Insider Selling: Amplitude (NASDAQ:AMPL) Director Sells $50,605.87 in Stock

Amplitude, Inc. (NASDAQ:AMPL) Director Catherine Wong sold 7,453 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $6.79, for a total value of $50,605.87. Following the completion of the sale, the director owned 111,462 shares of the company’s stock, valued at $756,826.98. This trade represents a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Amplitude Price Performance

NASDAQ:AMPL opened at $6.53 on Thursday. The firm has a market capitalization of $678.25 million, a price-to-earnings ratio of -9.75 and a beta of 1.45. Amplitude, Inc. has a one year low of $5.51 and a one year high of $14.49. The business has a fifty day moving average price of $6.84 and a 200-day moving average price of $8.25.

Amplitude (NASDAQ:AMPL) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The company had revenue of $93.49 million during the quarter, compared to analysts’ expectations of $92.95 million. Amplitude had a negative return on equity of 34.98% and a negative net margin of 25.11%.The business’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. On average, equities research analysts expect that Amplitude, Inc. will post -0.59 earnings per share for the current fiscal year.

Amplitude announced that its board has initiated a stock buyback program on Wednesday, February 18th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to purchase up to 11.8% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

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

Analyst Ratings Changes

AMPL has been the subject of a number of analyst reports. Weiss Ratings lowered Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. UBS Group cut their price target on Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Piper Sandler cut their price target on Amplitude from $10.00 to $9.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. KeyCorp cut their price target on Amplitude from $16.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. Finally, DA Davidson cut their price target on Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Nine investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $12.44.

About Amplitude

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.