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 owns 279,771 shares in the company, valued at approximately $3,362,847.42. This represents a 2.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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 value of $254,500.00.

Amplitude Price Performance

Shares of NASDAQ:AMPL traded up $0.13 during trading on Monday, reaching $11.89. 413,163 shares of the company’s stock traded hands, compared to its average volume of 508,557. Amplitude, Inc. has a 12 month low of $7.37 and a 12 month high of $14.42. The company has a 50 day moving average of $9.89 and a 200-day moving average of $9.02. The stock has a market capitalization of $1.12 billion, a P/E ratio of -17.55 and a beta of 1.38.

Analyst Ratings Changes

Several equities analysts have commented on AMPL shares. Robert W. Baird boosted their price target 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 upped 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. Scotiabank upped their target price on shares of Amplitude from $10.00 to $12.00 and gave the company a “sector perform” rating in a 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 for the company in a research report on Friday. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $11.57.

Institutional Trading of Amplitude

A number of institutional investors have recently made changes to their positions in AMPL. Blue Trust Inc. increased its stake in 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. Arizona State Retirement System boosted its holdings in shares of Amplitude by 14.4% during the 2nd quarter. Arizona State Retirement System now owns 21,037 shares of the company’s stock worth $187,000 after buying an additional 2,642 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Amplitude by 19.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,146 shares of the company’s stock valued at $199,000 after purchasing an additional 3,552 shares during the period. Quantbot Technologies LP boosted its holdings in Amplitude by 21.5% in 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 during the period. Finally, Quest Partners LLC bought a new stake in Amplitude in the 2nd quarter valued at $41,000. 73.20% of the stock is owned by institutional investors and hedge funds.

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.