AvePointAVPT
Market Cap: 2.01B
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 Q1 SEC filings by fund managers ($100M+ AUM)
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
10% more funds holding
Funds holding: 124 [Q4 2023] → 136 (+12) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]
0.07% less ownership
Funds ownership: 44.56% [Q4 2023] → 44.49% (-0.07%) [Q1 2024]
4% less capital invested
Capital invested by funds: $675M [Q4 2023] → $648M (-$26.4M) [Q1 2024]
13% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 48
85% less call options, than puts
Call options by funds: $1.29M | Put options by funds: $8.52M
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Northland Capital Markets Tim Savageaux | 66%upside $18 | Outperform Maintained | 17 Jun 2024 |
Cantor Fitzgerald Brett Knoblauch | 1%upside $11 | Overweight Maintained | 1 Mar 2024 |
Evercore ISI Group Kirk Materne | 8%downside $10 | Outperform Maintained | 1 Mar 2024 |