Amplitude (NASDAQ:AMPL) Stock: Insider Spenser Skates Sells 107,136 Shares

Amplitude, Inc. (NASDAQ:AMPL) CEO Spenser Skates sold 107,136 shares of Amplitude stock in a transaction dated Friday, October 23rd. The stock was sold at an average price of $17.52, for a total value of $1,877,022.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, October 2nd, Spenser Skates sold 70,087 shares of Amplitude stock. The shares were sold at an average price of $14.52, for a total value 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 transaction 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 value of $2,275,500.00.

Amplitude Price Performance

Shares of NASDAQ:AMPL traded down $0.04 during midday trading on Tuesday, hitting $17.26. The company had a trading volume of 1,132,558 shares, compared to its average volume of 2,121,908. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $17.72. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of -23.01 and a beta of 1.49. The business’s 50-day simple moving average is $14.12 and its 200-day simple moving average is $9.51.

Amplitude (NASDAQ:AMPL) last issued its earnings results 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 during the quarter, compared to analysts’ expectations of $98.16 million. Amplitude had a negative return on equity of 42.62% and a negative net margin of 26.59%. 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, sell-side analysts forecast that Amplitude, Inc. will post -0.66 EPS for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. BTIG Research increased their target price on shares of Amplitude from $13.00 to $17.00 and gave the stock a “buy” rating in a research note on Tuesday, October 20th. Morgan Stanley upped their price target on Amplitude from $12.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. DA Davidson raised their price objective on shares of Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a report on Thursday, August 6th. Piper Sandler boosted their target price on Amplitude from $13.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 30th. Finally, UBS Group boosted their price target on shares of 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 given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $14.30.

Institutional Investors Weigh In On Amplitude

A number of hedge funds have recently added to or reduced their stakes in AMPL. Nisa Investment Advisors LLC lifted its holdings in shares of Amplitude by 169.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,465 shares of the company’s stock valued at $34,000 after buying an additional 1,549 shares during the period. Sterling Capital Management LLC boosted its position in shares of Amplitude by 838.1% in 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 in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Amplitude in the second quarter valued at approximately $48,000. Krilogy Financial LLC acquired a new stake in Amplitude during the 1st quarter valued at $77,000. Finally, Blue Trust Inc. increased its position in Amplitude by 15.8% during the 1st quarter. Blue Trust Inc. now owns 40,204 shares of the company’s stock worth $274,000 after purchasing an additional 5,481 shares in the last quarter. Institutional investors and hedge funds own 73.20% of the company’s stock.

About Amplitude

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.