Amplitude (NASDAQ:AMPL) Shares Up 6.6% – Here’s Why

Amplitude, Inc. (NASDAQ:AMPL)’s stock price was up 6.6% on Monday . The stock traded as high as $13.39 and last traded at $13.4260. Approximately 398,742 shares were traded during mid-day trading, a decline of 82% from the average session volume of 2,191,655 shares. The stock had previously closed at $12.59.

Analyst Upgrades and Downgrades

AMPL has been the topic of a number of research reports. Piper Sandler lifted their target price on shares of Amplitude from $11.00 to $13.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Morgan Stanley increased their price target on shares of Amplitude from $12.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Citigroup raised their price objective on shares of Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. DA Davidson lifted their price objective on Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, UBS Group upped their target price on Amplitude from $8.50 to $13.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. One 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $12.55.

Amplitude Stock Performance

The stock has a 50-day moving average of $11.19 and a two-hundred day moving average of $8.49. The company has a market cap of $1.38 billion, a P/E ratio of -18.19 and a beta of 1.50.

Amplitude (NASDAQ:AMPL) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $100.89 million during the quarter, compared to the consensus estimate 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. Research analysts predict that Amplitude, Inc. will post -0.63 EPS for the current year.

Insider Buying and Selling

In other Amplitude news, insider Nathaniel Glenn Crook sold 300,000 shares of the company’s stock in a transaction dated 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 transaction, the insider owned 1,622,696 shares in the company, valued at approximately $21,078,821.04. This represents a 15.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 21.59% of the company’s stock.

Institutional Investors Weigh In On Amplitude

Several institutional investors and hedge funds have recently added to or reduced their stakes in AMPL. Quarry LP purchased a new stake in Amplitude during the 3rd quarter valued at $32,000. Osaic Holdings Inc. grew its holdings in shares of Amplitude by 57.8% in the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock worth $64,000 after acquiring an additional 1,879 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Amplitude during the second quarter valued at $48,000. Kemnay Advisory Services Inc. purchased a new stake in Amplitude during the fourth quarter valued at $119,000. Finally, Tower Research Capital LLC TRC lifted its holdings in Amplitude by 86.5% in the second quarter. Tower Research Capital LLC TRC now owns 10,477 shares of the company’s stock valued at $130,000 after acquiring an additional 4,858 shares during the period. Hedge funds and other institutional investors own 73.20% of the company’s stock.

Amplitude Company Profile

Amplitude, Inc (NASDAQ: AMPL) develops a digital analytics platform that helps companies understand how users interact with their websites, mobile applications and other digital products. Its software is designed to help organizations analyze customer behavior, identify opportunities for product improvement and support data-driven decision-making.

The company’s product offerings include Amplitude Analytics for behavioral and product analysis, along with tools for experimentation, session replay, customer data management and product performance monitoring.