Eric Vishria Sells 6,437 Shares of Amplitude, Inc. (NASDAQ:AMPL) Stock

Amplitude, Inc. (NASDAQ:AMPL) Director Eric Vishria sold 6,437 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $12.02, for a total value of $77,372.74. Following the completion of the sale, the director now owns 279,771 shares in the company, valued at approximately $3,362,847.42. The trade was a 2.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Eric Vishria also recently made the following trade(s):

• On Tuesday, November 12th, Eric Vishria sold 25,000 shares of Amplitude stock. The stock was sold at an average price of $10.18, for a total value of $254,500.00.

Amplitude Trading Down 1.8 %

Shares of NASDAQ AMPL opened at $11.68 on Wednesday. The business has a 50-day moving average of $10.02 and a 200-day moving average of $9.05. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of -17.43 and a beta of 1.38. Amplitude, Inc. has a 12 month low of $7.37 and a 12 month high of $14.42.

Analysts Set New Price Targets

AMPL has been the topic of several recent research reports. Robert W. Baird increased their target price on shares of Amplitude from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. KeyCorp upgraded Amplitude from a “sector weight” rating to an “overweight” rating and set a $15.00 price target on the stock in a research report on Friday, December 13th. Scotiabank raised their price objective on shares of Amplitude from $10.00 to $12.00 and gave the company a “sector perform” rating in a research report on Friday, November 8th. Finally, Piper Sandler boosted their price objective on shares of Amplitude from $9.00 to $11.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Amplitude has a consensus rating of “Hold” and a consensus target price of $11.57.

Hedge Funds Weigh In On Amplitude

Institutional investors have recently made changes to their positions in the stock. Quest Partners LLC purchased a new stake in Amplitude during the second quarter valued at about $41,000. Principal Financial Group Inc. bought a new stake in Amplitude in the 2nd quarter worth approximately $92,000. Intech Investment Management LLC bought a new stake in Amplitude in the 3rd quarter worth approximately $128,000. XTX Topco Ltd purchased a new stake in Amplitude in the second quarter worth approximately $133,000. Finally, MQS Management LLC grew its position in Amplitude by 69.4% during the second quarter. MQS Management LLC now owns 18,617 shares of the company’s stock valued at $166,000 after acquiring an additional 7,625 shares during the last quarter. Institutional investors own 73.20% of the company’s stock.

Amplitude Company Profile

Amplitude, Inc, together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes.