday, August 6th. BTIG Research raised their price objective on shares of Amplitude from $10.00 to $13.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Weiss Ratings raised Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday, August 11th. Citigroup boosted their target price on Amplitude from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Finally, UBS Group increased their target price on Amplitude from $8.50 to $13.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $13.05.

Amplitude Company Profile

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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