CenterBook Partners LP Cuts Position in Amplitude, Inc. $AMPL

CenterBook Partners LP trimmed its holdings in shares of Amplitude, Inc. (NASDAQ:AMPL) by 89.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,694 shares of the company’s stock after selling 275,843 shares during the period. CenterBook Partners LP’s holdings in Amplitude were worth $350,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of AMPL. State of Alaska Department of Revenue purchased a new stake in Amplitude during the 3rd quarter worth approximately $48,000. Osaic Holdings Inc. raised its holdings in Amplitude by 57.8% in the second quarter. Osaic Holdings Inc. now owns 5,132 shares of the company’s stock valued at $64,000 after acquiring an additional 1,879 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Amplitude by 86.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,477 shares of the company’s stock valued at $130,000 after acquiring an additional 4,858 shares during the last quarter. Caxton Associates LLP acquired a new position in Amplitude during the 1st quarter worth $131,000. Finally, Prudential Financial Inc. bought a new stake in shares of Amplitude in the 2nd quarter worth about $132,000. Institutional investors and hedge funds own 73.20% of the company’s stock.

Insiders Place Their Bets

In other Amplitude news, CEO Spenser Skates sold 42,743 shares of the firm’s stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $12.01, for a total transaction of $513,343.43. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Erica Schultz sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $10.88, for a total transaction of $108,800.00. Following the completion of the sale, the director directly owned 114,906 shares of the company’s stock, valued at approximately $1,250,177.28. This represents a 8.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 52,843 shares of company stock valued at $623,343 in the last quarter. 4.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

AMPL has been the subject of a number of research reports. Morgan Stanley set a $16.00 price target on Amplitude and gave the stock an “overweight” rating in a research note on Thursday, January 15th. KeyCorp decreased their target price on Amplitude from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Thursday. BTIG Research dropped their price target on Amplitude from $14.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday. DA Davidson decreased their price objective on shares of Amplitude from $16.00 to $12.00 and set a “buy” rating for the company in a report on Thursday. Finally, Piper Sandler lowered their target price on shares of Amplitude from $12.00 to $10.00 and set an “overweight” rating for the company in a research note on Thursday. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $13.18.

Amplitude News Summary

Here are the key news stories impacting Amplitude this week:

• Positive Sentiment: Board-approved $100 million share buyback (up to ~11.8% of shares) signals management thinks the stock is undervalued; buybacks can support the share price and EPS. RTT News: Buyback
• Positive Sentiment: Q4 results: revenue of $91.4M beat estimates and EPS of $0.04 met expectations; revenue growth of ~17% y/y and management set FY2026 revenue growth target of ~15% driven by AI agent adoption (agents now ~25% of queries). These metrics and AI adoption narrative support bullish sentiment. MSN: AI growth & results
• Neutral Sentiment: Company provided Q1 & FY26 EPS guidance (FY26: $0.080–0.130; Q1: -$0.020 to -$0.010). Guidance shows path toward profitability but still modest; impact depends on execution. Marketbeat: Guidance & metrics
• Neutral Sentiment: Multiple earnings call transcripts and presentations provide more color on product launches (agentic analytics) and customer traction — useful for long‑term thesis but less likely to move price immediately. Seeking Alpha: Call transcript
• Negative Sentiment: Several Wall Street firms trimmed price targets (KeyCorp $16→$14, Piper Sandler $12→$10, BTIG $14→$10) even while keeping buy/overweight ratings — this reduces near‑term analyst upside and may pressure sentiment. Benzinga: PT cuts
• Negative Sentiment: Market reaction appears muted or negative despite the buyback and decent revenue — likely because Amplitude remains unprofitable (negative net margin/ROE), EPS forecasts for the year remain negative, and some investors may be wary of valuation given prior highs. Zacks: Meets estimates
• Neutral Sentiment: Short‑interest entries in filings show odd/zero values and NaN increases (likely a data/reporting anomaly); current reported days‑to‑cover is 0.0 — not actionable until clearer data is available. (internal short‑interest entries)

Amplitude Trading Down 1.1%

NASDAQ AMPL opened at $7.08 on Monday. Amplitude, Inc. has a 52 week low of $5.99 and a 52 week high of $14.49. The stock has a market cap of $737.31 million, a price-to-earnings ratio of -10.57 and a beta of 1.49. The company has a 50-day moving average price of $9.77 and a two-hundred day moving average price of $10.40.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.04. The company had revenue of $91.43 million for the quarter, compared to analysts’ expectations of $90.35 million. Amplitude had a negative return on equity of 32.33% and a negative net margin of 25.80%.The business’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 earnings per share. Amplitude has set its FY 2026 guidance at 0.080-0.130 EPS and its Q1 2026 guidance at -0.020–0.010 EPS. As a group, equities research analysts expect that Amplitude, Inc. will post -0.62 earnings per share for the current fiscal year.

Amplitude declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 18th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to purchase up to 11.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its stock is undervalued.

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.