AvePoint (NASDAQ:AVPT) Sets New 1-Year Low - Should You Sell?

Key Points

• AvePoint (AVPT) hit a new 52-week low, trading as low as $9.30 and last at $9.37 on heavy volume (~2.2M shares).
• Analysts maintain a consensus Moderate Buy rating with an average target of $17.11, although several firms have recently trimmed their price targets.
• In the latest quarter AvePoint reported EPS of $0.07 (missing the $0.09 consensus) while revenue of $114.69M beat estimates, and the stock trades below its 50‑ and 200‑day moving averages ($10.87 and $12.91).

AvePoint, Inc. (NASDAQ:AVPT - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $9.30 and last traded at $9.37, with a volume of 2202103 shares trading hands. The stock had previously closed at $9.44.

Analysts Set New Price Targets

AVPT has been the subject of several recent research reports. Stephens assumed coverage on shares of AvePoint in a research report on Monday, December 29th. They issued an "overweight" rating and a $18.00 target price for the company. DA Davidson reduced their price objective on shares of AvePoint from $20.00 to $18.00 and set a "buy" rating for the company in a research note on Thursday, February 19th. Jefferies Financial Group decreased their price objective on shares of AvePoint from $20.00 to $16.00 and set a "buy" rating for the company in a report on Tuesday, February 24th. Citigroup lowered their target price on shares of AvePoint from $15.00 to $13.00 and set a "neutral" rating on the stock in a research report on Monday, March 2nd. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of AvePoint in a report on Friday. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $17.11.

AvePoint Trading Down 0.7%

The company's fifty day moving average is $10.87 and its 200-day moving average is $12.91. The firm has a market capitalization of $2.02 billion, a P/E ratio of 58.57 and a beta of 1.12.

AvePoint (NASDAQ:AVPT - Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.02). AvePoint had a return on equity of 8.19% and a net margin of 8.34%.The firm had revenue of $114.69 million during the quarter, compared to the consensus estimate of $110.94 million. On average, equities research analysts anticipate that AvePoint, Inc. will post -0.03 EPS for the current year.

Insider Buying and Selling at AvePoint

In related news, Chairman Xunkai Gong sold 32,002 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $13.66, for a total transaction of $437,147.32. Following the completion of the sale, the chairman owned 14,948,666 shares in the company, valued at $204,198,777.56. This represents a 0.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 22.66% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its stake in shares of AvePoint by 31.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 37,621 shares of the company's stock worth $523,000 after acquiring an additional 8,925 shares during the last quarter. Pacer Advisors Inc. raised its stake in AvePoint by 81.2% during the 4th quarter. Pacer Advisors Inc. now owns 21,381 shares of the company's stock valued at $297,000 after purchasing an additional 9,580 shares during the last quarter. Vident Advisory LLC boosted its holdings in AvePoint by 17.6% in the 4th quarter. Vident Advisory LLC now owns 25,690 shares of the company's stock valued at $357,000 after purchasing an additional 3,843 shares during the period. XTX Topco Ltd acquired a new stake in AvePoint in the 4th quarter worth $515,000. Finally, Zacks Investment Management bought a new position in shares of AvePoint during the 4th quarter worth about $506,000. 44.49% of the stock is currently owned by institutional investors and hedge funds.

AvePoint Company Profile

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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