B. Riley Comments on AvePoint’s Q3 Earnings (NASDAQ:AVPT)

AvePoint, Inc. (NASDAQ:AVPT) – Research analysts at B. Riley lifted their Q3 2026 EPS estimates for shares of AvePoint in a note issued to investors on Sunday, September 14th. B. Riley analyst E. Suppiger now anticipates that the company will earn $0.05 per share for the quarter, up from their previous forecast of $0.04. B. Riley has a “Buy” rating and a $25.00 price objective on the stock. The consensus estimate for AvePoint’s current full-year earnings is ($0.03) per share.

A number of other research firms have also weighed in on AVPT. Cantor Fitzgerald upgraded shares of AvePoint to a “strong-buy” rating in a report on Friday, July 25th. Jefferies Financial Group began coverage on AvePoint in a report on Monday, July 21st. They issued a “buy” rating and a $22.00 price objective for the company. Finally, Citigroup reduced their target price on AvePoint from $19.00 to $18.00 and set a “neutral” rating on the stock in a research note on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given 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 $20.80.

AvePoint Stock Down 1.9%

Shares of AvePoint stock opened at $15.45 on Tuesday. The company’s fifty day simple moving average is $16.86 and its two-hundred day simple moving average is $16.79. AvePoint has a 12-month low of $11.43 and a 12-month high of $20.25. The firm has a market cap of $3.27 billion, a PE ratio of -308.94 and a beta of 1.40.

Hedge Funds Weigh In On AvePoint

Institutional investors have recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new position in AvePoint during the fourth quarter valued at $29,000. Versant Capital Management Inc bought a new position in shares of AvePoint in the 1st quarter worth about $31,000. Summit Securities Group LLC lifted its position in AvePoint by 621.7% during the 1st quarter. Summit Securities Group LLC now owns 2,627 shares of the company’s stock valued at $38,000 after acquiring an additional 2,263 shares during the period. Advisors Asset Management Inc. boosted its stake in AvePoint by 68.4% during the second quarter. Advisors Asset Management Inc. now owns 2,263 shares of the company’s stock worth $44,000 after acquiring an additional 919 shares in the last quarter. Finally, Quarry LP boosted its stake in AvePoint by 2,028.3% during the first quarter. Quarry LP now owns 3,831 shares of the company’s stock worth $55,000 after acquiring an additional 3,651 shares in the last quarter. Institutional investors own 44.49% of the company’s stock.

Insider Activity

In other news, insider Brian Michael Brown sold 35,000 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $15.47, for a total value of $541,450.00. Following the completion of the transaction, the insider owned 1,155,443 shares in the company, valued at $17,874,703.21. This trade represents a 2.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders sold 105,000 shares of company stock valued at $1,835,400. 26.19% of the stock is currently owned by corporate insiders.

AvePoint Company Profile

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.