Quantbot Technologies LP grew its holdings in shares of AvePoint, Inc. (NASDAQ:AVPT - Free Report) by 32.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 203,076 shares of the company's stock after purchasing an additional 49,329 shares during the period. Quantbot Technologies LP owned approximately 0.11% of AvePoint worth $3,353,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in AVPT. Global Retirement Partners LLC purchased a new position in AvePoint during the fourth quarter valued at $25,000. National Bank of Canada FI bought a new position in shares of AvePoint during the third quarter valued at $29,000. Heck Capital Advisors LLC purchased a new position in shares of AvePoint in the 4th quarter worth about $29,000. R Squared Ltd bought a new position in AvePoint in the 4th quarter worth about $45,000. Finally, Principal Securities Inc. grew its position in AvePoint by 12,961.9% during the 4th quarter. Principal Securities Inc. now owns 2,743 shares of the company's stock valued at $45,000 after purchasing an additional 2,722 shares during the last quarter. 44.49% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. Citigroup reduced their price target on shares of AvePoint from $18.00 to $16.00 and set a "neutral" rating for the company in a research report on Tuesday, March 11th. William Blair restated an "outperform" rating on shares of AvePoint in a research note on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $15.75.
Get Our Latest Research Report on AvePoint
AvePoint Trading Down 1.2 %
AVPT stock traded down $0.18 on Tuesday, hitting $15.26. The company had a trading volume of 569,228 shares, compared to its average volume of 1,146,386. AvePoint, Inc. has a 12-month low of $7.52 and a 12-month high of $19.90. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of -305.08 and a beta of 1.11. The stock's 50-day simple moving average is $17.09 and its 200 day simple moving average is $15.57.
AvePoint Profile
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Free Report)
AvePoint, Inc provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services.
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