TD Asset Management Inc Sells 126,088 Shares of Amplitude, Inc. $AMPL

TD Asset Management Inc trimmed its position in shares of Amplitude, Inc. (NASDAQ:AMPL) by 42.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 173,606 shares of the company’s stock after selling 126,088 shares during the period. TD Asset Management Inc owned 0.17% of Amplitude worth $1,861,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Gagnon Securities LLC bought a new stake in shares of Amplitude in the 3rd quarter valued at about $5,475,000. Squarepoint Ops LLC increased its position in Amplitude by 932.3% during the second quarter. Squarepoint Ops LLC now owns 529,050 shares of the company’s stock worth $6,560,000 after buying an additional 477,801 shares during the last quarter. Hsbc Holdings PLC raised its stake in Amplitude by 1,256.3% in the second quarter. Hsbc Holdings PLC now owns 163,615 shares of the company’s stock valued at $2,032,000 after buying an additional 151,552 shares during the period. Baillie Gifford & Co. lifted its position in shares of Amplitude by 35.5% in the third quarter. Baillie Gifford & Co. now owns 2,681,896 shares of the company’s stock valued at $28,750,000 after buying an additional 703,328 shares during the last quarter. Finally, Gagnon Advisors LLC bought a new position in shares of Amplitude during the 3rd quarter worth approximately $3,784,000. Institutional investors and hedge funds own 73.20% of the company’s stock.

Insider Buying and Selling

In other Amplitude news, Director Erica Schultz sold 10,000 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $10.88, for a total transaction of $108,800.00. Following the transaction, the director directly owned 114,906 shares in the company, valued at approximately $1,250,177.28. This represents a 8.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Spenser Skates sold 42,743 shares of the business’s stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of $12.01, for a total transaction of $513,343.43. The SEC filing for this sale provides additional information. Insiders sold a total of 52,843 shares of company stock worth $623,343 in the last 90 days. Corporate insiders own 23.83% of the company’s stock.

Amplitude Price Performance

Shares of Amplitude stock opened at $7.87 on Friday. The company’s 50 day moving average price is $8.99 and its two-hundred day moving average price is $10.15. The firm has a market capitalization of $819.58 million, a P/E ratio of -11.75 and a beta of 1.51. Amplitude, Inc. has a fifty-two week low of $5.99 and a fifty-two week high of $14.49.

Amplitude (NASDAQ:AMPL) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.04. Amplitude had a negative net margin of 25.80% and a negative return on equity of 32.33%. During the same period last year, the firm posted $0.02 earnings per share. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. On average, analysts expect that Amplitude, Inc. will post -0.62 earnings per share for the current year.

Amplitude declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 18th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 11.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Piper Sandler lowered their price target on shares of Amplitude from $12.00 to $10.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. Morgan Stanley set a $16.00 target price on shares of Amplitude and gave the stock an “overweight” rating in a report on Thursday, January 15th. Robert W. Baird increased their price target on Amplitude from $14.00 to $15.00 and gave the stock an “outperform” rating in a research report on Friday, December 19th. KeyCorp dropped their price objective on Amplitude from $16.00 to $14.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Finally, UBS Group reduced their target price on Amplitude from $13.00 to $10.00 and set a “buy” rating on the stock in a 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 data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $13.00.

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.