Amplitude (NASDAQ:AMPL) CEO Sells $51,138.55 in Stock

by · The Cerbat Gem

Amplitude, Inc. (NASDAQ:AMPL – Get Free Report) CEO Spenser Skates sold 3,539 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $14.45, for a total value of $51,138.55. The sale was disclosed in a 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 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 Price Performance

Amplitude stock opened at $14.52 on Monday. Amplitude, Inc. has a 12 month low of $5.51 and a 12 month high of $14.76. The company has a fifty day moving average price of $12.52 and a two-hundred day moving average price of $9.14. The company has a market cap of $1.47 billion, a PE ratio of -19.36 and a beta of 1.49.

Amplitude (NASDAQ:AMPL – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. The company had revenue of $100.89 million for 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. Equities research analysts anticipate that Amplitude, Inc. will post -0.66 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on AMPL. BTIG Research raised their target price on shares of Amplitude from $10.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. DA Davidson upped their target price on Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a report on Thursday, August 6th. Morgan Stanley increased 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. Piper Sandler raised their price target on Amplitude from $13.00 to $18.00 and gave the stock an “overweight” rating in a report on Wednesday, September 30th. Finally, UBS Group boosted their price objective on Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $13.05.

Get Our Latest Report on AMPL

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AMPL. Arrowstreet Capital Limited Partnership bought a new position in Amplitude during the first quarter valued at about $3,930,000. Dimensional Fund Advisors LP raised its position in Amplitude by 368.1% in the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock worth $4,213,000 after acquiring an additional 485,752 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Amplitude in the first quarter worth about $3,097,000. Quantinno Capital Management LP lifted its holdings in Amplitude by 1,683.8% in the 1st quarter. Quantinno Capital Management LP now owns 370,515 shares of the company’s stock valued at $2,527,000 after acquiring an additional 349,744 shares during the last quarter. Finally, First Trust Advisors LP boosted its position in shares of Amplitude by 362.8% during the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock valued at $2,896,000 after purchasing an additional 332,830 shares in the last quarter. Institutional investors and hedge funds own 73.20% of the company’s stock.

About Amplitude

(Get Free Report)

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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