Amplitude (NASDAQ:AMPL) CEO Spenser Skates Sells 6,651 Shares of Company Stock

Amplitude, Inc. (NASDAQ:AMPL) CEO Spenser Skates sold 6,651 shares of the stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $17.53, for a total transaction of $116,592.03. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Monday, October 26th, Spenser Skates sold 300 shares of Amplitude stock. The stock was sold at an average price of $17.46, for a total transaction 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 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 value of $2,275,500.00.

Amplitude Trading Up 1.0%

Shares of Amplitude stock opened at $17.44 on Thursday. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $17.84. The company has a fifty day moving average price of $14.31 and a 200 day moving average price of $9.57. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of -23.25 and a beta of 1.49.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). Amplitude had a negative return on equity of 42.62% and a negative net margin of 26.59%. The company had revenue of $100.89 million during 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. Analysts forecast that Amplitude, Inc. will post -0.66 earnings per share for the current year.

Hedge Funds Weigh In On Amplitude

A number of hedge funds have recently modified their holdings of AMPL. Squarepoint Ops LLC boosted its stake in Amplitude by 43.4% in the 2nd quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company’s stock valued at $7,816,000 after buying an additional 309,252 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Amplitude by 368.1% during the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock worth $4,213,000 after acquiring an additional 485,752 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Amplitude during the first quarter worth $3,930,000. Y Intercept Hong Kong Ltd bought a new position in shares of Amplitude during the first quarter valued at $3,097,000. Finally, First Trust Advisors LP lifted its holdings in shares of Amplitude by 362.8% during the first 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 period. 73.20% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Amplitude

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Amplitude and Netyear co-hosted a roundtable focused on customer strategy in the artificial-intelligence era. The event highlights Amplitude’s positioning in AI-driven product analytics, although it does not represent a material near-term financial announcement. Next-Generation Customer Strategy as Envisioned by Leaders in the AI Era
• Neutral Sentiment: Analyst sentiment remains generally constructive, with a “Moderate Buy” consensus and several price-target increases in recent months. At the same time, the reported average target of roughly $14.30 is below the current trading range, which could limit additional upside unless estimates are raised.
• Negative Sentiment: Multiple reports say customer contact information connected to Coinbase was exposed in a security incident involving Amplitude. Coinbase said its own systems, passwords, funds and sensitive financial data were not compromised, but the episode could increase scrutiny of Amplitude’s security controls, create reputational damage and raise customer-retention or compliance concerns. Coinbase Customer Data Hit in Analytics Vendor Breach
• Negative Sentiment: CEO Spenser Skates disclosed sales totaling approximately 114,000 Amplitude shares for about $2.0 million, including 107,136 shares sold at an average of $17.52 and smaller sales at approximately $17.46-$17.53. Insider selling is not necessarily an indication of deteriorating fundamentals, but the size and timing may weigh on sentiment after the stock’s substantial rally. Amplitude CEO Insider Sales

Analyst Upgrades and Downgrades

Several analysts have 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. Bank of America lifted their price target on shares of Amplitude from $14.00 to $16.50 and gave the stock a “neutral” rating in a research note on Wednesday, October 14th. BTIG Research boosted their price target on shares of Amplitude from $13.00 to $17.00 and gave the company a “buy” rating in a report on Tuesday, October 20th. DA Davidson increased their price objective on shares of Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Morgan Stanley raised their price objective on shares of Amplitude from $12.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $14.30.

About Amplitude

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.