AvePoint (AVPT)

• Market cap: $3.35B
• 1 day: 0.85%
• 5 days: -2.61%
• 1 month: 2.23%
• 3 months: 49.83%
• 6 months: 80.52%
• Year to date: 126.46%
• 1 year: 116.06%
• 5 years: 49.71%
• 10 years: 49.71%
• 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)

57% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 23

33% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 55

21% more capital invested

Capital invested by funds: $884M [Q2] → $1.07B (+$188M) [Q3]

7% more funds holding

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

2.8% more ownership

Funds ownership: 45.81% [Q2] → 48.61% (+2.8%) [Q3]

25% less funds holding in top 10

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

64% less call options, than puts

Call options by funds: $5.19M | Put options by funds: $14.3M

Research analyst outlook

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

• Low target: $15 16% downside
• Avg. target: $15 16% downside
• High target: $15 16% downside

1 analyst rating

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

Goldman Sachs Gabriela Borges 76% 1-year accuracy 19 / 25 met price target

16% downside $15

Neutral Maintained

12 Nov 2024