Amplitude (AMPL) CEO Spenser Skates Sells $1.9M of Stock
Key Points
- Spenser Skates, the CEO, sold 107,136 shares at an average price of $17.52, totaling $1,876,958.44.
- Following this sale, Skates no longer holds any shares in the company, cutting his stake by 100%.
- As of October 27, 2026, Amplitude's stock was recently trading around $17.26, slightly below its event close of $17.42.
Since the trade, $AMPL is down 0.9% to date (from the $17.42 close on Oct 23, 2026).
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On October 23, 2026, Spenser Skates, CEO and President of Amplitude, Inc. (AMPL), sold 107,136 shares for approximately $1.88 million. This sale was reported through a Form 4 filing with the SEC. The average sale price was $17.52 per share, while the stock closed at $17.42 on the same day.
Skates no longer holds any shares after this transaction, cutting his stake by 100%. This is a notable move for the company's leadership, as it indicates a complete exit from his position in the company.
AMPL
Amplitude, Inc.
Other Institutional Activity in Amplitude, Inc.
Several other institutional players are also involved with Amplitude. Trigran Investments Inc. increased its holdings by 1,940,683 shares, bringing its total to 2,321,209 shares valued at about $40.1 million. Meanwhile, BAILLIE GIFFORD & CO reduced its stake by 854,481 shares, ending with 1,779,555 shares worth approximately $30.7 million. SC US (TTGP), Ltd. remains steady with 2,798,951 shares, valued at about $48.3 million.
Amplitude, Inc. Stock Down 0.2%
As of October 27, 2026, Amplitude's stock was trading around $17.26, just below the closing price of $17.42 on October 23. The shares are currently above their 50-day moving average by 22.3% and well above their 200-day average by 82.2%. However, they are about 2.6% below the 52-week high of $17.72.
Recent Earnings
Amplitude reported trailing twelve-month revenue of approximately $374.4 million, with a year-over-year revenue growth of 21.2%. However, the company has a negative net margin of 26.6% and a return on equity of -47.9%. The next earnings report is scheduled for November 5, 2026.
Insider Buying and Selling at Amplitude, Inc.
In addition to Skates' recent sale, other insiders have also traded shares recently. On September 10, 2026, Skates sold 185,000 shares at $12.30, and on October 2, 2026, he sold another 70,087 shares at $14.52. Director Catherine Jen Wong sold 7,453 shares on June 12, 2026, for $6.79 per share, while Officer Nathaniel Glenn Crook sold 300,000 shares on September 4, 2026, at a price of $12.99.
Analysts Set New Price Targets
Analysts have maintained their ratings on Amplitude. On October 20, 2026, BTIG maintained a Buy rating with a target price of $17.00. Other firms, including Morgan Stanley and Piper Sandler, have also kept their Overweight ratings with targets of $16.00 and $18.00, respectively. The consensus recommendation is a Buy, with a mean price target of $15.36 based on 11 analyst opinions.
About Amplitude, Inc.
Amplitude, Inc. provides an AI analytics platform that helps businesses analyze customer behavior within their digital products. With its headquarters in San Francisco, California, the company operates in the technology sector, specifically in software applications. This recent insider sale may prompt investors to watch how the market responds to leadership changes and upcoming earnings.
Bottom Line
As Amplitude approaches its next earnings report on November 5, 2026, investors will be keen to see how the company performs amid changes in insider ownership. Skates' complete exit from his position might raise questions about the company's direction, making future filings and reports crucial to watch.
Related Filing Alerts
Source: Spenser Skates's Form 4 filing on $AMPL (Oct 23, 2026). Written by software, not financial advice. How we make alerts