Insider Selling: Amplitude (NASDAQ:AMPL) Insider Sells $3,897,000.00 in Stock

Amplitude, Inc. (NASDAQ:AMPL) insider Nathaniel Glenn Crook sold 300,000 shares of the firm’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $12.99, for a total value of $3,897,000.00. Following the completion of the transaction, the insider owned 1,622,696 shares of the company’s stock, valued at approximately $21,078,821.04. This represents a 15.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amplitude Stock Up 1.0%

Shares of AMPL opened at $12.59 on Friday. The business’s 50-day moving average price is $11.19 and its 200-day moving average price is $8.47. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $14.76. The stock has a market cap of $1.27 billion, a PE ratio of -16.79 and a beta of 1.50.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). The company had revenue of $100.89 million during the quarter, compared to analyst estimates of $98.16 million. Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. 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 expect that Amplitude, Inc. will post -0.63 earnings per share for the current fiscal year.

Institutional Trading of Amplitude

A number of hedge funds have recently made changes to their positions in AMPL. Quarry LP purchased a new position in Amplitude in the third quarter worth $32,000. Integrated Wealth Concepts LLC purchased a new stake in Amplitude during the second quarter valued at about $48,000. Osaic Holdings Inc. raised its position in Amplitude by 57.8% during the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after purchasing an additional 1,879 shares in the last quarter. Krilogy Financial LLC bought a new stake in Amplitude during the first quarter worth about $77,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in Amplitude during the third quarter worth about $113,000. 73.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Raymond James Financial assumed coverage on shares of Amplitude in a report on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 price target on the stock. Morgan Stanley lifted their price objective on Amplitude from $12.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Piper Sandler boosted their target price on Amplitude from $11.00 to $13.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Citigroup upped their target price on Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, DA Davidson lifted their price target on Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Amplitude presently has a consensus rating of “Moderate Buy” and an average target price of $12.55.

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.