State of Wyoming Acquires 51,094 Shares of Amplitude, Inc. $AMPL

State of Wyoming increased its holdings in shares of Amplitude, Inc. (NASDAQ:AMPL) by 614.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 59,409 shares of the company’s stock after purchasing an additional 51,094 shares during the period. State of Wyoming owned approximately 0.06% of Amplitude worth $823,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Dimensional Fund Advisors LP grew its holdings in Amplitude by 368.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock valued at $4,213,000 after buying an additional 485,752 shares during the last quarter. First Trust Advisors LP increased its position in Amplitude by 362.8% in the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock worth $2,896,000 after buying an additional 332,830 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Amplitude in the 1st quarter worth approximately $3,097,000. Squarepoint Ops LLC lifted its holdings in shares of Amplitude by 43.4% during the second quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company’s stock worth $7,816,000 after buying an additional 309,252 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Amplitude during the second quarter worth approximately $2,204,000. Institutional investors and hedge funds own 73.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AMPL. Bank of America increased their price objective on Amplitude from $14.00 to $16.50 and gave the company a “neutral” rating in a research report on Wednesday, October 14th. Citigroup boosted their target price 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. UBS Group upped their target price on shares of Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Piper Sandler increased their price target on shares of Amplitude from $13.00 to $18.00 and gave the company an “overweight” rating in a report on Wednesday, September 30th. Finally, Weiss Ratings raised shares of 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 issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.30.

Insiders Place Their Bets

In other Amplitude news, insider Nathaniel Glenn Crook sold 300,000 shares of Amplitude 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 owned 1,622,696 shares in the company, valued at $21,078,821.04. The trade was a 15.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Spenser Skates sold 185,000 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $12.30, for a total transaction of $2,275,500.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 674,087 shares of company stock valued at $9,260,009 over the last 90 days. 21.59% of the stock is currently owned by corporate insiders.

Amplitude Stock Down 0.1%

Shares of AMPL opened at $17.08 on Friday. Amplitude, Inc. has a 12-month low of $5.51 and a 12-month high of $17.84. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of -22.77 and a beta of 1.49. The stock’s 50-day moving average price is $14.47 and its 200 day moving average price is $9.63.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). Amplitude had a negative return on equity of 42.62% and a negative net margin of 26.59%. The company had revenue of $100.89 million during the quarter, compared to the consensus estimate 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. Equities research analysts expect that Amplitude, Inc. will post -0.66 EPS for the current year.

About Amplitude

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.