SG Americas Securities LLC Purchases 465,291 Shares of AvePoint, Inc. $AVPT

Key Points

• SG Americas Securities LLC increased its stake in AvePoint by 552.1% in Q4, buying 465,291 shares and bringing its total to 549,572 shares (about 0.25% of the company) valued at roughly $7.63 million.
• AvePoint reported Q4 EPS of $0.07, missing estimates of $0.09 while revenue of $114.69 million beat expectations; the stock trades near its one‑year low (about $9.30) with a market cap of ~$2.02 billion and a PE of ~58.6.
• Analysts maintain a consensus of "Moderate Buy" with a $17.11 target, though several firms have recently adjusted targets (e.g., Jefferies $16, Cantor Fitzgerald $15) and ratings split with ten Buys versus six Holds.

SG Americas Securities LLC raised its position in shares of AvePoint, Inc. (NASDAQ:AVPT - Free Report) by 552.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 549,572 shares of the company's stock after purchasing an additional 465,291 shares during the quarter. SG Americas Securities LLC owned 0.25% of AvePoint worth $7,634,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of AvePoint by 4.3% during the third quarter. Vanguard Group Inc. now owns 17,209,139 shares of the company's stock valued at $258,309,000 after acquiring an additional 704,825 shares in the last quarter. Parsifal Capital Management LP lifted its position in AvePoint by 61.2% in the 3rd quarter. Parsifal Capital Management LP now owns 8,522,740 shares of the company's stock valued at $127,926,000 after acquiring an additional 3,235,384 shares in the last quarter. Invesco Ltd. boosted its stake in AvePoint by 218.0% during the 2nd quarter. Invesco Ltd. now owns 5,335,882 shares of the company's stock valued at $103,036,000 after purchasing an additional 3,657,692 shares during the last quarter. Franklin Resources Inc. boosted its stake in AvePoint by 8.4% during the 3rd quarter. Franklin Resources Inc. now owns 2,309,378 shares of the company's stock valued at $34,700,000 after purchasing an additional 179,254 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of AvePoint by 0.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,045,221 shares of the company's stock worth $30,701,000 after purchasing an additional 15,940 shares in the last quarter. Institutional investors own 44.49% of the company's stock.

AvePoint Stock Performance

AvePoint stock opened at $9.37 on Tuesday. AvePoint, Inc. has a one year low of $9.30 and a one year high of $20.25. The stock has a fifty day moving average of $10.81 and a 200 day moving average of $12.86. The stock has a market cap of $2.02 billion, a PE ratio of 58.57 and a beta of 1.12.

AvePoint (NASDAQ:AVPT - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($0.02). AvePoint had a net margin of 8.34% and a return on equity of 8.19%. The firm had revenue of $114.69 million for the quarter, compared to the consensus estimate of $110.94 million. As a group, sell-side analysts predict that AvePoint, Inc. will post -0.03 EPS for the current fiscal year.

Analysts Set New Price Targets

AVPT has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of AvePoint in a report on Friday. Stephens started coverage on AvePoint in a research report on Monday, December 29th. They issued an "overweight" rating and a $18.00 target price for the company. Jefferies Financial Group lowered their target price on shares of AvePoint from $20.00 to $16.00 and set a "buy" rating on the stock in a research note on Tuesday, February 24th. Cantor Fitzgerald dropped their price target on shares of AvePoint from $18.00 to $15.00 and set an "overweight" rating on the stock in a report on Friday, February 27th. Finally, Zacks Research lowered shares of AvePoint from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 9th. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, AvePoint presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.11.

Insider Buying and Selling

In other AvePoint news, Chairman Xunkai Gong sold 27,998 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $13.39, for a total value of $374,893.22. Following the transaction, the chairman directly owned 14,920,668 shares in the company, valued at approximately $199,787,744.52. This trade 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 accessible through this hyperlink. Corporate insiders own 22.66% of the company's stock.

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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