Amplitude (NASDAQ:AMPL) CEO Spenser Skates Sells 107,136 Shares of Company Stock

Amplitude, Inc. (NASDAQ:AMPL) CEO Spenser Skates sold 107,136 shares of the business’s stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $17.52, for a total value of $1,877,022.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 transaction of $1,017,663.24.
• 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 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 stock was sold at an average price of $12.30, for a total transaction of $2,275,500.00.

Amplitude Stock Performance

Shares of NASDAQ:AMPL opened at $17.26 on Wednesday. The firm has a fifty day moving average price of $14.21 and a 200 day moving average price of $9.54. Amplitude, Inc. has a fifty-two week low of $5.51 and a fifty-two week high of $17.72. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of -23.01 and a beta of 1.49.

Amplitude (NASDAQ:AMPL) last announced its quarterly 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 company 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. As a group, research analysts predict that Amplitude, Inc. will post -0.66 earnings per share for the current year.

Hedge Funds Weigh In On Amplitude

Institutional investors have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership bought a new stake in shares of Amplitude in the 1st quarter worth about $3,930,000. Dimensional Fund Advisors LP raised its position in shares of 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 buying an additional 485,752 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Amplitude during the 1st quarter valued at about $3,097,000. Quantinno Capital Management LP raised its position in shares of Amplitude by 1,683.8% during the 1st quarter. Quantinno Capital Management LP now owns 370,515 shares of the company’s stock valued at $2,527,000 after buying an additional 349,744 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of Amplitude by 362.8% during the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock valued at $2,896,000 after buying an additional 332,830 shares in the last quarter. Institutional investors own 73.20% of the company’s stock.

Analysts Set New Price Targets

AMPL has been the topic of several research reports. DA Davidson lifted their target price on Amplitude from $10.00 to $12.50 and gave the stock a “buy” rating in a report on Thursday, August 6th. UBS Group increased their price target on Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Bank of America raised their price target on Amplitude from $14.00 to $16.50 and gave the company a “neutral” rating in a report on Wednesday, October 14th. Piper Sandler raised their price target on Amplitude from $13.00 to $18.00 and gave the company an “overweight” rating in a report on Wednesday, September 30th. Finally, Citigroup lifted their price objective on Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.30.

Amplitude Company Profile

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.