Key Points
- Amplitude director Catherine Wong sold 7,453 shares on June 12 at an average price of $6.79, totaling about $50,606. After the sale, she still held 111,462 shares, reducing her stake by 6.27%.
- Amplitude’s recent financial results were mixed: the company reported a smaller-than-expected quarterly loss, but earnings still came in below estimates. Revenue reached $93.49 million, up 16.9% year over year and slightly above forecasts.
- Analysts remain cautiously bullish on AMPL, with nine Buy ratings, one Hold, and one Sell, for an average “Moderate Buy” rating and a $12.44 target price. The company also has a $100 million share repurchase authorization in place.
Amplitude, Inc. (NASDAQ:AMPL - Get Free Report) Director Catherine Wong sold 7,453 shares of the firm's stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $6.79, for a total value of $50,605.87. Following the transaction, the director owned 111,462 shares in the company, valued at approximately $756,826.98. The trade was a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Amplitude Stock Performance
Shares of AMPL stock opened at $6.84 on Tuesday. Amplitude, Inc. has a fifty-two week low of $5.51 and a fifty-two week high of $14.49. The stock has a 50 day moving average price of $6.85 and a two-hundred day moving average price of $8.30. The company has a market capitalization of $710.47 million, a P/E ratio of -10.21 and a beta of 1.45.
Amplitude (NASDAQ:AMPL - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The company had revenue of $93.49 million for the quarter, compared to analysts' expectations of $92.95 million. Amplitude's revenue was up 16.9% compared to the same quarter last year. Amplitude has set its Q2 2026 guidance at -0.020--0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. As a group, equities analysts predict that Amplitude, Inc. will post -0.59 earnings per share for the current year.
Amplitude announced that its Board of Directors has authorized a stock buyback plan on Wednesday, February 18th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to buy up to 11.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.
Institutional Investors Weigh In On Amplitude
Several institutional investors and hedge funds have recently modified their holdings of AMPL. Quarry LP purchased a new position in shares of Amplitude during the third quarter valued at about $32,000. Osaic Holdings Inc. lifted its holdings in 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 buying an additional 1,879 shares during the period. Krilogy Financial LLC bought a new stake in Amplitude during the 1st quarter valued at approximately $77,000. Legato Capital Management LLC bought a new stake in Amplitude during the 3rd quarter valued at approximately $112,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Amplitude during the 3rd quarter worth approximately $113,000. 73.20% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have issued reports on AMPL shares. BTIG Research decreased 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. DA Davidson cut their target price on Amplitude from $16.00 to $12.00 and set a "buy" rating on the stock in a research note on Thursday, February 19th. Weiss Ratings downgraded Amplitude from a "sell (d-)" rating to a "sell (e+)" rating in a report on Friday, April 24th. UBS Group lowered their price target on Amplitude from $13.00 to $10.00 and set a "buy" rating for the company in a research report on Thursday, February 19th. Finally, Bank of America reiterated a "neutral" rating and issued a $8.00 price objective (down from $10.00) on shares of Amplitude in a report on Thursday, May 7th. Nine investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $12.44.
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About Amplitude
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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.
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