Amplitude (NASDAQ:AMPL) Stock Price Down 7% – Here’s What Happened

Shares of Amplitude, Inc. (NASDAQ:AMPL) were down 7% during mid-day trading on Wednesday . The company traded as low as $8.95 and last traded at $8.9170. 409,897 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 2,219,656 shares. The stock had previously closed at $9.59.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AMPL shares. Weiss Ratings lowered shares of Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. Bank of America reiterated a “neutral” rating and set a $8.00 price objective (down from $10.00) on shares of Amplitude in a report on Thursday, May 7th. Citigroup lifted their price objective on Amplitude from $7.00 to $10.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Piper Sandler boosted their target price on Amplitude from $9.00 to $11.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Raymond James Financial started coverage on Amplitude in a research note on Tuesday, June 30th. They set a “strong-buy” rating and a $10.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $12.18.

Amplitude Stock Performance

The firm’s 50 day moving average is $7.65 and its 200-day moving average is $7.76. The firm has a market cap of $919.85 million, a price-to-earnings ratio of -13.20 and a beta of 1.44.

Amplitude (NASDAQ:AMPL) last posted its earnings results on Wednesday, May 6th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Amplitude had a negative return on equity of 34.98% and a negative net margin of 25.11%.The business had revenue of $93.49 million for the quarter, compared to analyst estimates of $92.95 million. Amplitude’s revenue for the quarter 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, research analysts predict that Amplitude, Inc. will post -0.59 EPS for the current year.

Insider Activity

In other news, Director Catherine Wong sold 7,453 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $6.79, for a total transaction of $50,605.87. Following the transaction, the director owned 111,462 shares of the company’s stock, valued at approximately $756,826.98. This represents a 6.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Curtis Liu sold 22,201 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $8.03, for a total value of $178,274.03. Following the completion of the sale, the chief technology officer owned 1,004,779 shares of the company’s stock, valued at approximately $8,068,375.37. This trade represents a 2.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 47,240 shares of company stock valued at $371,678. 21.59% of the stock is currently owned by corporate insiders.

Institutional Trading of Amplitude

Several large investors have recently modified their holdings of AMPL. Quarry LP acquired a new position in Amplitude in the 3rd quarter valued at $32,000. Osaic Holdings Inc. lifted its position in Amplitude by 57.8% during the 2nd 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 last quarter. Krilogy Financial LLC bought a new stake in Amplitude during the first quarter valued at about $77,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Amplitude in the third quarter valued at about $113,000. Finally, Morse Asset Management Inc acquired a new stake in shares of Amplitude in the fourth quarter valued at about $116,000. 73.20% of the stock is owned by institutional investors.

Amplitude Company Profile

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.