Madison Asset Management LLC Buys 236,060 Shares of Amplitude, Inc. $AMPL

Madison Asset Management LLC grew its position in Amplitude, Inc. (NASDAQ:AMPL) by 302.6% during the 1st quarter, HoldingsChannel reports. The firm owned 314,060 shares of the company’s stock after purchasing an additional 236,060 shares during the quarter. Madison Asset Management LLC’s holdings in Amplitude were worth $2,142,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Alliancebernstein L.P. lifted its position in Amplitude by 2,126.0% in the 2nd quarter. Alliancebernstein L.P. now owns 4,160,481 shares of the company’s stock valued at $51,590,000 after acquiring an additional 3,973,575 shares in the last quarter. Wellington Management Group LLP boosted its position in Amplitude by 783.5% during the third quarter. Wellington Management Group LLP now owns 2,026,598 shares of the company’s stock worth $21,725,000 after purchasing an additional 1,797,228 shares during the period. Vanguard Group Inc. grew its stake in Amplitude by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock valued at $125,360,000 after buying an additional 934,350 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Amplitude by 368.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock worth $4,213,000 after purchasing an additional 485,752 shares during the last quarter. Finally, Squarepoint Ops LLC increased its position in Amplitude by 932.3% during the 2nd quarter. Squarepoint Ops LLC now owns 529,050 shares of the company’s stock worth $6,560,000 after buying an additional 477,801 shares during the period. Institutional investors own 73.20% of the company’s stock.

Amplitude Stock Performance

Shares of NASDAQ:AMPL opened at $8.74 on Thursday. The business’s 50 day simple moving average is $7.71 and its two-hundred day simple moving average is $7.74. Amplitude, Inc. has a 52-week low of $5.51 and a 52-week high of $14.49. The firm has a market cap of $907.82 million, a P/E ratio of -13.04 and a beta of 1.44.

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

Analysts Set New Price Targets

AMPL has been the subject of a number of recent analyst reports. Raymond James Financial began coverage on Amplitude in a research report on Tuesday, June 30th. They set a “strong-buy” rating and a $10.00 target price for the company. Citigroup increased their price target on Amplitude from $7.00 to $10.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Weiss Ratings downgraded shares of Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. Piper Sandler lifted their target price on Amplitude from $9.00 to $11.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Bank of America reaffirmed 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. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Amplitude has an average rating of “Moderate Buy” and an average price target of $12.18.

Insiders Place Their Bets

In other Amplitude news, Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction on Friday, June 12th. The shares were sold at an average price of $6.79, for a total transaction of $50,605.87. Following the transaction, the director directly owned 111,462 shares of the company’s stock, valued at $756,826.98. The trade was a 6.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Curtis Liu sold 22,201 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $8.03, for a total transaction of $178,274.03. Following the completion of the sale, the chief technology officer directly owned 1,004,779 shares of the company’s stock, valued at $8,068,375.37. The trade was a 2.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 47,240 shares of company stock worth $371,678 over the last ninety days. Insiders own 21.59% of the company’s stock.

Amplitude Profile

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.