We'd be surprised if Amplitude, Inc. (NASDAQ:AMPL) shareholders haven't noticed that the President, Thomas Hansen, recently sold US$239k worth of stock at US$12.17 per share. However, the silver lining is that the sale only reduced their total holding by 2.0%, so we're hesitant to read anything much into it, on its own.
View our latest analysis for Amplitude
Amplitude Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the insider, Mitchell Lasky, sold US$1.4m worth of shares at a price of US$18.19 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$12.48). So it may not shed much light on insider confidence at current levels.
Insiders in Amplitude didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
I will like Amplitude better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Insider Ownership Of Amplitude
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Amplitude insiders own 16% of the company, worth about US$224m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Do The Amplitude Insider Transactions Indicate?
Insiders haven't bought Amplitude stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Amplitude. Case in point: We've spotted 4 warning signs for Amplitude you should be aware of, and 1 of these is significant.
Of course Amplitude may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.