Amplitude (NASDAQ:AMPL) Shares Up 3.3% – Time to Buy?

Amplitude, Inc. (NASDAQ:AMPL) was up 3.3% during mid-day trading on Wednesday . The stock traded as high as $13.47 and last traded at $13.57. 286,853 shares were traded during trading, a decline of 87% from the average daily volume of 2,164,377 shares. The stock had previously closed at $13.14.

Analyst Upgrades and Downgrades

AMPL has been the subject of a number of research analyst reports. Piper Sandler boosted their target price on shares of Amplitude from $11.00 to $13.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Citigroup boosted their price objective on shares of Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Weiss Ratings raised Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th. DA Davidson increased their price objective on Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, BTIG Research boosted their target price on Amplitude from $10.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $12.55.

Amplitude Stock Up 3.9%

The firm has a market cap of $1.38 billion, a P/E ratio of -18.21 and a beta of 1.50. The business has a fifty day moving average of $11.78 and a 200 day moving average of $8.79.

Amplitude (NASDAQ:AMPL) last issued its earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The firm had revenue of $100.89 million during the quarter, compared to the consensus estimate of $98.16 million. Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. On average, sell-side analysts expect that Amplitude, Inc. will post -0.66 EPS for the current fiscal year.

Insider Activity

In other news, CEO Spenser Skates sold 185,000 shares of Amplitude stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $12.30, for a total transaction of $2,275,500.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nathaniel Glenn Crook sold 300,000 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $12.99, for a total value of $3,897,000.00. Following the sale, the insider directly owned 1,622,696 shares of the company’s stock, valued at approximately $21,078,821.04. The trade was a 15.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 21.59% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amplitude

Several institutional investors have recently added to or reduced their stakes in AMPL. Squarepoint Ops LLC raised its stake in shares of Amplitude by 43.4% in the 2nd quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company’s stock valued at $7,816,000 after purchasing an additional 309,252 shares during the period. Meros Investment Management LP raised its holdings in shares of Amplitude by 12.6% in the fourth quarter. Meros Investment Management LP now owns 861,874 shares of the company’s stock valued at $9,981,000 after purchasing an additional 96,779 shares during the last quarter. Gagnon Securities LLC boosted its holdings in Amplitude by 36.8% during the fourth quarter. Gagnon Securities LLC now owns 698,870 shares of the company’s stock worth $8,093,000 after purchasing an additional 188,139 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Amplitude by 368.1% in the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock valued at $4,213,000 after purchasing an additional 485,752 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Amplitude in the 1st quarter valued at $3,930,000. 73.20% of the stock is owned by institutional investors.

Amplitude Company Profile

Amplitude, Inc (NASDAQ: AMPL) develops a digital analytics platform that helps companies understand how users interact with their websites, mobile applications and other digital products. Its software is designed to help organizations analyze customer behavior, identify opportunities for product improvement and support data-driven decision-making.

The company’s product offerings include Amplitude Analytics for behavioral and product analysis, along with tools for experimentation, session replay, customer data management and product performance monitoring.