Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) Director Eric Vishria sold 3,563 shares of Amplitude stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $12.00, for a total value of $42,756.00. Following the completion of the sale, the director now directly owns 276,208 shares in the company, valued at approximately $3,314,496. The trade was a 1.27 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
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 stock was sold at an average price of $10.18, for a total transaction of $254,500.00.
Amplitude Stock Down 4.3 %
AMPL stock opened at $11.97 on Thursday. Amplitude, Inc. has a twelve month low of $7.37 and a twelve month high of $14.42. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of -17.87 and a beta of 1.34. The business's fifty day simple moving average is $10.98 and its two-hundred day simple moving average is $9.59.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the stock. Intech Investment Management LLC bought a new position in Amplitude in the 3rd quarter worth about $128,000. XTX Topco Ltd purchased a new stake in shares of Amplitude in the second quarter valued at approximately $133,000. Blue Trust Inc. grew its stake in Amplitude by 13.5% in the third quarter. Blue Trust Inc. now owns 19,518 shares of the company's stock worth $174,000 after purchasing an additional 2,324 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Amplitude by 19.1% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,146 shares of the company's stock worth $199,000 after purchasing an additional 3,552 shares during the period. Finally, Quantbot Technologies LP raised its position in Amplitude by 21.5% during the 3rd quarter. Quantbot Technologies LP now owns 24,390 shares of the company's stock valued at $219,000 after purchasing an additional 4,309 shares in the last quarter. Hedge funds and other institutional investors own 73.20% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on AMPL shares. Piper Sandler raised shares of Amplitude from a "neutral" rating to an "overweight" rating and increased their price target for the company from $11.00 to $15.00 in a report on Monday, January 6th. Morgan Stanley upgraded Amplitude from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $10.00 to $11.00 in a report on Monday, January 13th. Robert W. Baird increased their price target on Amplitude from $10.00 to $12.00 and gave the company a "neutral" rating in a report on Friday, November 8th. Scotiabank raised their price target on Amplitude from $10.00 to $12.00 and gave the stock a "sector perform" rating in a research report on Friday, November 8th. Finally, KeyCorp upgraded shares of Amplitude from a "sector weight" rating to an "overweight" rating and set a $15.00 price objective on the stock in a research report on Friday, December 13th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, Amplitude has an average rating of "Hold" and a consensus price target of $12.43.
Read Our Latest Research Report on Amplitude
About Amplitude
(
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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.
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