Amplitude, Inc. (NASDAQ:AMPL – Get Free Report) Director Catherine Wong sold 7,453 shares of Amplitude stock in a transaction that occurred 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Amplitude Price Performance
AMPL traded down $0.05 on Monday, reaching $6.84. 1,583,206 shares of the company’s stock were exchanged, compared to its average volume of 2,217,213. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $14.49. The stock has a market cap of $710.45 million, a PE ratio of -10.21 and a beta of 1.45. The stock’s fifty day moving average price is $6.85 and its 200-day moving average price is $8.33.
Amplitude (NASDAQ:AMPL – Get Free Report) last issued its 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). The company had revenue of $93.49 million during the quarter, compared to analysts’ expectations of $92.95 million. Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The business’s quarterly revenue 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. As a group, research analysts predict that Amplitude, Inc. will post -0.59 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP purchased a new stake in shares of Amplitude during the third quarter worth approximately $32,000. Osaic Holdings Inc. increased its stake in shares of Amplitude by 57.8% during the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock worth $64,000 after buying an additional 1,879 shares during the period. Morse Asset Management Inc purchased a new stake in shares of Amplitude during the fourth quarter worth approximately $116,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Amplitude during the fourth quarter worth approximately $119,000. Finally, Merit Financial Group LLC purchased a new stake in shares of Amplitude during the fourth quarter worth approximately $120,000. 73.20% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
AMPL has been the subject of a number of recent analyst reports. DA Davidson cut their price objective on Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. UBS Group lowered their target price on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. BTIG Research reduced their price target on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. Piper Sandler decreased their price objective on shares of Amplitude from $10.00 to $9.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. Finally, KeyCorp lowered their price objective on shares of Amplitude from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. Nine research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $12.44.
Get Our Latest Research Report on Amplitude
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.
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