First Trust Advisors LP Purchases 332,830 Shares of Amplitude, Inc. $AMPL

First Trust Advisors LP grew its position in Amplitude, Inc. (NASDAQ:AMPL) by 362.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 424,566 shares of the company’s stock after purchasing an additional 332,830 shares during the quarter. First Trust Advisors LP owned about 0.41% of Amplitude worth $2,896,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in AMPL. AQR Capital Management LLC boosted its stake in Amplitude by 120.7% in the 1st quarter. AQR Capital Management LLC now owns 226,486 shares of the company’s stock valued at $2,308,000 after purchasing an additional 123,886 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Amplitude by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,399 shares of the company’s stock worth $473,000 after buying an additional 2,038 shares during the period. NewEdge Advisors LLC bought a new position in Amplitude during the 1st quarter worth $580,000. Jones Financial Companies Lllp lifted its holdings in shares of Amplitude by 93,569.0% during the first quarter. Jones Financial Companies Lllp now owns 93,669 shares of the company’s stock worth $954,000 after buying an additional 93,569 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Amplitude by 60.0% during the first quarter. Goldman Sachs Group Inc. now owns 473,491 shares of the company’s stock worth $4,825,000 after buying an additional 177,599 shares in the last quarter. Institutional investors own 73.20% of the company’s stock.

Amplitude News Summary

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Revenue beat and stronger outlook: Amplitude reported second-quarter revenue of $100.89 million, above the $98.16 million consensus estimate. Management also guided third-quarter revenue to $105.6 million-$108.0 million and full-year revenue to $407.2 million-$411.2 million, both ahead of Wall Street expectations. Amplitude Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Profitability guidance exceeded estimates: The company forecast third-quarter adjusted EPS of $0.02-$0.03 versus a consensus estimate of breakeven, while full-year EPS guidance of $0.06-$0.08 compared favorably with analysts’ expected loss of $0.08. The outlook supports the investment case that Amplitude’s AI analytics strategy is improving operating performance. Amplitude Reports Q2 Loss, Tops Revenue Estimates
• Positive Sentiment: Analysts raised targets: BTIG Research increased its price target from $10 to $13 and assigned a “buy” rating. Piper Sandler likewise raised its target from $11 to $13 and maintained an “overweight” rating, signaling greater confidence in Amplitude’s growth and earnings trajectory. Analyst Target Revisions
• Neutral Sentiment: AI analytics strategy remains a focus: The earnings call emphasized Amplitude’s transformation into an AI analytics company and the potential benefits of combining Amplitude with Statsig. Investors will look for evidence that this strategy produces sustained customer adoption and growth. Amplitude Q2 2026 Earnings Call Transcript
• Negative Sentiment: Current profitability remains weak: Amplitude posted a quarterly loss of $0.01 per share, though it matched expectations, and continues to report a negative net margin and negative return on equity. The improved forecast therefore still needs to translate into consistent profitability.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. UBS Group upped their price target on shares of Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Amplitude in a research note on Tuesday, July 21st. BTIG Research boosted their price objective on shares of Amplitude from $10.00 to $13.00 and gave the company a “buy” rating in a report on Thursday. Raymond James Financial assumed coverage on shares of Amplitude in a research report on Tuesday, June 30th. They set a “strong-buy” rating and a $10.00 target price on the stock. Finally, Piper Sandler raised their target price on shares of Amplitude from $11.00 to $13.00 and gave the stock an “overweight” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $12.45.

Amplitude Stock Performance

Amplitude stock opened at $10.77 on Friday. Amplitude, Inc. has a 52 week low of $5.51 and a 52 week high of $14.49. The stock has a market capitalization of $1.12 billion, a P/E ratio of -14.36 and a beta of 1.42. The stock has a fifty day moving average of $8.27 and a 200-day moving average of $7.61.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). Amplitude had a negative return on equity of 37.97% and a negative net margin of 26.59%.The business had revenue of $100.89 million for the quarter, compared to analyst estimates of $98.16 million. 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, research analysts forecast that Amplitude, Inc. will post -0.59 earnings per share for the current year.

Insider Buying and Selling

In related news, CTO Curtis Liu sold 22,201 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $8.03, for a total transaction of $178,274.03. Following the completion of the transaction, the chief technology officer directly owned 1,004,779 shares in the company, valued at $8,068,375.37. This represents a 2.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Catherine Wong sold 7,453 shares of the stock in a transaction that occurred 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 completion of the transaction, the director directly owned 111,462 shares of the company’s stock, valued at approximately $756,826.98. The trade was a 6.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 21.59% of the company’s stock.

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.