AvePointAVPT
About: AvePoint Inc provides customizable solutions to optimize SaaS operations, enable secure collaboration, and accelerate digital transformation across technologies and industries. Its Confidence Platform delivers a comprehensive set of cloud-based solutions enabling IT operations, development operations, and cybersecurity professionals to monitor and secure the digital workplace using SaaS tools.
Employees: 2,543
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
247% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 15
34% more capital invested
Capital invested by funds: $652M [Q1] → $873M (+$222M) [Q2]
27% more funds holding
Funds holding: 137 [Q1] → 174 (+37) [Q2]
25% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 48
0.51% more ownership
Funds ownership: 44.73% [Q1] → 45.24% (+0.51%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
76% less call options, than puts
Call options by funds: $4.21M | Put options by funds: $17.3M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Northland Capital Markets Tim Savageaux 55% 1-year accuracy 6 / 11 met price target | 56%upside $19 | Outperform Maintained | 9 Aug 2024 |
Cantor Fitzgerald Brett Knoblauch 52% 1-year accuracy 40 / 77 met price target | 7%upside $13 | Overweight Maintained | 9 Aug 2024 |