Amplitude (NASDAQ:AMPL) Trading 8.5% Higher – Time to Buy?

Shares of Amplitude, Inc. (NASDAQ:AMPL) were up 8.5% on Friday . The stock traded as high as $7.34 and last traded at $7.3350. Approximately 488,695 shares changed hands during trading, a decline of 78% from the average daily volume of 2,194,122 shares. The stock had previously closed at $6.76.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AMPL. Piper Sandler reduced their target price on shares of Amplitude from $10.00 to $9.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Bank of America reiterated a “neutral” rating and issued a $8.00 price objective (down from $10.00) on shares of Amplitude in a research note on Thursday, May 7th. Finally, Weiss Ratings downgraded shares of Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. Nine investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Amplitude currently has an average rating of “Moderate Buy” and a consensus price target of $12.44.

Amplitude Stock Up 7.9%

The firm has a market capitalization of $757.73 million, a P/E ratio of -10.89 and a beta of 1.45. The business’s 50 day moving average is $6.90 and its 200-day moving average is $8.09.

Amplitude (NASDAQ:AMPL) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The business had revenue of $93.49 million during the quarter, compared to the consensus estimate of $92.95 million. The company’s revenue for the quarter was up 16.9% on a year-over-year basis. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. Research analysts forecast that Amplitude, Inc. will post -0.59 EPS for the current fiscal year.

Insider Activity at Amplitude

In related news, Director Catherine Wong sold 7,453 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $6.79, for a total value of $50,605.87. Following the completion of the sale, the director directly owned 111,462 shares in the company, valued at $756,826.98. This represents a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Curtis Liu sold 22,201 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $8.03, for a total value of $178,274.03. Following the transaction, the chief technology officer owned 1,004,779 shares of the company’s stock, valued at $8,068,375.37. This trade represents a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 47,240 shares of company stock valued at $371,678 in the last ninety days. 21.59% of the stock is currently owned by insiders.

Institutional Trading of Amplitude

A number of large investors have recently bought and sold shares of AMPL. UBS Group AG grew its holdings in Amplitude by 173.8% during the fourth quarter. UBS Group AG now owns 544,805 shares of the company’s stock worth $6,309,000 after buying an additional 345,813 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Amplitude by 2.6% during the 3rd quarter. Vanguard Group Inc. now owns 9,891,218 shares of the company’s stock worth $106,034,000 after acquiring an additional 252,646 shares during the last quarter. TimesSquare Capital Management LLC grew its stake in shares of Amplitude by 22.9% in the 4th quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock worth $29,105,000 after acquiring an additional 468,418 shares in the last quarter. Neuberger Berman Group LLC purchased a new stake in shares of Amplitude in the third quarter valued at about $4,573,000. Finally, ArrowMark Colorado Holdings LLC lifted its position in shares of Amplitude by 25.8% during the third quarter. ArrowMark Colorado Holdings LLC now owns 1,585,582 shares of the company’s stock valued at $16,997,000 after purchasing an additional 324,985 shares in the last quarter. 73.20% of the stock is currently owned by institutional investors and hedge funds.

About Amplitude

Amplitude, Inc is a software company specializing in digital analytics and product intelligence solutions for businesses seeking to optimize user engagement and drive growth. Its core offering, the Amplitude Analytics platform, enables customers to collect and analyze behavioral data from web and mobile applications in real time. The platform provides advanced segmentation, funnel analysis, retention tracking and pathfinding tools that help product, marketing and data teams understand user journeys, identify friction points and measure the impact of new features.

Founded in 2012 by Spenser Skates, Curtis Liu and Jeffrey Wang, Amplitude is headquartered in Redwood City, California, with additional offices spanning North America, Europe and Asia.