2 weeks Ago By Defense World Staff
JPMorgan Chase & Co. increased its holdings in Amplitude, Inc. ( NASDAQ:AMPL – Free Report ) by 265.
5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 307,225 shares of the company’s stock after purchasing an additional 223,175 shares during the period. JPMorgan Chase & Co.
owned 0.32% of Amplitude worth $3,241,000 as of its most recent SEC filing. Other institutional investors have also recently added to or reduced their stakes in the company.
Vanguard Group Inc. boosted its stake in Amplitude by 5.1% in the 4th quarter.
Vanguard Group Inc. now owns 9,189,698 shares of the company’s stock worth $96,951,000 after buying an additional 447,277 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Amplitude during the 4th quarter worth about $171,000.
Intech Investment Management LLC boosted its position in shares of Amplitude by 96.4% in the fourth quarter. Intech Investment Management LLC now owns 28,015 shares of the company’s stock worth $296,000 after acquiring an additional 13,754 shares during the last quarter.
Monimus Capital Management LP purchased a new stake in Amplitude in the fourth quarter valued at approximately $3,630,000. Finally, ANTIPODES PARTNERS Ltd increased its position in Amplitude by 90.7% during the fourth quarter.
ANTIPODES PARTNERS Ltd now owns 18,081 shares of the company’s stock worth $191,000 after purchasing an additional 8,599 shares during the last quarter. 73.20% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of equities analysts have weighed in on the stock. Morgan Stanley decreased their price target on shares of Amplitude from $13.00 to $11.
00 and set an “equal weight” rating on the stock in a report on Wednesday, April 16th. Bank of America lifted their target price on Amplitude from $14.00 to $16.
00 and gave the company a “buy” rating in a report on Thursday, February 20th. Citigroup upped their price target on Amplitude from $11.00 to $15.
00 and gave the stock a “neutral” rating in a research note on Monday, February 24th. Needham & Company LLC reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Amplitude in a research note on Tuesday, March 11th.
Finally, Robert W. Baird upgraded Amplitude from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $12.00 to $17.
00 in a report on Thursday, February 20th. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.
com, Amplitude currently has an average rating of “Moderate Buy” and a consensus price target of $14.40. Amplitude Stock Down 5.
7 % Shares of NASDAQ:AMPL opened at $7.71 on Tuesday. The company has a 50 day moving average of $11.
00 and a two-hundred day moving average of $10.71. Amplitude, Inc.
has a 52-week low of $7.37 and a 52-week high of $14.88.
The company has a market capitalization of $997.76 million, a price-to-earnings ratio of -10.01 and a beta of 1.
40. Amplitude ( NASDAQ:AMPL – Get Free Report ) last released its quarterly earnings results on Wednesday, February 19th. The company reported ($0.
26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.27).
The firm had revenue of $78.13 million for the quarter, compared to analysts’ expectations of $76.68 million.
Amplitude had a negative return on equity of 32.24% and a negative net margin of 31.52%.
On average, equities analysts anticipate that Amplitude, Inc. will post -0.62 earnings per share for the current year.
Insider Buying and Selling at Amplitude In other news, Director Eric Vishria sold 3,563 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $12.00, for a total transaction of $42,756.
00. Following the completion of the sale, the director now owns 276,208 shares of the company’s stock, valued at approximately $3,314,496. This trade represents a 1.
27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . 4.
80% of the stock is owned by insiders. Amplitude Profile ( Free Report ) 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.
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