On May 1, 2024, Brian Brown, the Chief Legal Officer of AvePoint Inc (AVPT, Financial), sold 20,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail here.
AvePoint Inc specializes in data management solutions that enhance Microsoft 365 and SharePoint technologies. The company provides a suite of software and services to facilitate information management, governance, and compliance across enterprise environments.
Following this transaction, the insider has sold a total of 210,000 shares over the past year, with no recorded purchases. This latest sale occurred with the stock priced at $7.86 per share, resulting in a market cap of approximately $1.48 billion for AvePoint Inc.
The price at which the shares were sold places AvePoint Inc with a GF Value of $7.64, indicating a price-to-GF-Value ratio of 1.03. This suggests that the stock is Fairly Valued according to the GF Value assessment.
The GF Value is determined by considering historical valuation multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
Over the past year, there have been no insider buys and 13 insider sells at AvePoint Inc, reflecting a trend of insider sales.
This insider activity and valuation metrics provide investors with insights into both the company's stock performance and insider sentiment.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
