Vontobel Holding Ltd. purchased a new stake in shares of Amplitude, Inc. (NASDAQ:AMPL – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 73,000 shares of the company’s stock, valued at approximately $1,011,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Squarepoint Ops LLC lifted its stake in shares of Amplitude by 43.4% in the 2nd quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company’s stock worth $7,816,000 after purchasing an additional 309,252 shares during the period. Dimensional Fund Advisors LP grew its position in Amplitude by 368.1% during the first quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock valued at $4,213,000 after buying an additional 485,752 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in Amplitude during the first quarter valued at approximately $3,930,000. Y Intercept Hong Kong Ltd bought a new stake in Amplitude during the first quarter valued at approximately $3,097,000. Finally, First Trust Advisors LP increased its holdings in Amplitude by 362.8% during the first 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 during the last quarter. Hedge funds and other institutional investors own 73.20% of the company’s stock.
Insiders Place Their Bets
In other news, insider Nathaniel Glenn Crook sold 300,000 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $12.99, for a total value of $3,897,000.00. Following the completion of the sale, the insider directly owned 1,622,696 shares of the company’s stock, valued at $21,078,821.04. This represents a 15.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Spenser Skates sold 70,087 shares of the firm’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $14.52, for a total transaction of $1,017,663.24. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 560,000 shares of company stock valued at $7,261,156. Corporate insiders own 21.59% of the company’s stock.
Amplitude Trading Up 2.9%
Amplitude stock opened at $15.18 on Tuesday. The firm has a 50 day moving average of $13.72 and a 200 day moving average of $9.78. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of -20.24 and a beta of 1.49. Amplitude, Inc. has a 12-month low of $5.51 and a 12-month high of $16.17.
Amplitude (NASDAQ:AMPL – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. The company had revenue of $100.89 million for 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. On average, analysts predict that Amplitude, Inc. will post -0.66 EPS for the current year.
Wall Street Analyst Weigh In
Several research firms have weighed in on AMPL. Weiss Ratings upgraded shares of Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, August 11th. Piper Sandler lifted their price target on shares of Amplitude from $13.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 30th. Raymond James Financial initiated coverage on shares of Amplitude in a research report on Tuesday, June 30th. They set a “strong-buy” rating and a $10.00 price objective for the company. DA Davidson upped their price objective on Amplitude from $10.00 to $12.50 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Citigroup upped their price objective on Amplitude from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. 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 given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $13.90.
View Our Latest Research Report on Amplitude
About Amplitude
Amplitude, Inc is a software company that provides a digital analytics platform designed to help organizations understand and improve digital products and customer experiences. Its platform enables businesses to collect, analyze and visualize behavioral data from websites, mobile applications and other digital services.
The company’s product offerings include product analytics, session replay, experimentation and data management capabilities. These tools help product, marketing and engineering teams track user journeys, identify engagement trends, evaluate changes and make data-informed decisions throughout the product development and customer lifecycle.
Amplitude was founded in 2012 by Spenser Skates, Curtis Liu and Jeffrey Wang and is headquartered in San Francisco, California.
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