Amplitude, Inc. (NASDAQ:AMPL – Get Free Report) CEO Spenser Skates sold 901 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $17.46, for a total transaction of $15,731.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Spenser Skates also recently made the following trade(s):
- On Thursday, November 5th, Spenser Skates sold 61 shares of Amplitude stock. The stock was sold at an average price of $18.12, for a total value of $1,105.32.
- On Wednesday, October 28th, Spenser Skates sold 6,651 shares of Amplitude stock. The stock was sold at an average price of $17.53, for a total value of $116,592.03.
- On Monday, October 26th, Spenser Skates sold 300 shares of Amplitude stock. The shares were sold at an average price of $17.46, for a total value of $5,238.00.
- On Friday, October 23rd, Spenser Skates sold 107,136 shares of Amplitude stock. The shares were sold at an average price of $17.52, for a total value of $1,877,022.72.
- 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 transaction of $1,017,663.24.
- On Thursday, October 1st, Spenser Skates sold 3,539 shares of Amplitude stock. The stock was 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 stock was sold at an average price of $12.30, for a total transaction of $2,275,500.00.
Amplitude Price Performance
NASDAQ:AMPL traded up $0.60 during mid-day trading on Friday, hitting $16.70. 2,412,851 shares of the company’s stock were exchanged, compared to its average volume of 1,788,137. Amplitude, Inc. has a one year low of $5.51 and a one year high of $18.85. The business has a fifty day moving average price of $14.81 and a 200 day moving average price of $9.79. The company has a market cap of $1.69 billion, a PE ratio of -21.97 and a beta of 1.30.
Amplitude (NASDAQ:AMPL – Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. The business had revenue of $110.64 million for the quarter, compared to analysts’ expectations of $107.02 million. On average, equities analysts forecast that Amplitude, Inc. will post -0.66 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on AMPL shares. Wall Street Zen raised Amplitude from a “hold” rating to a “buy” rating in a report on Saturday. Bank of America raised their price target on Amplitude from $14.00 to $16.50 and gave the company a “neutral” rating in a report on Wednesday, October 14th. Needham & Company LLC lifted their price target on Amplitude from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Thursday. DA Davidson upped 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. Finally, Weiss Ratings raised shares of Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $17.64.
Read Our Latest Stock Report on AMPL
Amplitude News Summary
Here are the key news stories impacting Amplitude this week:
- Positive Sentiment: Q3 results beat expectations. Amplitude reported earnings of $0.04 per share versus the $0.03 consensus and revenue of $110.65 million versus estimates of $107.02 million. Reports also highlighted 25% revenue growth and a full-year outlook above expectations—signs of solid business momentum. Q3 earnings results Sales and outlook
- Positive Sentiment: Analysts raised price targets after the report. UBS lifted its target to $22 and maintained a Buy rating; KeyCorp and Piper Sandler also raised targets to $22 with Overweight ratings. Needham raised its target to $21 and BTIG to $19, both with Buy ratings. These revisions suggest analysts see further potential after the results. UBS target increase Analyst forecast changes
- Neutral Sentiment: Citigroup’s view was more cautious. Citi raised its target from $11 to $18 but retained a Neutral rating, implying more limited upside than the higher targets from other firms. Citigroup rating
- Neutral Sentiment: The CEO reported small stock sales. Spenser Skates sold 962 shares across two transactions for about $16,837 in total. The disclosed sales are modest in size and may have limited significance for investors. SEC filing
Institutional Trading of Amplitude
A number of institutional investors have recently made changes to their positions in AMPL. Nisa Investment Advisors LLC raised its holdings in shares of Amplitude by 169.1% during the third quarter. Nisa Investment Advisors LLC now owns 2,465 shares of the company’s stock valued at $34,000 after purchasing an additional 1,549 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in Amplitude by 838.1% in the third quarter. Sterling Capital Management LLC now owns 3,180 shares of the company’s stock worth $44,000 after purchasing an additional 2,841 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in Amplitude in the 2nd quarter worth approximately $48,000. Vise Technologies Inc. grew its position in Amplitude by 6.4% in the 3rd quarter. Vise Technologies Inc. now owns 14,040 shares of the company’s stock worth $194,000 after purchasing an additional 843 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Amplitude in the 3rd quarter worth approximately $337,000. Hedge funds and other institutional investors 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.
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