AvePoint (AVPT)

• Market cap: $3.1B
• 1 day: 1.53%
• 5 days: 2.10%
• 1 month: -11.26%
• 3 months: 34.12%
• 6 months: 57.77%
• Year to date: -0.42%
• 1 year: 106.62%
• 5 years: 38.49%
• 10 years: 38.49%
• Sector: Information Technology
• Industry: Prepackaged Software

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 Q3 regulatory filings by fund managers ($100M+ AUM)

71% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 21

33% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 55

21% more capital invested

Capital invested by funds: $898M [Q2] → $1.09B (+$192M) [Q3]

7% more funds holding

Funds holding: 174 [Q2] → 187 (+13) [Q3]

2.89% more ownership

Funds ownership: 46.54% [Q2] → 49.43% (+2.89%) [Q3]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]

57% less call options, than puts

Call options by funds: $7.85M | Put options by funds: $18.1M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $15 9% downside
• Avg. target: $15 9% downside
• High target: $15 9% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Goldman Sachs Gabriela Borges 46% 1-year accuracy 13 / 28 met price target

9% downside $15

Neutral Maintained

12 Nov 2024