In a report released today, Gil Luria from D.A. Davidson maintained a Hold rating on Amplitude (AMPL – Research Report), with a price target of $12.00. The company’s shares closed yesterday at $14.07.
According to TipRanks, Luria is a 5-star analyst with an average return of 20.4% and a 68.85% success rate. Luria covers the Technology sector, focusing on stocks such as Apple, Manhattan Associates, and Microsoft.
Currently, the analyst consensus on Amplitude is a Hold with an average price target of $12.00, which is a -14.71% downside from current levels. In a report released today, Piper Sandler also maintained a Hold rating on the stock with a $11.00 price target.
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The company has a one-year high of $14.42 and a one-year low of $8.50. Currently, Amplitude has an average volume of 416.4K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AMPL in relation to earlier this year.
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Amplitude (AMPL) Company Description:
Amplitude Inc is pioneering a new category of software called digital optimization. The company’s digital optimization system serves as the command center for businesses to connect digital products to business outcomes.
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