AvePoint (NASDAQ:AVPT) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen lowered shares of AvePoint (NASDAQ:AVPT – Free Report) from a buy rating to a hold rating in a research report sent to investors on Sunday,Wall Street Zen reports.

A number of other equities analysts also recently commented on the company. Jefferies Financial Group upped their target price on AvePoint from $16.00 to $20.00 and gave the company a “buy” rating in a report on Sunday, October 25th. Evercore reaffirmed an “outperform” rating and issued a $16.00 price target on shares of AvePoint in a research note on Friday, August 7th. Zacks Research cut shares of AvePoint from a “strong-buy” rating to a “hold” rating in a report on Monday, August 10th. Stephens boosted their price objective on shares of AvePoint from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Monday, September 21st. Finally, Weiss Ratings raised shares of AvePoint from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $17.64.

Read Our Latest Analysis on AvePoint

AvePoint Price Performance

NASDAQ AVPT opened at $16.55 on Friday. AvePoint has a 1 year low of $8.84 and a 1 year high of $17.52. The stock has a market capitalization of $3.50 billion, a PE ratio of 48.68 and a beta of 1.13. The business’s 50-day moving average is $14.54 and its 200 day moving average is $12.00.

AvePoint (NASDAQ:AVPT – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The business had revenue of $131.10 million for the quarter, compared to the consensus estimate of $129.39 million. AvePoint had a net margin of 15.67% and a return on equity of 17.11%. As a group, equities research analysts anticipate that AvePoint will post 0.25 earnings per share for the current year.

Insider Buying and Selling at AvePoint

In other news, insider Brian Brown sold 72,606 shares of the stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $15.26, for a total value of $1,107,967.56. Following the completion of the transaction, the insider owned 259,604 shares of the company’s stock, valued at approximately $3,961,557.04. This represents a 21.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 230,000 shares of company stock worth $3,430,412. 22.66% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On AvePoint

Several hedge funds have recently made changes to their positions in the company. Aberdeen Group plc bought a new stake in AvePoint in the third quarter worth $4,499,000. Russell Investments Group Ltd. grew its stake in shares of AvePoint by 78.9% in the third quarter. Russell Investments Group Ltd. now owns 193,247 shares of the company’s stock worth $2,655,000 after acquiring an additional 85,256 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of AvePoint by 50.2% in the third quarter. Fifth Third Bancorp now owns 7,194 shares of the company’s stock worth $101,000 after acquiring an additional 2,405 shares during the last quarter. Fulcrum Asset Management LLP increased its holdings in shares of AvePoint by 26,991.4% during the third quarter. Fulcrum Asset Management LLP now owns 18,964 shares of the company’s stock valued at $257,000 after acquiring an additional 18,894 shares in the last quarter. Finally, Brighton Jones LLC increased its holdings in shares of AvePoint by 17.3% during the third quarter. Brighton Jones LLC now owns 14,564 shares of the company’s stock valued at $205,000 after acquiring an additional 2,152 shares in the last quarter. 44.49% of the stock is currently owned by institutional investors.

Key Stories Impacting AvePoint

Here are the key news stories impacting AvePoint this week:

  • Positive Sentiment: Third-quarter revenue rose 19% year over year to $131.1 million, topping analyst expectations of $129.39 million. SaaS revenue grew 26% to $105.5 million, while total annual recurring revenue increased 27% to $495.1 million—indicators of continued demand and recurring-revenue growth. AvePoint third-quarter results
  • Positive Sentiment: AvePoint expects full-year 2026 revenue of $511.3 million to $513.3 million, slightly above FactSet’s $511 million estimate. The company’s raised outlook may support investor confidence in its growth trajectory. AvePoint revenue outlook
  • Positive Sentiment: Cantor Fitzgerald raised its price target to $19 from $15 and maintained an Overweight rating, signaling increased analyst optimism. Cantor Fitzgerald ratings
  • Neutral Sentiment: AvePoint appointed Ali Rohani as chief strategy and customer officer. The appointment may inform the company’s strategic direction, but its near-term financial impact is unclear. Leadership appointment
  • Negative Sentiment: EPS coverage is mixed: Zacks reports $0.12 per share versus an $0.08 consensus, while MarketBeat reports $0.08 versus a $0.09 consensus. The differing figures may reflect different earnings measures, but the reported miss could temper the otherwise positive revenue and growth news. Zacks earnings report

About AvePoint

(Get Free Report)

AvePoint, Inc (NASDAQ:AVPT) is a data management and governance software company that helps organizations protect, manage and modernize information across cloud, hybrid and on-premises environments. Its solutions are designed primarily for collaboration and productivity platforms, including Microsoft 365, SharePoint, Dynamics 365 and Salesforce.

The company’s product portfolio includes cloud backup and recovery, data migration, governance, security, compliance and administration tools.

Further Reading

Analyst Recommendations for AvePoint (NASDAQ:AVPT)

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