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

Amplitude, Inc. (NASDAQ:AMPL) CEO Spenser Skates sold 3,539 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $14.45, for a total transaction of $51,138.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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 transaction 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 transaction of $2,275,500.00.

Amplitude Stock Performance

NASDAQ AMPL traded up $0.22 during trading on Friday, reaching $14.52. 1,726,585 shares of the company traded hands, compared to its average volume of 2,152,631. The stock’s 50 day moving average price is $12.39 and its two-hundred day moving average price is $9.09. The company has a market cap of $1.47 billion, a price-to-earnings ratio of -19.36 and a beta of 1.49. Amplitude, Inc. has a 1-year low of $5.51 and a 1-year high of $14.76.

Amplitude (NASDAQ:AMPL) last issued its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting 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 business 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. Equities research analysts expect that Amplitude, Inc. will post -0.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on AMPL shares. Weiss Ratings upgraded Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, August 11th. Piper Sandler boosted their target price on shares of Amplitude from $13.00 to $18.00 and gave the company an “overweight” rating in a research note on Wednesday. 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. BTIG Research increased their target price on shares of Amplitude from $10.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, UBS Group lifted their price target on shares of Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $13.05.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in shares of Amplitude during the second quarter worth $48,000. Squarepoint Ops LLC lifted its position in Amplitude by 43.4% during the 2nd 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 stake in shares of Amplitude by 982.2% in the 2nd quarter. Corient Private Wealth LP now owns 178,613 shares of the company’s stock valued at $1,366,000 after purchasing an additional 162,109 shares during the last quarter. Madison Asset Management LLC bought a new position in shares of Amplitude in the 2nd quarter valued at about $2,390,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Amplitude during the 2nd quarter worth approximately $2,204,000. 73.20% of the stock is currently owned by institutional investors.

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.