AvePoint Inc (NASDAQ: AVPT) is -8.72% lower on its value in year-to-date trading and has touched a low of $7.52 and a high of $19.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AVPT stock was last observed hovering at around $15.11 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $15.07, the stock is -0.96% and -11.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -0.26% at the moment leaves the stock 9.27% off its SMA200. AVPT registered 99.34% gain for a year compared to 6-month gain of 27.93%. The firm has a 50-day simple moving average (SMA 50) of $17.0543 and a 200-day simple moving average (SMA200) of $13.7916.
The stock witnessed a -21.88% loss in the last 1 month and extending the period to 3 months gives it a -19.20%, and is 9.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.69% over the week and 5.24% over the month.
AvePoint Inc (AVPT) has around 2934 employees, a market worth around $3.04B and $330.48M in sales. Fwd P/E is 46.83. Profit margin for the company is -8.80%. Distance from 52-week low is 100.40% and -24.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.42%).
with sales reaching $88.73M over the same period.The EPS is expected to grow by 271.08% this year, but quarterly earnings will post 16.54% year-over-year. Quarterly sales are estimated to grow 19.05% in year-over-year returns.
323.0 institutions hold shares in AvePoint Inc (AVPT), with institutional investors hold 91.50% of the company’s shares. The shares outstanding are 194.07M, and float is at 107.15M with Short Float at 6.27%. Institutions hold 60.18% of the Float.
The top institutional shareholder in the company is ANCHOR IV PTE. LTD. with over 16.67 million shares valued at $173.67 million. The investor’s holdings represent 9.1172 of the AVPT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 14.96 million shares valued at $155.93 million to account for 8.2451 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.18 million shares representing 5.6099 and valued at over $106.09 million, while STATE STREET CORP holds 1.7515 of the shares totaling 3.2 million with a market value of $33.36 million.
AvePoint Inc (AVPT) Insider Activity
The most recent transaction is an insider sale by Caci James, the company’s Chief Financial Officer. SEC filings show that Caci James sold 20,215 shares of the company’s common stock on Nov 20 ’24 at a price of $17.12 per share for a total of $0.35 million. Following the sale, the insider now owns 0.59 million shares.
AvePoint Inc disclosed in a document filed with the SEC on Nov 21 ’24 that Lu Zhijian (10% Owner) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $17.81 per share for $0.18 million. Following the transaction, the insider now directly holds 18.26 million shares of the AVPT stock.
Still, SEC filings show that on Nov 20 ’24, Lu Zhijian (10% Owner) disposed off 10,000 shares at an average price of $17.12 for $0.17 million. The insider now directly holds 18,270,673 shares of AvePoint Inc (AVPT).
