
AvePoint, Inc. (NASDAQ:AVPT – Free Report) – Stock analysts at Scotiabank issued their FY2027 EPS estimates for shares of AvePoint in a note issued to investors on Thursday, March 5th. Scotiabank analyst J. Vandrick expects that the company will post earnings of $0.28 per share for the year. The consensus estimate for AvePoint’s current full-year earnings is ($0.03) per share.
AvePoint (NASDAQ:AVPT – Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.02). AvePoint had a net margin of 8.34% and a return on equity of 8.19%. The company had revenue of $114.69 million during the quarter, compared to analyst estimates of $110.94 million.
View Our Latest Stock Report on AVPT
AvePoint Price Performance
Shares of AVPT opened at $11.09 on Monday. AvePoint has a 12 month low of $9.85 and a 12 month high of $20.25. The stock’s 50-day moving average is $11.86 and its two-hundred day moving average is $13.51. The stock has a market cap of $2.39 billion, a PE ratio of 69.32 and a beta of 1.12.
Insiders Place Their Bets
In related news, Chairman Xunkai Gong sold 27,998 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $13.39, for a total transaction of $374,893.22. Following the sale, the chairman owned 14,920,668 shares in the company, valued at $199,787,744.52. This represents a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 26.19% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On AvePoint
Several institutional investors have recently made changes to their positions in AVPT. Global Retirement Partners LLC bought a new stake in shares of AvePoint in the 3rd quarter worth approximately $26,000. Kestra Advisory Services LLC bought a new stake in AvePoint in the fourth quarter valued at $28,000. Aster Capital Management DIFC Ltd boosted its holdings in shares of AvePoint by 698.8% during the third quarter. Aster Capital Management DIFC Ltd now owns 2,069 shares of the company’s stock valued at $31,000 after acquiring an additional 1,810 shares during the period. Advisors Asset Management Inc. grew its position in shares of 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 during the last quarter. Finally, Vestcor Inc acquired a new stake in shares of AvePoint in the 3rd quarter worth about $45,000. 44.49% of the stock is owned by institutional investors.
About AvePoint
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.
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