Vanguard Group Inc. Purchases 252,646 Shares of Amplitude, Inc. $AMPL

Vanguard Group Inc. raised its position in shares of Amplitude, Inc. (NASDAQ:AMPL) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,891,218 shares of the company’s stock after buying an additional 252,646 shares during the quarter. Vanguard Group Inc. owned about 0.10% of Amplitude worth $106,034,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. PNC Financial Services Group Inc. grew its holdings in shares of Amplitude by 35.7% in the third quarter. PNC Financial Services Group Inc. now owns 27,311 shares of the company’s stock valued at $293,000 after purchasing an additional 7,191 shares in the last quarter. TimesSquare Capital Management LLC purchased a new position in shares of Amplitude in the 3rd quarter worth $21,922,000. Wilson Asset Management International PTY Ltd. increased its holdings in shares of Amplitude by 24.2% in the 3rd quarter. Wilson Asset Management International PTY Ltd. now owns 153,849 shares of the company’s stock worth $1,649,000 after buying an additional 30,000 shares during the last quarter. Savant Capital LLC raised its position in shares of Amplitude by 1.4% during the 3rd quarter. Savant Capital LLC now owns 182,644 shares of the company’s stock valued at $1,958,000 after buying an additional 2,491 shares in the last quarter. Finally, State of Wyoming bought a new position in shares of Amplitude in the 3rd quarter valued at about $427,000. 73.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Amplitude news, Director Erica Schultz sold 10,000 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $10.88, for a total value of $108,800.00. Following the transaction, the director directly owned 114,906 shares in the company, valued at $1,250,177.28. This represents a 8.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Spenser Skates sold 42,743 shares of Amplitude stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of $12.01, for a total transaction of $513,343.43. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 52,843 shares of company stock valued at $623,343. 23.83% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AMPL. Weiss Ratings reissued a “sell (d-)” rating on shares of Amplitude in a research note on Monday, December 29th. Robert W. Baird boosted their target price on Amplitude from $14.00 to $15.00 and gave the company an “outperform” rating in a research report on Friday, December 19th. UBS Group decreased their price target on Amplitude from $13.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. KeyCorp dropped their price objective on shares of Amplitude from $16.00 to $14.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. Finally, BTIG Research cut their price objective on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Ten equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.00.

Amplitude Stock Up 1.8%

Shares of Amplitude stock opened at $7.72 on Thursday. The stock’s fifty day moving average is $9.07 and its two-hundred day moving average is $10.16. Amplitude, Inc. has a 52 week low of $5.99 and a 52 week high of $14.49. The company has a market capitalization of $803.96 million, a PE ratio of -11.52 and a beta of 1.51.

Amplitude (NASDAQ:AMPL) last released its earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, hitting the consensus estimate of $0.04. Amplitude had a negative return on equity of 32.33% and a negative net margin of 25.80%.The business’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.02 earnings per share. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. As a group, research analysts anticipate that Amplitude, Inc. will post -0.62 earnings per share for the current year.

Amplitude announced that its board has authorized a stock repurchase plan on Wednesday, February 18th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to repurchase up to 11.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

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.