Amplitude, Inc. $AMPL Shares Purchased by Gagnon Advisors LLC

Gagnon Advisors LLC raised its holdings in shares of Amplitude, Inc. (NASDAQ:AMPL) by 29.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 457,212 shares of the company’s stock after buying an additional 104,221 shares during the period. Amplitude comprises 3.4% of Gagnon Advisors LLC’s investment portfolio, making the stock its 14th largest position. Gagnon Advisors LLC’s holdings in Amplitude were worth $5,295,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. New York State Common Retirement Fund increased its holdings in Amplitude by 23.9% in the 4th quarter. New York State Common Retirement Fund now owns 29,344 shares of the company’s stock valued at $340,000 after purchasing an additional 5,664 shares in the last quarter. Swiss National Bank increased its holdings in Amplitude by 5.1% in the 4th quarter. Swiss National Bank now owns 181,200 shares of the company’s stock valued at $2,098,000 after purchasing an additional 8,800 shares in the last quarter. Nuveen LLC increased its holdings in Amplitude by 18.8% in the 4th quarter. Nuveen LLC now owns 2,645,618 shares of the company’s stock valued at $30,636,000 after purchasing an additional 418,376 shares in the last quarter. Deutsche Bank AG increased its holdings in Amplitude by 167.0% in the 4th quarter. Deutsche Bank AG now owns 364,467 shares of the company’s stock valued at $4,221,000 after purchasing an additional 227,969 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in Amplitude in the 4th quarter valued at $885,000. 73.20% of the stock is owned by institutional investors and hedge funds.

Amplitude Stock Up 0.1%

Shares of AMPL opened at $6.89 on Friday. The business’s 50 day moving average is $6.85 and its two-hundred day moving average is $8.34. Amplitude, Inc. has a 52-week low of $5.51 and a 52-week high of $14.49. The firm has a market cap of $715.66 million, a price-to-earnings ratio of -10.28 and a beta of 1.45.

Amplitude (NASDAQ:AMPL) last announced its earnings results on Wednesday, May 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). Amplitude had a negative net margin of 25.11% and a negative return on equity of 34.98%. The business had revenue of $93.49 million during the quarter, compared to analyst estimates of $92.95 million. The firm’s revenue for the quarter was up 16.9% on a year-over-year basis. Amplitude has set its Q2 2026 guidance at -0.020–0.010 EPS and its FY 2026 guidance at 0.030-0.060 EPS. On average, equities analysts expect that Amplitude, Inc. will post -0.59 earnings per share for the current fiscal year.

Amplitude announced that its Board of Directors has authorized a share repurchase program on Wednesday, February 18th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 11.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Weiss Ratings downgraded Amplitude from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. UBS Group lowered their price objective on shares of Amplitude from $13.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. BTIG Research lowered their price objective on shares of Amplitude from $14.00 to $10.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. KeyCorp lowered their price objective on shares of Amplitude from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. Finally, Piper Sandler lowered their price objective on shares of Amplitude from $10.00 to $9.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Nine 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 MarketBeat.com, Amplitude currently has an average rating of “Moderate Buy” and a consensus target price of $12.44.

Insider Activity at Amplitude

In other news, CTO Curtis Liu sold 22,201 shares of Amplitude 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 transaction, the chief technology officer owned 1,004,779 shares in the company, valued at approximately $8,068,375.37. This trade represents a 2.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 21.59% of the company’s stock.

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.