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 that occurred on Friday, December 13th. The stock was sold at an average price of $12.02, for a total value of $77,372.74. Following the transaction, the director now directly owns 279,771 shares in the company, valued at $3,362,847.42. The trade was a 2.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 transaction of $254,500.00.

Amplitude Stock Up 1.1 %

Shares of NASDAQ:AMPL opened at $11.89 on Tuesday. Amplitude, Inc. has a 12-month low of $7.37 and a 12-month high of $14.42. The company’s 50 day moving average price is $9.96 and its two-hundred day moving average price is $9.04. The firm has a market cap of $1.12 billion, a PE ratio of -17.75 and a beta of 1.38.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AMPL. Robert W. Baird raised their target price on shares of Amplitude from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Piper Sandler raised their price objective on shares of Amplitude from $9.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. KeyCorp raised Amplitude from a “sector weight” rating to an “overweight” rating and set a $15.00 target price on the stock in a research report on Friday. Finally, Scotiabank lifted their price target on Amplitude from $10.00 to $12.00 and gave the stock a “sector perform” rating in a report on Friday, November 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $11.57.

Institutional Investors Weigh In On Amplitude

Several institutional investors have recently made changes to their positions in AMPL. Quest Partners LLC bought a new position in Amplitude during the 2nd quarter worth $41,000. Principal Financial Group Inc. bought a new position in shares of Amplitude in the second quarter worth $92,000. Intech Investment Management LLC bought a new position in shares of Amplitude in the third quarter worth $128,000. XTX Topco Ltd acquired a new position in Amplitude in the second quarter valued at about $133,000. Finally, MQS Management LLC lifted its position in Amplitude by 69.4% during the second quarter. MQS Management LLC now owns 18,617 shares of the company’s stock worth $166,000 after purchasing an additional 7,625 shares during the period. 73.20% of the stock is currently owned by institutional investors.

About Amplitude

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.