Amplitude, Inc. (NASDAQ:AMPL) Director Eric Vishria Sells 3,563 Shares

Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) Director Eric Vishria sold 3,563 shares of the firm's stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $12.00, for a total transaction of $42,756.00. Following the completion of the sale, the director now owns 276,208 shares in the company, valued at $3,314,496. This represents a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, December 13th, Eric Vishria sold 6,437 shares of Amplitude stock. The stock was sold at an average price of $12.02, for a total transaction of $77,372.74.
• On Tuesday, November 12th, Eric Vishria sold 25,000 shares of Amplitude stock. The shares were sold at an average price of $10.18, for a total transaction of $254,500.00.

Amplitude Price Performance

Shares of AMPL stock traded up $0.28 during trading hours on Friday, hitting $12.18. 589,486 shares of the company's stock were exchanged, compared to its average volume of 362,642. Amplitude, Inc. has a 52 week low of $7.37 and a 52 week high of $14.42. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of -18.18 and a beta of 1.34. The stock's 50-day moving average is $11.04 and its 200-day moving average is $9.65.

Analysts Set New Price Targets

Several research firms recently issued reports on AMPL. Scotiabank increased their price target on shares of Amplitude from $10.00 to $12.00 and gave the stock a "sector perform" 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 target price for the company in a research report on Friday, December 13th. Piper Sandler raised Amplitude from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $11.00 to $15.00 in a research note on Monday, January 6th. Morgan Stanley upgraded Amplitude from an "underweight" rating to an "equal weight" rating and increased their price objective for the stock from $10.00 to $11.00 in a research note on Monday, January 13th. Finally, Robert W. Baird boosted their target price on shares of Amplitude from $10.00 to $12.00 and gave the company a "neutral" rating in a research note on Friday, November 8th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Amplitude has an average rating of "Hold" and a consensus price target of $12.43.

Institutional Investors Weigh In On Amplitude

A number of hedge funds have recently added to or reduced their stakes in AMPL. Intech Investment Management LLC acquired a new position in shares of Amplitude during the third quarter worth approximately $128,000. XTX Topco Ltd bought a new position in Amplitude in the 2nd quarter valued at $133,000. Blue Trust Inc. increased its stake in shares of Amplitude by 13.5% in the 3rd quarter. Blue Trust Inc. now owns 19,518 shares of the company's stock valued at $174,000 after buying an additional 2,324 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Amplitude by 19.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,146 shares of the company's stock worth $199,000 after acquiring an additional 3,552 shares during the last quarter. Finally, Quantbot Technologies LP lifted its stake in shares of Amplitude by 21.5% during the third quarter. Quantbot Technologies LP now owns 24,390 shares of the company's stock valued at $219,000 after acquiring an additional 4,309 shares during the period. 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.