Insider Selling: Amplitude (NASDAQ:AMPL) CEO Sells 185,000 Shares of Stock

Amplitude, Inc. (NASDAQ:AMPL) CEO Spenser Skates sold 185,000 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $12.30, for a total transaction of $2,275,500.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amplitude Stock Performance

Shares of NASDAQ:AMPL traded up $1.06 during midday trading on Monday, hitting $13.65. 1,629,233 shares of the company’s stock traded hands, compared to its average volume of 2,199,046. The firm’s fifty day moving average price is $11.19 and its two-hundred day moving average price is $8.49. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $14.76. The company has a market cap of $1.38 billion, a PE ratio of -18.20 and a beta of 1.50.

Amplitude (NASDAQ:AMPL) last posted 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 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 analyst estimates 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. As a group, equities research analysts anticipate that Amplitude, Inc. will post -0.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC bought a new stake in shares of Amplitude in the 2nd quarter worth about $48,000. Krilogy Financial LLC acquired a new stake in shares of Amplitude in the 1st quarter valued at about $77,000. Kemnay Advisory Services Inc. acquired a new position in Amplitude in the fourth quarter worth about $119,000. ProShare Advisors LLC increased its holdings in Amplitude by 10.5% in the fourth quarter. ProShare Advisors LLC now owns 16,880 shares of the company’s stock valued at $195,000 after buying an additional 1,600 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in Amplitude by 15.8% in the first quarter. Blue Trust Inc. now owns 40,204 shares of the company’s stock valued at $274,000 after buying an additional 5,481 shares during the last quarter. 73.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMPL has been the subject of a number of analyst reports. Citigroup upped their price objective on shares of Amplitude from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. BTIG Research lifted their target price on Amplitude from $10.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. UBS Group increased their price target on Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Piper Sandler raised their price objective on Amplitude from $11.00 to $13.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $12.55.

Amplitude Company Profile

Amplitude, Inc (NASDAQ: AMPL) develops a digital analytics platform that helps companies understand how users interact with their websites, mobile applications and other digital products. Its software is designed to help organizations analyze customer behavior, identify opportunities for product improvement and support data-driven decision-making.

The company’s product offerings include Amplitude Analytics for behavioral and product analysis, along with tools for experimentation, session replay, customer data management and product performance monitoring.