Vanguard Group Inc. Acquires 252,646 Shares of Amplitude, Inc. $AMPL

Vanguard Group Inc. raised its holdings in shares of Amplitude, Inc. (NASDAQ:AMPL) by 2.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,891,218 shares of the company’s stock after purchasing an additional 252,646 shares during the period. Vanguard Group Inc. owned approximately 9.69% of Amplitude worth $106,034,000 at the end of the most recent quarter.

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

Insider Activity

In other news, 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 value of $513,343.43. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Erica Schultz sold 10,000 shares of the company’s stock in a transaction 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 owned 114,906 shares of the company’s stock, valued at approximately $1,250,177.28. This represents a 8.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 52,843 shares of company stock valued at $623,343 in the last quarter. 23.83% of the stock is currently owned by company insiders.

Amplitude Price Performance

AMPL opened at $7.72 on Thursday. The company has a 50 day simple moving average of $9.07 and a two-hundred day simple moving average of $10.16. The firm has a market cap of $803.96 million, a P/E ratio of -11.52 and a beta of 1.51. Amplitude, Inc. has a 1-year low of $5.99 and a 1-year high of $14.49.

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

Amplitude declared that its Board of Directors has authorized a share buyback plan on Wednesday, February 18th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to reacquire up to 11.8% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AMPL. BTIG Research decreased their target price on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. UBS Group cut their price objective on Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Piper Sandler reduced their price objective on Amplitude from $12.00 to $10.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. DA Davidson dropped their target price on Amplitude from $16.00 to $12.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Finally, Morgan Stanley set a $16.00 price target on Amplitude and gave the company an “overweight” rating in a research note on Thursday, January 15th. Ten investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Amplitude presently 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.