AvePoint (AVPT) CLO Brian Michael Brown Sells $575K of Stock
Key Points
- Brian Michael Brown, the Chief Legal Officer at AvePoint, sold 35,000 shares for $16.42 each, totaling $574,700.
- After this sale, Brown now holds 224,604 shares, cutting his stake by about 13.5%.
- AvePoint's stock recently traded at $16.85, which is about 2.1% above its closing price of $16.51 on the day of the sale.
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On October 23, 2026, Brian Michael Brown, the Chief Legal Officer at AvePoint, Inc. (AVPT), sold 35,000 shares for about $574,700. This sale occurred at a price of $16.42 per share, while the stock closed at $16.51 on the same day, according to his Form 4 filing with the SEC.
Brown's sale reduces his holdings to 224,604 shares, marking a cut of about 13.5%. This is part of a recent trend where he has sold shares multiple times over the past couple of months, including a sale of 72,606 shares just three days earlier on October 20.
Other Institutional Activity in AvePoint, Inc.
Anchor @ 65 Pte. Ltd. holds 19,910,510 shares, valued at about $335.5 million, without any change in their position. Shaw D.E. & Co., Inc. trimmed its stake by 1,015,220 shares, leaving it with 4,493,297 shares worth about $75.7 million. Meanwhile, Parsifal Capital Management, LP slightly increased its holdings by 16,389 shares, bringing its total to 3,827,722 shares valued at around $64.5 million.
AvePoint, Inc. Stock Up 4.8%
AvePoint's stock is currently trading around $16.85, which is about 2.1% above its closing price of $16.51 on October 23. The stock has seen a significant rise, trading well above its 50-day moving average of $13.85 and its 200-day average of $11.79. Additionally, it is nearly at its 52-week high of $16.70, reflecting strong performance in the market.
Recent Earnings
AvePoint reported trailing twelve-month revenue of $466.2 million, with a year-over-year growth of 22.0%. The company has a net profit margin of 15.3% and a return on equity of 16.2%. Its next earnings report is scheduled for November 5, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
1 target cuts vs 0 raises.
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EPS & revenue
EPS beat estimates by 21.2%. Revenue missed estimates by 1.0%.
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Profit surprise
EBITDA missed by 33 percent. Operating income missed by 38 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
1 target cut.
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Earnings quality
Gross margin down 1.5 points. Operating margin up 7.3 points. Negative free cash flow.
Earnings Call Summary
The company delivered $117 million in first-quarter revenue, up 26 percent year over year, beating expectations by roughly $1 million. SaaS revenue jumped 35 percent and now represents 80 percent of the business. Management emphasized strong traction in AI governance and data protection, noting that enterprise demand for controlling and auditing AI agents has become a major driver of growth across regulated industries including healthcare and financial services.
Guidance AvePoint raised its full-year ARR target to between $523 million and $529 million, up 26 percent year over year. For the second quarter, management expects $120 million to $122 million in revenue, growing 19 percent. However, currency headwinds reduced the overall revenue raise because more of 2026 deals are now coming in as cloud subscriptions rather than upfront term licenses.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Analysts Set New Price Targets
On October 6, 2026, BMO Capital initiated coverage on AvePoint with an Outperform rating and a price target of $17.00. This follows earlier ratings from firms like TD Cowen and Evercore ISI Group, both maintaining a Buy rating with targets of $15.00 and $16.00, respectively. The consensus from analysts suggests a positive outlook, with a mean target price of around $16.81.
About AvePoint, Inc.
AvePoint, Inc. offers cloud-native data management software, helping organizations manage their data across various platforms like Microsoft and Salesforce. This recent insider activity reflects ongoing changes in leadership stakes as the company approaches its next earnings report.
Bottom Line
Brian Michael Brown's recent sales of AvePoint shares indicate a strategic move as he adjusts his holdings. Investors should watch for the upcoming earnings report on November 5, 2026, which could provide further insights into the company’s performance.
Source: Brian Michael Brown's Form 4 filing on $AVPT (Oct 23, 2026). Written by software, not financial advice. How we make alerts