Amplitude (NASDAQ:AMPL) Stock: Insider Spenser Skates Sells 901 Shares

November 7, 2026 by InsiderTrades.com

Key Points

CEO Spenser Skates sold 901 Amplitude shares on November 4 at an average price of $17.46, for proceeds of about $15,731; he also sold 61 shares the following day.
Amplitude’s latest quarter beat estimates, reporting EPS of $0.04 versus $0.03 expected and revenue of about $110.6 million versus $107.0 million expected.
Several analysts raised price targets after the results, including KeyCorp to $22 and Needham to $21; the stock rose 3.7% on Friday to $16.70.

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) CEO Spenser Skates sold 901 shares of the company's stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $17.46, for a total value of $15,731.46. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Is Amplitude an AI Sleeper Stock in the Making for 2025?

Spenser Skates also recently made the following trade(s):

On Thursday, November 5th, Spenser Skates sold 61 shares of Amplitude stock. The shares were sold at an average price of $18.12, for a total value of $1,105.32.
On Wednesday, October 28th, Spenser Skates sold 6,651 shares of Amplitude stock. The stock was sold at an average price of $17.53, for a total value of $116,592.03.
On Monday, October 26th, Spenser Skates sold 300 shares of Amplitude stock. The shares were sold at an average price of $17.46, for a total value of $5,238.00.
On Friday, October 23rd, Spenser Skates sold 107,136 shares of Amplitude stock. The shares were sold at an average price of $17.52, for a total transaction of $1,877,022.72.
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 transaction 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 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 transaction 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 transaction of $2,275,500.00.

Amplitude Trading Up 3.7%

NASDAQ AMPL traded up $0.60 during trading hours on Friday, hitting $16.70. 2,412,851 shares of the company's stock traded hands, compared to its average volume of 1,788,137. Amplitude, Inc. has a 52 week low of $5.51 and a 52 week high of $18.85. The firm has a market capitalization of $1.69 billion, a P/E ratio of -21.97 and a beta of 1.30. The business's fifty day moving average price is $14.81 and its two-hundred day moving average price is $9.79.

Amplitude (NASDAQ:AMPL - Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. The business had revenue of $110.64 million for the quarter, compared to the consensus estimate of $107.02 million. Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. On average, sell-side analysts expect that Amplitude, Inc. will post -0.66 EPS for the current fiscal year.

Hedge Funds Weigh In On Amplitude

Large investors have recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership bought a new position in shares of Amplitude in the first quarter worth about $3,930,000. Dimensional Fund Advisors LP raised its stake 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 purchasing an additional 485,752 shares during the period. Quantinno Capital Management LP lifted its holdings in Amplitude by 1,683.8% in the 1st quarter. Quantinno Capital Management LP now owns 370,515 shares of the company's stock worth $2,527,000 after purchasing an additional 349,744 shares in the last quarter. First Trust Advisors LP lifted its holdings in Amplitude by 362.8% in the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company's stock worth $2,896,000 after purchasing an additional 332,830 shares in the last quarter. Finally, Madison Asset Management LLC bought a new position in Amplitude in the 2nd quarter worth approximately $2,390,000. 73.20% of the stock is currently owned by hedge funds and other institutional investors.

More Amplitude News

Here are the key news stories impacting Amplitude this week:

Positive Sentiment: Q3 results beat expectations. Amplitude reported earnings of $0.04 per share versus the $0.03 consensus and revenue of $110.65 million versus estimates of $107.02 million. Reports also highlighted 25% revenue growth and a full-year outlook above expectations—signs of solid business momentum. Q3 earnings results Sales and outlook
Positive Sentiment: Analysts raised price targets after the report. UBS lifted its target to $22 and maintained a Buy rating; KeyCorp and Piper Sandler also raised targets to $22 with Overweight ratings. Needham raised its target to $21 and BTIG to $19, both with Buy ratings. These revisions suggest analysts see further potential after the results. UBS target increase Analyst forecast changes
Neutral Sentiment: Citigroup’s view was more cautious. Citi raised its target from $11 to $18 but retained a Neutral rating, implying more limited upside than the higher targets from other firms. Citigroup rating
Neutral Sentiment: The CEO reported small stock sales. Spenser Skates sold 962 shares across two transactions for about $16,837 in total. The disclosed sales are modest in size and may have limited significance for investors. SEC filing

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Weiss Ratings raised Amplitude from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday, August 11th. BTIG Research raised their price objective on Amplitude from $17.00 to $19.00 and gave the stock a "buy" rating in a research note on Thursday. Needham & Company LLC raised their price objective on Amplitude from $18.00 to $21.00 and gave the stock a "buy" rating in a research note on Thursday. Citigroup boosted their price objective on Amplitude from $11.00 to $18.00 and gave the company a "neutral" rating in a research note on Friday. Finally, KeyCorp increased their target price on shares of Amplitude from $14.00 to $22.00 and gave the stock an "overweight" rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $17.64.

View Our Latest Report on Amplitude

About Amplitude

(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.