Key Points
- Amplitude CEO Spenser Skates sold 70,087 shares at an average price of $14.52, generating approximately $1.02 million; he also reported several earlier stock sales.
- AMPL opened at $14.79 and has climbed from a 52-week low of $5.51 to a high of $15.13. The company recently reported quarterly revenue of $100.89 million, ahead of analysts’ $98.16 million estimate, though it remains unprofitable.
- Analysts maintain a generally positive view, with an average “Moderate Buy” rating and a $13.05 price target; recent targets range from $11 to $18.
Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) CEO Spenser Skates sold 70,087 shares of the company's stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $14.52, for a total transaction of $1,017,663.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Spenser Skates also recently made the following trade(s):
- 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 value 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
AMPL stock opened at $14.79 on Wednesday. Amplitude, Inc. has a 1 year low of $5.51 and a 1 year high of $15.13. The firm has a market capitalization of $1.50 billion, a PE ratio of -19.72 and a beta of 1.49. The business has a 50 day simple moving average of $12.77 and a 200-day simple moving average of $9.25.
Amplitude (NASDAQ:AMPL - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, hitting analysts' consensus estimates of ($0.01). The firm had revenue of $100.89 million for the quarter, compared to the consensus estimate 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. On average, equities research analysts expect that Amplitude, Inc. will post -0.66 EPS for the current year.
Institutional Trading of Amplitude
Institutional investors and hedge funds have recently bought and sold shares of the business. Meros Investment Management LP boosted its stake in shares of Amplitude by 12.6% in the fourth quarter. Meros Investment Management LP now owns 861,874 shares of the company's stock valued at $9,981,000 after purchasing an additional 96,779 shares during the period. Gagnon Securities LLC increased its stake in Amplitude by 36.8% during the 4th quarter. Gagnon Securities LLC now owns 698,870 shares of the company's stock worth $8,093,000 after buying an additional 188,139 shares during the period. Squarepoint Ops LLC increased its stake in Amplitude by 43.4% during the 2nd quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company's stock worth $7,816,000 after buying an additional 309,252 shares during the period. Gagnon Advisors LLC lifted its holdings in Amplitude by 29.5% during the 4th quarter. Gagnon Advisors LLC now owns 457,212 shares of the company's stock worth $5,295,000 after buying an additional 104,221 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Amplitude by 368.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company's stock worth $4,213,000 after buying an additional 485,752 shares in the last quarter. 73.20% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts have recently weighed in on AMPL shares. Morgan Stanley boosted their price target on shares of Amplitude from $12.00 to $16.00 and gave the company an "overweight" rating in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, August 11th. BTIG Research lifted their target price on shares of Amplitude from $10.00 to $13.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Piper Sandler boosted their target price on shares of Amplitude from $13.00 to $18.00 and gave the company an "overweight" rating in a report on Wednesday, September 30th. Finally, Citigroup boosted their target price on shares of Amplitude from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Friday, August 7th. One investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $13.05.
Check Out Our Latest Stock Report on Amplitude
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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