Amplitude, Inc. $AMPL Shares Purchased by State of Wyoming

State of Wyoming boosted its holdings in shares of Amplitude, Inc. (NASDAQ:AMPL) by 614.5% in the third quarter, Holdings Channel reports. The firm owned 59,409 shares of the company’s stock after purchasing an additional 51,094 shares during the quarter. State of Wyoming’s holdings in Amplitude were worth $823,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in AMPL. Arrowstreet Capital Limited Partnership acquired a new stake in Amplitude during the first quarter valued at approximately $3,930,000. Dimensional Fund Advisors LP lifted its position in shares of Amplitude by 368.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock worth $4,213,000 after buying an additional 485,752 shares during the period. Y Intercept Hong Kong Ltd bought a new position in shares of Amplitude during the 1st quarter worth approximately $3,097,000. Quantinno Capital Management LP boosted its stake in Amplitude by 1,683.8% in the 1st quarter. Quantinno Capital Management LP now owns 370,515 shares of the company’s stock valued at $2,527,000 after buying an additional 349,744 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in Amplitude by 362.8% in the 1st quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock valued at $2,896,000 after buying an additional 332,830 shares in the last quarter. 73.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amplitude

In related news, CEO Spenser Skates sold 6,651 shares of Amplitude stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $17.53, for a total value of $116,592.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Nathaniel Glenn Crook sold 300,000 shares of the company’s stock in a transaction dated Friday, September 4th. The stock was 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 trade represents a 15.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 674,087 shares of company stock worth $9,260,009 in the last 90 days. Company insiders own 21.59% of the company’s stock.

Analysts Set New Price Targets

AMPL has been the topic of a number of analyst reports. Citigroup upped their price target on Amplitude from $10.00 to $11.00 and gave the company a “neutral” rating in a research 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 report on Thursday, August 6th. Morgan Stanley boosted their target price on shares of Amplitude from $12.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Piper Sandler increased their target price on shares of Amplitude from $13.00 to $18.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 30th. Finally, UBS Group lifted their price target on shares of Amplitude from $8.50 to $13.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $14.30.

Amplitude Price Performance

NASDAQ AMPL opened at $17.08 on Friday. The firm has a market cap of $1.73 billion, a PE ratio of -22.77 and a beta of 1.49. Amplitude, Inc. has a one year low of $5.51 and a one year high of $17.84. The stock’s 50 day simple moving average is $14.47 and its 200 day simple moving average is $9.63.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting 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 firm had revenue of $100.89 million during the quarter, compared to analysts’ expectations 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. As a group, equities analysts expect that Amplitude, Inc. will post -0.66 earnings per share 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.