Key Points
- Insider Nathaniel Glenn Crook sold 300,000 Amplitude shares at an average price of $12.99, generating approximately $3.9 million. The transaction reduced his stake by 15.6% and was conducted under a pre-arranged Rule 10b5-1 plan.
- Amplitude reported quarterly revenue of $100.89 million, exceeding analysts’ $98.16 million estimate, while adjusted EPS of ($0.01) matched expectations. The company remains unprofitable, with a negative net margin of 26.59%.
- Institutional investors own 73.2% of Amplitude, and several analysts recently raised their price targets. The stock has a “Moderate Buy” consensus rating and an average target price of $12.55.
Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) insider Nathaniel Glenn Crook sold 300,000 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $12.99, for a total value of $3,897,000.00. Following the transaction, the insider owned 1,622,696 shares in the company, valued at $21,078,821.04. The trade was a 15.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amplitude Stock Performance
AMPL stock opened at $12.39 on Thursday. Amplitude, Inc. has a 52 week low of $5.51 and a 52 week high of $14.76. The company has a market capitalization of $1.25 billion, a PE ratio of -16.52 and a beta of 1.50. The company's 50-day simple moving average is $11.04 and its 200 day simple moving average is $8.40.
Amplitude (NASDAQ:AMPL - Get Free Report) 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 firm had revenue of $100.89 million during the quarter, compared to the consensus estimate 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. On average, analysts forecast that Amplitude, Inc. will post -0.63 EPS for the current year.
Institutional Trading of Amplitude
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. grew its position in shares of Amplitude by 2,126.0% in the 2nd quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company's stock valued at $51,590,000 after buying an additional 3,973,575 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Amplitude by 783.5% during the third quarter. Wellington Management Group LLP now owns 2,026,598 shares of the company's stock worth $21,725,000 after acquiring an additional 1,797,228 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Amplitude by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company's stock worth $125,360,000 after acquiring an additional 934,350 shares during the period. California State Teachers Retirement System lifted its stake in shares of Amplitude by 716.4% in the second quarter. California State Teachers Retirement System now owns 718,037 shares of the company's stock worth $5,493,000 after acquiring an additional 630,086 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Amplitude in the first quarter valued at approximately $3,930,000. 73.20% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts recently issued reports on AMPL shares. DA Davidson increased their price target on shares of Amplitude from $10.00 to $12.50 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Piper Sandler increased their target price on Amplitude from $11.00 to $13.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. BTIG Research lifted their price target on Amplitude from $10.00 to $13.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Citigroup boosted their price target on Amplitude from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. Finally, Weiss Ratings raised Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Tuesday, August 11th. One 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 given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $12.55.
Read Our Latest Report on Amplitude
About Amplitude
(
Get Free Report)
Amplitude, Inc is a software company specializing in digital analytics and product intelligence solutions for businesses seeking to optimize user engagement and drive growth. Its core offering, the Amplitude Analytics platform, enables customers to collect and analyze behavioral data from web and mobile applications in real time. The platform provides advanced segmentation, funnel analysis, retention tracking and pathfinding tools that help product, marketing and data teams understand user journeys, identify friction points and measure the impact of new features.
Founded in 2012 by Spenser Skates, Curtis Liu and Jeffrey Wang, Amplitude is headquartered in Redwood City, California, with additional offices spanning North America, Europe and Asia.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
