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Amplitude Inc (AMPL) Becoming More Attractive for Investors

Amplitude Inc’s filing revealed that its Director THE VISHRIA REVOCABLE TRUST acquired Company’s shares for reported $0.47 million on Feb 24 ’25. In the deal valued at $13.42 per share,35,000 shares were bought.

Then, Vishria Eric sold 3,563 shares, generating $42,756 in total proceeds. Upon selling the shares at $12.00, the Director now owns 276,208 shares.

Before that, Vishria Eric sold 6,437 shares. Amplitude Inc shares valued at $77,353 were divested by the Director at a price of $12.02 per share. As a result of the transaction, Vishria Eric now holds 279,771 shares, worth roughly $3.59 million.

Robert W. Baird upgraded its Amplitude Inc [AMPL] rating to an Outperform from a a Neutral in a research note published on February 20, 2025; the price target was increased to $17 from $12. A number of analysts have revised their coverage, including DA Davidson’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Morgan Stanley also remained covering AMPL and has increased its forecast on January 13, 2025 with a “an Equal-weight” recommendation from previously “an Underweight” rating. Piper Sandler revised its rating on January 06, 2025. It rated AMPL as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of AMPL

On Tuesday, Amplitude Inc [NASDAQ:AMPL] saw its stock jump 0.16% to $12.82. Over the last five days, the stock has gained 5.86%. Amplitude Inc shares have risen nearly 21.52% since the year began. Nevertheless, the stocks have risen 8.55% over the past one year. While a 52-week high of $14.88 was reached on 02/20/25, a 52-week low of $7.37 was recorded on 01/10/25. SMA at 50 days reached $11.59, while 200 days put it at $9.65.

Levels Of Support And Resistance For AMPL Stock

The 24-hour chart illustrates a support level at 12.45, which if violated will result in even more drops to 12.08. On the upside, there is a resistance level at 13.09. A further resistance level may holdings at 13.37. The Relative Strength Index (RSI) on the 14-day chart is 55.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.40%. Stochastics %K at 40.86% indicates the stock is a holding.

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