Wellington Management Group LLP Sells 68,550 Shares of Amplitude, Inc. $AMPL

Wellington Management Group LLP decreased its position in shares of Amplitude, Inc. (NASDAQ:AMPL) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,086,006 shares of the company’s stock after selling 68,550 shares during the period. Wellington Management Group LLP owned about 10.95% of Amplitude worth $84,808,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in shares of Amplitude by 368.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 617,713 shares of the company’s stock worth $4,213,000 after buying an additional 485,752 shares during the last quarter. UBS Group AG grew its position in Amplitude by 173.8% in the fourth quarter. UBS Group AG now owns 544,805 shares of the company’s stock valued at $6,309,000 after acquiring an additional 345,813 shares during the last quarter. TimesSquare Capital Management LLC grew its position in Amplitude by 22.9% in the fourth quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock valued at $29,105,000 after acquiring an additional 468,418 shares during the last quarter. Vanguard Group Inc. raised its stake in Amplitude by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 10,825,568 shares of the company’s stock worth $125,360,000 after acquiring an additional 934,350 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in Amplitude by 362.8% during the first quarter. First Trust Advisors LP now owns 424,566 shares of the company’s stock worth $2,896,000 after acquiring an additional 332,830 shares in the last quarter. 73.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Amplitude news, Director Catherine Wong sold 7,453 shares of Amplitude 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 directly owned 111,462 shares of the company’s stock, valued at approximately $756,826.98. The trade was a 6.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 21.59% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley raised their price target on shares of Amplitude from $12.00 to $16.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. BTIG Research upped their price objective on shares of Amplitude from $10.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. DA Davidson increased their price objective on shares of Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings raised shares of Amplitude from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, August 11th. Finally, Piper Sandler boosted their target price on shares of Amplitude from $11.00 to $13.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. One investment 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 issued a Sell rating to the company. According to data from MarketBeat, Amplitude currently has an average rating of “Moderate Buy” and an average price target of $12.55.

Amplitude Stock Performance

Shares of NASDAQ AMPL opened at $13.29 on Thursday. The firm has a 50 day moving average price of $10.51 and a two-hundred day moving average price of $8.19. The stock has a market cap of $1.35 billion, a P/E ratio of -17.72 and a beta of 1.49. Amplitude, Inc. has a 52-week low of $5.51 and a 52-week high of $14.76.

Amplitude (NASDAQ:AMPL) last issued its quarterly 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 analyst estimates 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. Analysts predict that Amplitude, Inc. will post -0.63 earnings per share for the current fiscal year.

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.