Amplitude (NASDAQ:AMPL) CTO Sells $178,274.03 in Stock

Amplitude, Inc. (NASDAQ:AMPL) CTO Curtis Liu sold 22,201 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $8.03, for a total transaction of $178,274.03. Following the completion of the sale, the chief technology officer directly owned 1,004,779 shares of the company’s stock, valued at approximately $8,068,375.37. This trade represents a 2.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Curtis Liu also recently made the following trade(s):

• On Monday, May 4th, Curtis Liu sold 17,586 shares of Amplitude stock. The shares were sold at an average price of $8.12, for a total transaction of $142,798.32.

Amplitude Price Performance

Amplitude stock opened at $7.66 on Friday. The firm has a 50 day simple moving average of $6.83 and a 200-day simple moving average of $8.44. Amplitude, Inc. has a 1-year low of $5.51 and a 1-year high of $14.49. The stock has a market cap of $795.62 million, a price-to-earnings ratio of -11.43 and a beta of 1.45.

Amplitude (NASDAQ:AMPL) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The firm had revenue of $93.49 million during the quarter, compared to analysts’ expectations of $92.95 million. Amplitude’s revenue for the quarter was up 16.9% on a year-over-year basis. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. Equities analysts expect that Amplitude, Inc. will post -0.59 earnings per share for the current fiscal year.

Amplitude announced that its board has authorized a stock repurchase plan on Wednesday, February 18th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to reacquire up to 11.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. DA Davidson dropped their price target on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Bank of America reaffirmed a “neutral” rating and set a $8.00 price objective (down from $10.00) on shares of Amplitude in a research report on Thursday, May 7th. KeyCorp lowered their price objective on shares of Amplitude from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. BTIG Research lowered their price objective on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Finally, Weiss Ratings cut shares of Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. Nine equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Amplitude presently has an average rating of “Moderate Buy” and an average price target of $12.44.

Hedge Funds Weigh In On Amplitude

Hedge funds have recently made changes to their positions in the stock. UBS Group AG lifted its holdings in Amplitude by 173.8% during the 4th quarter. UBS Group AG now owns 544,805 shares of the company’s stock worth $6,309,000 after buying an additional 345,813 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Amplitude by 2.6% during the 3rd quarter. Vanguard Group Inc. now owns 9,891,218 shares of the company’s stock worth $106,034,000 after buying an additional 252,646 shares in the last quarter. TimesSquare Capital Management LLC lifted its holdings in Amplitude by 22.9% during the 4th quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock worth $29,105,000 after buying an additional 468,418 shares in the last quarter. Neuberger Berman Group LLC acquired a new stake in Amplitude during the 3rd quarter worth approximately $4,573,000. Finally, ArrowMark Colorado Holdings LLC lifted its holdings in Amplitude by 25.8% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,585,582 shares of the company’s stock worth $16,997,000 after buying an additional 324,985 shares in the last quarter. Hedge funds and other institutional investors own 73.20% of the company’s stock.

Amplitude Company Profile

Amplitude, Inc is a software company specializing in digital analytics and product intelligence solutions for businesses seeking to optimize user engagement and drive growth. Its core offering, the Amplitude Analytics platform, enables customers to collect and analyze behavioral data from web and mobile applications in real time. The platform provides advanced segmentation, funnel analysis, retention tracking and pathfinding tools that help product, marketing and data teams understand user journeys, identify friction points and measure the impact of new features.

Founded in 2012 by Spenser Skates, Curtis Liu and Jeffrey Wang, Amplitude is headquartered in Redwood City, California, with additional offices spanning North America, Europe and Asia.