Amplitude director Schultz sells $85,968 in stock

Published 19/08/2025, 22:56
Amplitude director Schultz sells $85,968 in stock

Director Erica Schultz of Amplitude , Inc. (NASDAQ:AMPL), a $1.52 billion digital analytics company, sold 7,500 shares of Class A Common Stock on August 15, 2025. The shares were sold at an average price of $11.4624, with individual sales prices ranging from $11.3800 to $11.5400, totaling $85,968. According to InvestingPro, the stock has shown notable volatility, with a 52-week range of $7.55 to $14.88.

On the same day, Schultz also exercised options to acquire 7,500 shares of Class A Common Stock at a price of $4.19, for a total value of $31,425. The company maintains a strong balance sheet with more cash than debt and boasts a healthy gross margin of 74%.

Following these transactions, Schultz directly owns 107,406 shares of Amplitude, Inc. Class A Common Stock.

The sale was executed under a pre-arranged 10b5-1 trading plan adopted on March 12, 2025.

In other recent news, Amplitude Inc. reported its second-quarter 2025 earnings, showcasing a significant revenue increase to $83.3 million, surpassing analyst forecasts. Earnings per share remained stable at $0.01, aligning with expectations. Following these results, DA Davidson raised its price target for Amplitude to $16, citing continuous growth in performance obligations and improvements in customer retention. Similarly, Needham increased its price target to $18, highlighting the company’s exceptional net new annual recurring revenue, which rose by 200% year-over-year. Both firms maintained a Buy rating on Amplitude, reflecting confidence in the company’s ongoing performance and strategic advancements. The company’s focus on AI technology was also noted as a strategic advancement during the earnings call. These developments indicate a positive trajectory for Amplitude, as recognized by analysts.

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