Susquehanna Fundamental Investments LLC Takes Position in Amplitude, Inc. (NASDAQ:AMPL)

Susquehanna Fundamental Investments LLC bought a new position in shares of Amplitude, Inc. (NASDAQ:AMPL - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 93,859 shares of the company's stock, valued at approximately $990,000. Susquehanna Fundamental Investments LLC owned 0.10% of Amplitude as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AMPL. Barclays PLC increased its stake in Amplitude by 371.7% during the 3rd quarter. Barclays PLC now owns 128,537 shares of the company's stock valued at $1,153,000 after purchasing an additional 101,289 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Amplitude by 38.9% during the third quarter. JPMorgan Chase & Co. now owns 84,050 shares of the company's stock valued at $754,000 after buying an additional 23,526 shares during the last quarter. Kera Capital Partners Inc. bought a new stake in shares of Amplitude during the fourth quarter worth about $1,498,000. SG Americas Securities LLC raised its holdings in shares of Amplitude by 15.7% in the 4th quarter. SG Americas Securities LLC now owns 42,107 shares of the company's stock worth $444,000 after acquiring an additional 5,726 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in Amplitude by 58.3% in the 4th quarter. Blue Trust Inc. now owns 30,902 shares of the company's stock valued at $326,000 after acquiring an additional 11,384 shares in the last quarter. 73.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMPL. DA Davidson decreased their price objective on Amplitude from $16.00 to $12.00 and set a "buy" rating for the company in a report on Monday, April 14th. Morgan Stanley decreased their price target on Amplitude from $13.00 to $11.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Robert W. Baird upgraded Amplitude from a "neutral" rating to an "outperform" rating and raised their price objective for the company from $12.00 to $17.00 in a research note on Thursday, February 20th. Citigroup upped their target price on shares of Amplitude from $11.00 to $15.00 and gave the stock a "neutral" rating in a research note on Monday, February 24th. Finally, Baird R W raised shares of Amplitude from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 20th. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $13.90.

Insider Transactions at Amplitude

In other Amplitude news, Director Eric Vishria sold 35,000 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $12.80, for a total transaction of $448,000.00. Following the completion of the transaction, the director now owns 286,859 shares in the company, valued at $3,671,795.20. This trade represents a 10.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.80% of the stock is owned by corporate insiders.

Amplitude Stock Performance

AMPL stock traded up $0.06 during mid-day trading on Friday, hitting $9.44. The company had a trading volume of 640,916 shares, compared to its average volume of 667,269. The firm has a market cap of $932.36 million, a PE ratio of -12.26 and a beta of 1.40. Amplitude, Inc. has a 12 month low of $7.37 and a 12 month high of $14.88. The stock's fifty day moving average price is $10.34 and its two-hundred day moving average price is $10.72.

Amplitude (NASDAQ:AMPL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.27). Amplitude had a negative return on equity of 32.24% and a negative net margin of 31.52%. The company had revenue of $78.13 million during the quarter, compared to the consensus estimate of $76.68 million. Equities analysts anticipate that Amplitude, Inc. will post -0.62 earnings per share for the current year.

Amplitude Company Profile

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.