Key Points
- CEO Spenser Skates sold 1,374 Amplitude shares at an average price of $14.45, totaling $19,854.30. The sale follows larger transactions, including 185,000 shares sold for $2.28 million in September.
- Amplitude shares opened at $14.52, near their 12-month high of $14.76, with a market capitalization of approximately $1.47 billion.
- Analysts maintain a generally positive outlook, giving Amplitude a consensus “Moderate Buy” rating and an average price target of $13.05, while institutional investors own 73.2% of the company.
Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) CEO Spenser Skates sold 1,374 shares of the business's stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $14.45, for a total transaction of $19,854.30. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Spenser Skates also recently made the following trade(s):
- 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 value of $51,138.55.
- 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 Stock Up 1.5%
Shares of AMPL stock opened at $14.52 on Friday. The business has a fifty day simple moving average of $12.52 and a 200 day simple moving average of $9.12. The company has a market cap of $1.47 billion, a P/E ratio of -19.36 and a beta of 1.49. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $14.76.
Amplitude (NASDAQ:AMPL - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.01). The firm had revenue of $100.89 million for 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, equities research analysts anticipate that Amplitude, Inc. will post -0.66 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts have weighed in on AMPL shares. DA Davidson raised their target price on shares of Amplitude from $10.00 to $12.50 and gave the company a "buy" rating in a research report on Thursday, August 6th. Citigroup increased their price target on Amplitude from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Raymond James Financial began coverage on Amplitude in a report on Tuesday, June 30th. They set a "strong-buy" rating and a $10.00 price objective on the stock. BTIG Research boosted their price objective on Amplitude from $10.00 to $13.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, Piper Sandler boosted their price objective on Amplitude from $13.00 to $18.00 and gave the stock an "overweight" rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $13.05.
Check Out Our Latest Report on Amplitude
Hedge Funds Weigh In On Amplitude
Large investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC acquired a new position in shares of Amplitude during the second quarter worth $48,000. Squarepoint Ops LLC increased its holdings in Amplitude by 43.4% in the second quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company's stock valued at $7,816,000 after purchasing an additional 309,252 shares during the period. Corient Private Wealth LP increased its holdings in Amplitude by 982.2% in the second quarter. Corient Private Wealth LP now owns 178,613 shares of the company's stock valued at $1,366,000 after purchasing an additional 162,109 shares during the period. Madison Asset Management LLC bought a new position in Amplitude during the 2nd quarter worth $2,390,000. Finally, Bank of New York Mellon Corp bought a new position in Amplitude during the 2nd quarter worth $2,204,000. Institutional investors own 73.20% of the company's stock.
About Amplitude
(
Get Free Report)
Amplitude, Inc is a software company that provides a digital analytics platform designed to help organizations understand and improve digital products and customer experiences. Its platform enables businesses to collect, analyze and visualize behavioral data from websites, mobile applications and other digital services.
The company's product offerings include product analytics, session replay, experimentation and data management capabilities. These tools help product, marketing and engineering teams track user journeys, identify engagement trends, evaluate changes and make data-informed decisions throughout the product development and customer lifecycle.
Amplitude was founded in 2012 by Spenser Skates, Curtis Liu and Jeffrey Wang and is headquartered in San Francisco, California.
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