AvePoint Inc’s recent filing unveils that its Chief Financial Officer Caci James unloaded Company’s shares for reported $0.35 million on Nov 20 ’24. In the deal valued at $17.12 per share,20,215 shares were sold. As a result of this transaction, Caci James now holds 591,890 shares worth roughly $8.06 million.
Then, Lu Zhijian sold 10,000 shares, generating $178,100 in total proceeds. Upon selling the shares at $17.81, the 10% Owner now owns 18,260,673 shares.
Before that, Lu Zhijian sold 10,000 shares. AvePoint Inc shares valued at $171,200 were divested by the 10% Owner at a price of $17.12 per share. As a result of the transaction, Lu Zhijian now holds 18,270,673 shares, worth roughly $248.85 million.
Goldman initiated its AvePoint Inc [AVPT] rating to a Neutral in a research note published on February 14, 2023; the price target was $5.50. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early November with a ‘”a Neutral”‘ rating. Goldman also remained covering AVPT and has decreased its forecast on March 21, 2022 with a “Neutral” recommendation from previously “Buy” rating. Cantor Fitzgerald started covering the stock on January 11, 2022. It rated AVPT as “an Overweight”.
Price Performance Review of AVPT
On Tuesday, AvePoint Inc [NASDAQ:AVPT] saw its stock jump 0.89% to $13.62. Over the last five days, the stock has lost -8.22%. AvePoint Inc shares have fallen nearly -17.50% since the year began. Nevertheless, the stocks have risen 78.51% over the past one year. While a 52-week high of $19.90 was reached on 02/14/25, a 52-week low of $7.44 was recorded on 03/11/25. SMA at 50 days reached $17.37, while 200 days put it at $13.60.
Levels Of Support And Resistance For AVPT Stock
The 24-hour chart illustrates a support level at 13.20, which if violated will result in even more drops to 12.79. On the upside, there is a resistance level at 13.92. A further resistance level may holdings at 14.23. The Relative Strength Index (RSI) on the 14-day chart is 26.16, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.34%. Stochastics %K at 9.13% indicates the stock is a buying.
The most recent change occurred on August 16, 2021 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $14.50 price target.
