AvePoint, Inc. (NASDAQ:AVPT – Get Free Report) 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 transaction of $437,744.10. Following the transaction, the insider directly owned 335,710 shares of the company’s stock, valued at $5,086,006.50. The trade was a 7.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 transaction of $141,100.00.
- On Wednesday, September 23rd, Brian Brown sold 10,000 shares of AvePoint stock. The shares were sold at an average price of $13.07, for a total transaction of $130,700.00.
- On Thursday, August 27th, Brian Brown sold 60,000 shares of AvePoint stock. The stock was 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 shares were sold at an average price of $13.30, for a total value of $133,000.00.
- On Wednesday, July 29th, Brian Brown sold 5,176 shares of AvePoint stock. The stock was sold at an average price of $13.06, for a total value of $67,598.56.
- On Tuesday, July 28th, Brian Brown sold 4,824 shares of AvePoint stock. The shares were sold at an average price of $13.08, for a total value of $63,097.92.
AvePoint Price Performance
Shares of NASDAQ:AVPT opened at $14.41 on Friday. The business’s fifty day moving average price is $13.45 and its two-hundred day moving average price is $11.71. AvePoint, Inc. has a fifty-two week low of $8.84 and a fifty-two week high of $15.48. The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 45.03 and a beta of 1.17.
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 reference price. The firm’s positive stance adds fresh institutional validation to AvePoint’s growth outlook. AvePoint Raised to Strong-Buy at BMO Capital Markets
- Positive Sentiment: Analyst estimates compiled in a separate report put AvePoint’s average price target at $16.41, above the reference trading level. This suggests analysts see additional appreciation potential despite the stock’s gains over the past year. AvePoint Stock Has Average Target Price of $16.41 According to Analysts
- Positive Sentiment: Recent bullish research highlights AvePoint’s positioning in agentic-AI governance, with AgentPulse reportedly supporting record net-new annual recurring revenue growth and larger customer deals. The company’s cash position, free-cash-flow yield and reported share repurchases also strengthen the investment case. AvePoint Growing Agentic AI Governance and Reasonable Valuations Should Drive Interest
- Positive Sentiment: Another analysis rated AvePoint a buy, citing revenue and earnings growth, positive operating cash flow, global operations and limited leverage risk. Its role in AI, data protection, compliance and governance provides exposure to several expanding technology markets. AvePoint Rides AI-Driven Tailwind
- Neutral Sentiment: Insider Brian Brown sold 28,894 shares for approximately $437,744, reducing his position by 7.92%. However, the transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, making it a limited bearish signal rather than clear evidence of deteriorating management confidence. SEC Insider Trading Filing
Institutional Trading of AvePoint
A number of hedge funds and other institutional investors have recently modified their holdings of AVPT. Ausbil Investment Management Ltd acquired a new position in AvePoint during the 3rd quarter worth $358,000. Scholtz & Company LLC acquired a new stake in shares of AvePoint in the 2nd quarter valued at $1,975,000. Integrated Wealth Concepts LLC bought a new stake in shares of AvePoint during the second quarter worth $96,000. Allworth Financial LP raised its position in shares of AvePoint by 109.6% during the second quarter. Allworth Financial LP now owns 5,065 shares of the company’s stock worth $57,000 after acquiring an additional 2,649 shares during the last quarter. Finally, Corient Private Wealth LP acquired a new position in shares of AvePoint during the second quarter valued at $240,000. Institutional investors and hedge funds own 44.49% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on AVPT. Evercore reiterated an “outperform” rating and issued a $16.00 target price on shares of AvePoint in a research note on Friday, August 7th. Zacks Research cut AvePoint from a “strong-buy” rating to a “hold” rating in a report on Monday, August 10th. Stephens boosted their price objective on AvePoint from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Monday, September 21st. TD Cowen raised their target price on AvePoint from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $18.00 price target on shares of AvePoint in a report on Monday, July 6th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $16.41.
Read Our Latest Research Report on AVPT
About AvePoint
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.
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