Amplitude (NASDAQ:AMPL) Reaches New 12-Month High – Time to Buy?

Amplitude, Inc. (NASDAQ:AMPL)’s stock price reached a new 52-week high on Wednesday. The company traded as high as $17.84 and last traded at $17.6550, with a volume of 141,584 shares changing hands. The stock had previously closed at $17.26.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AMPL. UBS Group lifted their price objective on shares of Amplitude from $8.50 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. BTIG Research raised their target price on shares of Amplitude from $13.00 to $17.00 and gave the company a “buy” rating in a research note on Tuesday, October 20th. Piper Sandler lifted their price target on shares of Amplitude from $13.00 to $18.00 and gave the stock an “overweight” rating in a report on Wednesday, September 30th. Citigroup upped their price target on Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Weiss Ratings upgraded Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th. 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 given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $14.30.

Amplitude Price Performance

The stock has a market cap of $1.73 billion, a price-to-earnings ratio of -22.80 and a beta of 1.49. The company’s fifty day moving average price is $14.39 and its 200-day moving average price is $9.60.

Amplitude (NASDAQ:AMPL) last released its earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). The company had revenue of $100.89 million during the quarter, compared to analysts’ expectations 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 forecast that Amplitude, Inc. will post -0.66 earnings per share for the current fiscal year.

Insider Buying and Selling at Amplitude

In other news, CEO Spenser Skates sold 6,651 shares of the business’s stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $17.53, for a total transaction of $116,592.03. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Nathaniel Glenn Crook sold 300,000 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $12.99, for a total transaction of $3,897,000.00. Following the sale, the insider directly owned 1,622,696 shares in the company, valued at $21,078,821.04. This trade represents 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. Insiders have sold 674,087 shares of company stock valued at $9,260,009 over the last quarter. Insiders own 21.59% of the company’s stock.

Institutional Trading of Amplitude

Several large investors have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC raised its stake in shares of Amplitude by 169.1% in the third quarter. Nisa Investment Advisors LLC now owns 2,465 shares of the company’s stock worth $34,000 after purchasing an additional 1,549 shares during the last quarter. Sterling Capital Management LLC increased its holdings in Amplitude by 838.1% in the 3rd quarter. Sterling Capital Management LLC now owns 3,180 shares of the company’s stock worth $44,000 after buying an additional 2,841 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Amplitude in the 2nd quarter worth approximately $48,000. Vise Technologies Inc. increased its holdings in Amplitude by 6.4% in the 3rd quarter. Vise Technologies Inc. now owns 14,040 shares of the company’s stock worth $194,000 after buying an additional 843 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Amplitude during the 3rd quarter worth approximately $337,000. Hedge funds and other institutional investors own 73.20% of the company’s stock.

Amplitude Company Profile

Amplitude, Inc is a software company that provides digital analytics and product experience solutions. Its platform helps organizations collect, analyze and act on user behavior data across websites, mobile applications and other digital products.

The company’s offerings include Amplitude Analytics, which enables teams to measure user engagement, retention and conversion; experimentation tools for testing product changes; session replay capabilities for reviewing user interactions; and data management and governance features.