Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Amplitude Inc shares valued at $42,756 were sold by Vishria Eric on Jan 28 ’25. At $12.00 per share, Vishria Eric sold 3,563 shares. The insider’s holdings dropped to 276,208 shares worth approximately $3.4 million following the completion of this transaction.
Also, Vishria Eric sold 6,437 shares, netting a total of over 77,353 in proceeds. Following the sale of shares at $12.02 each, the insider now holds 279,771 shares.
Before that, THE VISHRIA REVOCABLE TRUST had added 10,000 shares to its account. In a trade valued at $113,900, the Director bought Amplitude Inc shares for $11.39 each.
As published in a research note from Morgan Stanley on January 13, 2025, Amplitude Inc [AMPL] has been rated up from an Underweight to an Equal-weight and the price target has been revised to $11 from $10. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early January. As of December 13, 2024, KeyBanc Capital Markets has increased its “Sector weight” rating to a “an Overweight” for AMPL. Earlier on March 21, 2024, KeyBanc Capital Markets initiated its rating. Their recommendation was “a Sector weight” for AMPL stock.
Analyzing AMPL Stock Performance
During the last five days, there has been a surge of approximately 2.76%. Over the course of the year, Amplitude Inc shares have jumped approximately 16.59%. Shares of the company reached a 52-week high of $12.70 on 01/28/25 and a 52-week low of $10.05 on 01/10/25. A 50-day SMA is recorded $11.14, while a 200-day SMA reached $9.47. Nevertheless, trading volume fell to 0.86 million shares from 0.44 million shares the previous day.
Support And Resistance Levels for Amplitude Inc (AMPL)
According to the 24-hour chart, there is a support level at 11.94, which, if violated, would cause prices to drop to 11.57. In the upper region, resistance lies at 12.50. The next price resistance is at 12.69. RSI (Relative Strength Index) is 60.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.71, which suggests the price will decrease in the coming days. Percent R is at 18.60%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
