Universal Beteiligungs und Servicegesellschaft mbH Decreases Stake in AvePoint, Inc. $AVPT

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in shares of AvePoint, Inc. (NASDAQ:AVPT) by 52.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,801 shares of the company’s stock after selling 79,384 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in AvePoint were worth $1,063,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Invesco Ltd. lifted its stake in AvePoint by 218.0% during the 2nd quarter. Invesco Ltd. now owns 5,335,882 shares of the company’s stock valued at $103,036,000 after acquiring an additional 3,657,692 shares during the period. Geode Capital Management LLC raised its holdings in shares of AvePoint by 6.1% during the second quarter. Geode Capital Management LLC now owns 3,122,598 shares of the company’s stock valued at $60,304,000 after purchasing an additional 179,694 shares during the last quarter. Jennison Associates LLC lifted its position in AvePoint by 37.0% during the second quarter. Jennison Associates LLC now owns 2,908,473 shares of the company’s stock valued at $56,163,000 after purchasing an additional 786,016 shares during the period. Franklin Resources Inc. boosted its holdings in AvePoint by 72.2% in the second quarter. Franklin Resources Inc. now owns 2,130,124 shares of the company’s stock worth $41,133,000 after purchasing an additional 893,384 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in AvePoint by 1.5% in the second quarter. Raymond James Financial Inc. now owns 1,307,295 shares of the company’s stock worth $25,244,000 after purchasing an additional 19,476 shares during the last quarter. 44.49% of the stock is currently owned by institutional investors.

AvePoint Stock Down 2.4%

Shares of AvePoint stock opened at $11.63 on Friday. The stock’s fifty day moving average is $13.24 and its 200 day moving average is $14.70. AvePoint, Inc. has a one year low of $11.49 and a one year high of $20.25.

AvePoint (NASDAQ:AVPT) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). AvePoint had a return on equity of 0.66% and a net margin of 0.55%.The company had revenue of $109.73 million during the quarter, compared to analysts’ expectations of $105.72 million. On average, equities analysts expect that AvePoint, Inc. will post -0.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other AvePoint news, Chairman Xunkai Gong sold 27,998 shares of AvePoint stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $13.39, for a total transaction of $374,893.22. Following the transaction, the chairman owned 14,920,668 shares of the company’s stock, valued at $199,787,744.52. The trade was a 0.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 120,000 shares of company stock worth $1,646,709. 26.19% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Robert W. Baird upgraded shares of AvePoint to a “hold” rating in a research note on Monday, October 27th. Scotiabank cut their price objective on AvePoint from $22.00 to $17.00 and set a “sector outperform” rating for the company in a report on Friday, November 7th. Zacks Research downgraded AvePoint from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. Wall Street Zen raised AvePoint from a “hold” rating to a “buy” rating in a research report on Sunday, November 9th. Finally, Cantor Fitzgerald cut their price target on AvePoint from $22.50 to $18.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $18.66.

AvePoint Company Profile

AvePoint, Inc (NASDAQ:AVPT) is a leading software provider specializing in data management, governance, and compliance solutions for Microsoft 365 and related cloud platforms. Founded in 2001 and headquartered in Jersey City, New Jersey, the company offers a comprehensive suite of cloud-based and on-premises tools designed to help organizations migrate, manage, and protect their collaboration data. AvePoint’s flagship Cloud Platform delivers backup, governance, reporting, and migration services for SharePoint, Teams, Exchange, OneDrive, and Salesforce environments.

With a customer base spanning thousands of organizations across more than 100 countries, AvePoint serves enterprises, government agencies, and educational institutions seeking to ensure data security, regulatory compliance, and operational resilience.