Key Points
- Amplitude CEO Spenser Skates sold 107,136 shares at an average price of $17.52, generating proceeds of approximately $1.88 million. The sale follows several other disposals totaling more than 259,000 shares since September.
- AMPL opened at $17.26, near its 52-week high of $17.72, with a market capitalization of about $1.75 billion. The company’s latest quarterly results matched the consensus loss estimate while revenue of $100.89 million exceeded expectations.
- Analysts maintain a broadly positive view, with a “Moderate Buy” consensus and an average price target of $14.30; hedge funds and other institutions own approximately 73.2% of the stock.
Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) CEO Spenser Skates sold 107,136 shares of the company's stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of $17.52, for a total value of $1,877,022.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Spenser Skates also recently made the following trade(s):
- 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 value 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 value 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 Stock Performance
NASDAQ AMPL opened at $17.26 on Wednesday. The business's 50 day moving average price is $14.21 and its 200-day moving average price is $9.54. Amplitude, Inc. has a fifty-two week low of $5.51 and a fifty-two week high of $17.72. The company has a market cap of $1.75 billion, a P/E ratio of -23.01 and a beta of 1.49.
Amplitude (NASDAQ:AMPL - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $100.89 million for the quarter, compared to analysts' expectations 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. As a group, equities analysts predict that Amplitude, Inc. will post -0.66 EPS for the current year.
Analyst Ratings Changes
AMPL has been the topic of several recent analyst reports. Raymond James Financial started coverage on shares of Amplitude in a research note on Tuesday, June 30th. They issued a "strong-buy" rating and a $10.00 target price on the stock. DA Davidson raised their target price on shares of Amplitude from $10.00 to $12.50 and gave the stock a "buy" rating in a report on Thursday, August 6th. UBS Group lifted their price target on shares of Amplitude from $8.50 to $13.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Piper Sandler upped their price target 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, Morgan Stanley upped their price target on shares of Amplitude from $12.00 to $16.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Amplitude currently has an average rating of "Moderate Buy" and an average price target of $14.30.
View Our Latest Research Report on AMPL
Institutional Investors Weigh In On Amplitude
Several hedge funds and other institutional investors have recently modified their holdings of the business. Squarepoint Ops LLC lifted its stake in shares of 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 acquiring an additional 309,252 shares during the last quarter. Dimensional Fund Advisors LP boosted 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 valued at $4,213,000 after acquiring an additional 485,752 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in Amplitude during the 1st quarter valued at $3,930,000. Y Intercept Hong Kong Ltd bought a new position in Amplitude in the 1st quarter valued at $3,097,000. Finally, First Trust Advisors LP grew its position in Amplitude by 362.8% in the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company's stock valued at $2,896,000 after acquiring an additional 332,830 shares during the last quarter. 73.20% of the stock is currently owned by hedge funds and other institutional investors.
Amplitude Company Profile
(
Get Free Report)
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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