AvePoint chief legal officer sells $852,000 in common stock

AvePoint's Chief Legal Officer and Director, Brian Michael Brown, sold 60,000 shares of the company's common stock on August 27, 2026, for a total of $852,000. At the time of the sale, each share was priced at $14.2. The sale occurred while AvePoint's stock has seen a robust 30% return over the last six months according to InvestingPro data, suggesting the stock is still undervalued compared to its Fair Value analysis.

Currently, AvePoint trades at a market capitalization of $3.03 billion and has demonstrated a revenue growth rate of 25% over the past year. The transaction was executed under a pre-approved Rule 10b5-1 trading plan that Brown established on December 16, 2025. Post the sale, Brown indirectly owns 384,604 shares via the Brian M. Brown Revocable Trust.

For an in-depth valuation of AvePoint, readers can refer to InvestingPro's Pro Research Reports, which cover over 1,400 US equities. Brown is a trustee of the trust and disclaims ownership of these shares, beyond his direct financial interest. Recently, AvePoint reported earnings and revenue that surpassed expectations for the second quarter of 2026, reporting adjusted earnings of $0.12 per share and revenue of $124.5 million, both exceeding analysts' estimates.

However, the company's stock price dipped after hours, influenced by factors such as higher expenditures and foreign exchange pressures. These are the latest updates on AvePoint. This report was AI-generated and reviewed by a human editor.