Chief Legal Officer Brian Brown Sells 20,000 Shares of AvePoint Inc (AVPT)

Brian Brown, Chief Legal Officer of AvePoint Inc (AVPT, Financial), executed a sale of 20,000 shares in the company on January 2, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $7.92 per share, resulting in a total value of $158,400.

AvePoint Inc specializes in data management solutions that help organizations ensure data security, compliance, and optimized performance. The company offers a suite of software and services for Microsoft 365 data management, which includes solutions for migration, protection, and compliance.

Over the past year, the insider has sold a total of 130,000 shares of AvePoint Inc and has not made any purchases of the stock. The recent transaction by the insider is part of a series of sales that have occurred over the last year.

The insider transaction history for AvePoint Inc reveals a pattern of insider sales, with 8 recorded insider sells and no insider buys over the past year.

On the date of the insider's most recent transaction, shares of AvePoint Inc were trading at $7.92, giving the company a market capitalization of $1.434 billion.

1743090586740649984.png

Investors and stakeholders often monitor insider transactions as they can provide insights into the company's performance and insider perspectives on the stock's value. The consistent selling by insiders at AvePoint Inc may be of interest to market watchers and shareholders.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.