142,007 Shares in Amplitude, Inc. (NASDAQ:AMPL) Acquired by Kera Capital Partners Inc.

Kera Capital Partners Inc. bought a new position in shares of Amplitude, Inc. (NASDAQ:AMPL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 142,007 shares of the company's stock, valued at approximately $1,498,000. Kera Capital Partners Inc. owned approximately 0.15% of Amplitude as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. ArrowMark Colorado Holdings LLC lifted its holdings in shares of Amplitude by 56.6% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,482,738 shares of the company's stock worth $13,300,000 after acquiring an additional 535,624 shares during the last quarter. Cerity Partners LLC lifted its stake in Amplitude by 524.9% during the third quarter. Cerity Partners LLC now owns 460,624 shares of the company's stock worth $4,132,000 after purchasing an additional 386,915 shares during the last quarter. Horrell Capital Management Inc. purchased a new position in shares of Amplitude in the 3rd quarter worth about $1,597,000. Circumference Group LLC bought a new position in shares of Amplitude during the 3rd quarter valued at about $1,597,000. Finally, Geode Capital Management LLC raised its holdings in shares of Amplitude by 7.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,903,531 shares of the company's stock valued at $17,078,000 after buying an additional 126,056 shares in the last quarter. 73.20% of the stock is currently owned by institutional investors.

Amplitude Stock Up 2.4 %

NASDAQ AMPL traded up $0.26 during trading on Friday, hitting $10.90. The company had a trading volume of 382,507 shares, compared to its average volume of 310,047. The company's fifty day moving average is $10.77 and its 200-day moving average is $9.42. Amplitude, Inc. has a one year low of $7.37 and a one year high of $14.42.

Analysts Set New Price Targets

AMPL has been the topic of a number of recent research reports. Robert W. Baird increased their price target on shares of Amplitude from $10.00 to $12.00 and gave the company a "neutral" rating in a research report on Friday, November 8th. Scotiabank lifted their target price on shares of Amplitude from $10.00 to $12.00 and gave the stock a "sector perform" rating in a research report on Friday, November 8th. Piper Sandler upgraded Amplitude from a "neutral" rating to an "overweight" rating and increased their target price for the company from $11.00 to $15.00 in a report on Monday, January 6th. Morgan Stanley upgraded shares of Amplitude from an "underweight" rating to an "equal weight" rating and raised their target price for the stock from $10.00 to $11.00 in a report on Monday, January 13th. Finally, KeyCorp upgraded shares of Amplitude from a "sector weight" rating to an "overweight" rating and set a $15.00 target price for the company in a report on Friday, December 13th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $12.43.

Insider Activity at Amplitude

In other Amplitude news, Director Eric Vishria sold 25,000 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $10.18, for a total transaction of $254,500.00. Following the completion of the transaction, the director now owns 286,208 shares of the company's stock, valued at approximately $2,913,597.44. This trade represents a 8.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 4.80% of the stock is owned by corporate insiders.

About Amplitude

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.