Market cap

As AvePoint, Inc.’s (NASDAQ: AVPT) market cap drops to US $ 1.5 billion, insiders may question their decision to buy earlier this year

Insiders who acquired for $ 3.4 million AvePoint, Inc. (NASDAQ: AVPT) at an average price of $ 9.76 over the past 12 months may be dismayed by the recent price decline of 6.7%. Insiders invest in the hope that their money will increase in value over time. However, due to recent losses, their initial investment is now only worth $ 2.9 million, which is not what they expected.

While we don’t think shareholders should just follow insider trading, we think it makes perfect sense to keep tabs on what insiders are doing.

See our latest review for AvePoint

AvePoint Insider Transactions in the Past Year

Over the past year, we can see that the biggest insider buy was made by independent director Chi On Ho for $ 2.0 million shares, at around $ 10.00 per share. This means that even when the stock price was above US $ 8.39 (the recent price), an insider wanted to buy stocks. Their perspective may have changed since, but it at least shows that they were feeling optimistic at the time. We always take careful note of the price insiders pay when they buy stocks. Typically, we are more positive about a stock if insiders bought stocks at prices higher than current prices, as this suggests that they viewed the stock as good value, even at a low price. higher.

AvePoint insiders may have bought shares in the past year, but they haven’t sold any. You can see insider trading (by companies and individuals) over the past year illustrated in the graph below. By clicking on the graph below, you can see the precise detail of each insider trade!

NasdaqGS: AVPT Insider Trading Volume October 2, 2021

There are always a lot of stocks that insiders buy. So if it suits your style, you can check each stock one by one or you can take a look at this free list of companies. (Hint: insiders buy them).

AvePoint insiders bought shares recently

It’s good to see that AvePoint insiders have made some notable investments in the shares of the company. Not only were there no sales that we can see, but they collectively bought $ 1.4 million worth of stock. It makes you think the company has good points.

AvePoint Insider Ownership

Many investors like to check how well a company is owned by insiders. Strong insider ownership often makes company management more concerned with the interests of shareholders. It’s great to see that AvePoint insiders own 33% of the company, worth around $ 499 million. Most shareholders would be happy to see this type of insider ownership, as it suggests that management’s incentives are well aligned with those of other shareholders.

So what does this data suggest about AvePoint insiders?

It’s good to see recent purchases. We also trust the longer term image of insider trading. However, we note that the company has not made a profit in the past twelve months, which makes us cautious. Once you factor in the high number of Insider Owners, it sure looks like insiders are positive about AvePoint. Attractive! While we love to know what’s going on with insider ownership and trading, we also make sure to consider the risks a stock faces before making any investment decisions. Concrete example: we have spotted 3 warning signs for AvePoint you need to be aware of it, and one of them is potentially serious.

If you would rather consult with another company – one with potentially superior finances – then don’t miss this free list of interesting companies, which have a HIGH return on equity and low leverage.

For the purposes of this article, insiders are those persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in the mentioned stocks.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.

If you decide to trade AvePoint, use the cheapest platform * which is ranked # 1 overall by Barron’s, Interactive brokers. Trade stocks, options, futures, currencies, bonds and funds in 135 markets, all from one integrated account.Promoted


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *