Amplitude, Inc. (NASDAQ:AMPL – Free Report) – Equities researchers at DA Davidson raised their FY2026 earnings per share (EPS) estimates for Amplitude in a research report issued to clients and investors on Tuesday, March 11th. DA Davidson analyst C. Wright now anticipates that the company will post earnings of ($0.60) per share for the year, up from their prior forecast of ($0.61). DA Davidson currently has a “Buy” rating and a $16.00 target price on the stock. The consensus estimate for Amplitude’s current full-year earnings is ($0.62) per share.
Amplitude (NASDAQ:AMPL – Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.27). Amplitude had a negative net margin of 31.52% and a negative return on equity of 32.24%. The firm had revenue of $78.13 million for the quarter, compared to analysts’ expectations of $76.68 million.
Check Out Our Latest Stock Report on AMPL
Amplitude Trading Up 0.8 %
AMPL stock opened at $12.11 on Thursday. The stock has a 50-day moving average price of $11.86 and a two-hundred day moving average price of $10.45. Amplitude has a 12-month low of $7.37 and a 12-month high of $14.88. The company has a market cap of $1.57 billion, a PE ratio of -15.73 and a beta of 1.35.
Institutional Investors Weigh In On Amplitude
A number of institutional investors have recently added to or reduced their stakes in AMPL. Headlands Technologies LLC acquired a new stake in Amplitude in the fourth quarter worth approximately $38,000. Aquatic Capital Management LLC lifted its position in Amplitude by 176.5% in the fourth quarter. Aquatic Capital Management LLC now owns 4,147 shares of the company’s stock worth $44,000 after purchasing an additional 2,647 shares during the period. Canada Pension Plan Investment Board lifted its position in Amplitude by 255.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 7,100 shares of the company’s stock worth $75,000 after purchasing an additional 5,100 shares during the period. Summit Investment Advisors Inc. lifted its position in Amplitude by 22.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,172 shares of the company’s stock worth $86,000 after purchasing an additional 1,492 shares during the period. Finally, Meros Investment Management LP acquired a new stake in shares of Amplitude during the 4th quarter valued at $102,000. 73.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, Director Eric Vishria sold 35,000 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $12.80, for a total value of $448,000.00. Following the completion of the transaction, the director now directly owns 286,859 shares of the company’s stock, valued at $3,671,795.20. This represents a 10.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 45,000 shares of company stock valued at $568,129. 4.80% of the stock is currently owned by insiders.
About Amplitude
Amplitude, Inc, together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes.
Featured Articles
- Five stocks we like better than Amplitude
- 3 Small Caps With Big Return Potential
- 3 Magnificent 7 Stocks Trading Near 50-Day Lows—Time to Buy?
- How to trade penny stocks: A step-by-step guide
- 3 Stocks With Ironclad Balance Sheets for Long-Term Stability
- How Investors Can Find the Best Cheap Dividend Stocks
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
Receive News & Ratings for Amplitude Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplitude and related companies with MarketBeat.com's FREE daily email newsletter.