Amplitude (NASDAQ:AMPL) Insider Nathaniel Glenn Crook Sells 300,000 Shares of Stock

Amplitude, Inc. (NASDAQ:AMPL) insider Nathaniel Glenn Crook sold 300,000 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $12.99, for a total value of $3,897,000.00. Following the transaction, the insider directly owned 1,622,696 shares of the company’s stock, valued at $21,078,821.04. This trade represents a 15.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amplitude Stock Down 1.0%

NASDAQ:AMPL opened at $12.39 on Thursday. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of -16.52 and a beta of 1.50. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $14.76. The stock’s 50 day moving average price is $11.04 and its two-hundred day moving average price is $8.40.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting 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 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, analysts anticipate that Amplitude, Inc. will post -0.63 earnings per share for the current year.

Hedge Funds Weigh In On Amplitude

Several large investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Amplitude by 2.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,739 shares of the company’s stock worth $592,000 after buying an additional 1,340 shares during the period. ProShare Advisors LLC raised its holdings in Amplitude by 10.5% in the 4th quarter. ProShare Advisors LLC now owns 16,880 shares of the company’s stock valued at $195,000 after acquiring an additional 1,600 shares during the period. HighTower Advisors LLC raised its holdings in Amplitude by 4.4% in the 4th quarter. HighTower Advisors LLC now owns 37,791 shares of the company’s stock valued at $438,000 after acquiring an additional 1,607 shares during the period. Osaic Holdings Inc. lifted its position in Amplitude by 57.8% during the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock worth $64,000 after acquiring an additional 1,879 shares during the last quarter. Finally, Landscape Capital Management L.L.C. lifted its position in Amplitude by 7.5% during the fourth quarter. Landscape Capital Management L.L.C. now owns 30,386 shares of the company’s stock worth $352,000 after acquiring an additional 2,132 shares during the last quarter. 73.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AMPL has been the subject of a number of analyst reports. Weiss Ratings raised shares of Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, August 11th. UBS Group raised their target price on shares of Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. DA Davidson lifted their price target on Amplitude from $10.00 to $12.50 and gave the stock a “buy” rating in a report on Thursday, August 6th. Piper Sandler boosted their price target on Amplitude from $11.00 to $13.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, Morgan Stanley upped 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. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $12.55.

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.