Key Points
- On Nov. 17 director Erica Schultz sold 10,000 shares at $10.23 for $102,300, reducing her holding by 8.52% to 107,406 shares; she also sold 10,000-share blocks in October and September, indicating continued insider selling.
- Amplitude shares trade near $10.05 with a market cap of $1.34B and a 52-week range of $7.55–$14.88; the company beat quarterly EPS and revenue estimates with 17.8% YoY revenue growth but remains unprofitable with negative margins and a negative PE.
- Analysts collectively assign a Moderate Buy consensus with an average price target of $14.40, reflecting a mix of buy, hold and sell ratings.
Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) Director Erica Schultz sold 10,000 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $10.23, for a total transaction of $102,300.00. Following the sale, the director directly owned 107,406 shares of the company's stock, valued at approximately $1,098,763.38. This trade represents a 8.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Erica Schultz also recently made the following trade(s):
- On Wednesday, October 15th, Erica Schultz sold 10,000 shares of Amplitude stock. The stock was sold at an average price of $10.12, for a total transaction of $101,200.00.
- On Monday, September 15th, Erica Schultz sold 10,000 shares of Amplitude stock. The stock was sold at an average price of $11.06, for a total transaction of $110,600.00.
Amplitude Stock Performance
Shares of NASDAQ AMPL traded up $0.23 during midday trading on Thursday, reaching $10.05. 127,995 shares of the company's stock were exchanged, compared to its average volume of 1,311,567. Amplitude, Inc. has a 52-week low of $7.55 and a 52-week high of $14.88. The business's fifty day moving average price is $10.49 and its two-hundred day moving average price is $11.44. The stock has a market capitalization of $1.34 billion, a PE ratio of -12.56 and a beta of 1.51.
Amplitude (NASDAQ:AMPL - Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.01. The firm had revenue of $88.56 million during the quarter, compared to analyst estimates of $86.29 million. Amplitude had a negative return on equity of 36.27% and a negative net margin of 31.36%.Amplitude's quarterly revenue was up 17.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.03 EPS. Amplitude has set its FY 2025 guidance at 0.060-0.08 EPS. Q4 2025 guidance at 0.040-0.05 EPS. Analysts predict that Amplitude, Inc. will post -0.62 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Amplitude
Institutional investors have recently added to or reduced their stakes in the company. Quarry LP acquired a new position in shares of Amplitude during the 3rd quarter valued at $32,000. State of Alaska Department of Revenue acquired a new stake in Amplitude in the 3rd quarter valued at about $48,000. Osaic Holdings Inc. grew its stake in shares of Amplitude by 57.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,132 shares of the company's stock worth $64,000 after purchasing an additional 1,879 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in Amplitude by 33.3% during the first quarter. Russell Investments Group Ltd. now owns 5,818 shares of the company's stock valued at $59,000 after purchasing an additional 1,455 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in Amplitude by 86.5% during the second quarter. Tower Research Capital LLC TRC now owns 10,477 shares of the company's stock worth $130,000 after buying an additional 4,858 shares in the last quarter. 73.20% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the stock. Weiss Ratings restated a "sell (e+)" rating on shares of Amplitude in a research note on Wednesday, October 8th. Needham & Company LLC upped their price objective on Amplitude from $16.00 to $18.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. Piper Sandler reiterated an "overweight" rating and issued a $16.00 target price on shares of Amplitude in a research report on Thursday, November 6th. UBS Group upgraded Amplitude from a "neutral" rating to a "buy" rating and set a $13.00 price objective on the stock in a research note on Friday, October 31st. Finally, Robert W. Baird lowered their target price on shares of Amplitude from $16.00 to $14.00 and set an "outperform" rating for the company in a research note on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $14.40.
View Our Latest Research Report on Amplitude
Amplitude Company Profile
(
Get Free Report)
Amplitude, Inc, together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes.
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