AvePoint, Inc. (NASDAQ:AVPT – Get Free Report) insider Brian Michael Brown sold 20,000 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $10.37, for a total value of $207,400.00. Following the completion of the sale, the insider now directly owns 1,297,373 shares in the company, valued at approximately $13,453,758.01. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Brian Michael Brown also recently made the following trade(s):
- On Monday, June 3rd, Brian Michael Brown sold 20,000 shares of AvePoint stock. The shares were sold at an average price of $9.05, for a total value of $181,000.00.
- On Wednesday, May 1st, Brian Michael Brown sold 20,000 shares of AvePoint stock. The shares were sold at an average price of $7.86, for a total value of $157,200.00.
AvePoint Trading Down 1.2 %
Shares of AvePoint stock opened at $10.30 on Tuesday. The firm has a market capitalization of $1.91 billion, a PE ratio of -128.75 and a beta of 0.89. The business’s 50-day moving average price is $8.99 and its 200-day moving average price is $8.31. AvePoint, Inc. has a 12 month low of $5.52 and a 12 month high of $10.45.
Hedge Funds Weigh In On AvePoint
Institutional investors and hedge funds have recently bought and sold shares of the stock. Harvest Fund Management Co. Ltd bought a new position in AvePoint during the 4th quarter worth approximately $47,000. SG Americas Securities LLC bought a new position in AvePoint during the 4th quarter worth approximately $95,000. Bayesian Capital Management LP bought a new position in AvePoint during the 1st quarter worth approximately $130,000. Quadrature Capital Ltd bought a new position in AvePoint during the 4th quarter worth approximately $148,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in AvePoint during the 4th quarter worth approximately $158,000. 44.49% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, Northland Securities increased their price objective on AvePoint from $12.00 to $18.00 and gave the company an “outperform” rating in a research report on Monday, June 17th.
Check Out Our Latest Stock Report on AVPT
About AvePoint
AvePoint, Inc provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services.
Featured Articles
- Five stocks we like better than AvePoint
- What is Insider Trading? What You Can Learn from Insider Trading
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- How to Invest in Insurance Companies: A GuideĀ
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- Best Aerospace Stocks Investing
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Receive News & Ratings for AvePoint Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AvePoint and related companies with MarketBeat.com's FREE daily email newsletter.