AvePoint (NASDAQ:AVPT) Stock: Insider Brian Michael Brown Sells 28,894 Shares

AvePoint, Inc. (NASDAQ:AVPT) insider Brian Brown sold 28,894 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $15.15, for a total value of $437,744.10. Following the sale, the insider directly owned 335,710 shares in the company, valued at approximately $5,086,006.50. This trade represents a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Brian Michael Brown also recently made the following trade(s):

• On Wednesday, September 30th, Brian Brown sold 10,000 shares of AvePoint stock. The shares were sold at an average price of $14.11, for a total value of $141,100.00.
• On Wednesday, September 23rd, Brian Brown sold 10,000 shares of AvePoint stock. The stock was sold at an average price of $13.07, for a total value of $130,700.00.
• On Thursday, August 27th, Brian Brown sold 60,000 shares of AvePoint stock. The shares were sold at an average price of $14.20, for a total transaction of $852,000.00.
• On Monday, August 24th, Brian Brown sold 10,000 shares of AvePoint stock. The stock was sold at an average price of $13.30, for a total transaction of $133,000.00.
• On Wednesday, July 29th, Brian Brown sold 5,176 shares of AvePoint stock. The shares were sold at an average price of $13.06, for a total transaction of $67,598.56.
• On Tuesday, July 28th, Brian Brown sold 4,824 shares of AvePoint stock. The stock was sold at an average price of $13.08, for a total transaction of $63,097.92.

AvePoint Stock Performance

Shares of AvePoint stock traded up $0.13 on Thursday, hitting $14.41. The company’s stock had a trading volume of 2,290,425 shares, compared to its average volume of 2,088,459. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 45.03 and a beta of 1.17. AvePoint, Inc. has a 1 year low of $8.84 and a 1 year high of $15.48. The firm has a fifty day moving average price of $13.42 and a 200-day moving average price of $11.68.

AvePoint (NASDAQ:AVPT) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.08 by $0.04. The company had revenue of $124.50 million for the quarter, compared to analyst estimates of $121.38 million. AvePoint had a return on equity of 15.97% and a net margin of 15.33%. As a group, analysts forecast that AvePoint, Inc. will post 0.25 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AVPT. Dimensional Fund Advisors LP lifted its position in AvePoint by 25.7% during the first quarter. Dimensional Fund Advisors LP now owns 3,264,082 shares of the company’s stock worth $31,040,000 after buying an additional 666,422 shares in the last quarter. Wellington Management Group LLP grew its holdings in AvePoint by 106.7% in the 2nd quarter. Wellington Management Group LLP now owns 2,776,579 shares of the company’s stock valued at $31,125,000 after buying an additional 1,433,299 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of AvePoint by 25.0% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,675,587 shares of the company’s stock worth $25,445,000 after acquiring an additional 535,015 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of AvePoint by 16.4% in the 1st quarter. Renaissance Technologies LLC now owns 2,580,153 shares of the company’s stock worth $24,537,000 after acquiring an additional 363,200 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of AvePoint by 335.2% during the 1st quarter. SG Americas Securities LLC now owns 2,391,696 shares of the company’s stock worth $22,745,000 after acquiring an additional 1,842,124 shares during the period. 44.49% of the stock is currently owned by institutional investors and hedge funds.

AvePoint News Summary

Here are the key news stories impacting AvePoint this week:

• Positive Sentiment: BMO Capital Markets initiated coverage with an Outperform rating and a $17.00 price target, implying meaningful upside from the recent trading level. The new coverage adds institutional support to the bullish case. AvePoint in spotlight as BMO Capital starts with outperform rating
• Positive Sentiment: Analyst estimates cited by American Banking News put AvePoint’s average price target at $16.41, above the recent share price, suggesting expectations for continued appreciation. AvePoint Stock Has Average Target Price of $16.41 According to Analysts
• Positive Sentiment: Recent analysis upgraded AvePoint based on growing demand for agentic-AI governance and its AgentPulse platform, which reportedly is supporting stronger net new annual recurring revenue and larger contracts. The company’s cash position, free-cash-flow generation and substantial share repurchases further support the investment thesis. AvePoint: Growing Agentic AI Governance And Reasonable Valuations Should Drive Interest
• Positive Sentiment: Another bullish analysis cited AvePoint’s revenue and earnings growth, positive operating cash flow, global presence and low leverage. Its exposure to AI, data protection and compliance trends could provide a durable growth tailwind. AvePoint Rides AI-Driven Tailwind, Proving Itself As A Durable Cash Flow Engine
• Negative Sentiment: Insider Brian Brown sold 28,894 AVPT shares for approximately $437,744, reducing his direct ownership by 7.92%. Because the sale was executed under a Rule 10b5-1 pre-arranged trading plan, it may be less concerning than an unexpected discretionary sale, but it could still modestly weigh on sentiment. SEC insider transaction filing

Analyst Ratings Changes

Several equities analysts have issued reports on AVPT shares. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of AvePoint in a report on Tuesday, September 22nd. BMO Capital Markets began coverage on shares of AvePoint in a research note on Tuesday. They issued an “outperform” rating and a $17.00 price target on the stock. Wall Street Zen upgraded AvePoint from a “hold” rating to a “buy” rating in a report on Saturday, September 12th. Evercore reiterated an “outperform” rating and set a $16.00 price objective on shares of AvePoint in a research note on Friday, August 7th. Finally, Scotiabank increased their target price on AvePoint from $12.00 to $15.00 and gave the company a “sector outperform” rating in a report on Friday, August 7th. Eleven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, AvePoint currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.41.

AvePoint Company Profile

AvePoint, Inc (NASDAQ: AVPT) provides data-management, governance and protection solutions for organizations using cloud collaboration platforms. Its products are designed to help businesses migrate, manage, protect and optimize data across services such as Microsoft 365, SharePoint, Dynamics 365 and Salesforce.

The company’s offerings include cloud backup and recovery, data migration, records and information management, compliance, security and workspace governance. AvePoint delivers these capabilities through its cloud-based platform and related software, helping organizations manage data throughout its lifecycle while supporting collaboration and regulatory requirements.

Founded in 2001, AvePoint serves customers globally across a range of industries, including public-sector organizations, education, healthcare and commercial enterprises.