AvePoint chief legal officer sells $141,100 in stock

Brian Michael Brown, Chief Legal Officer and Director at AvePoint Inc. (AVPT), sold 10,000 shares on September 30, 2026 for $14.11 per share, netting $141,100. The stock has increased to $14.57, marking a 54% return over the past six months. This transaction was carried out through a Rule 10b5-1 trading plan adopted by Brown on December 16, 2025.

After the sale, Brown's indirect beneficial ownership in the company is now 364,604 shares, held by the Brian M. Brown Revocable Trust, of which he serves as trustee. Brown has disclaimed beneficial ownership of these shares except for his financial interest. According to InvestingPro analysis, AvePoint appears undervalued at its current price.

The company has been receiving attention from analysts, with BMO Capital initiating coverage on it with an outperform rating and a price target of $17.00, noting AvePoint's strong standing in data management ahead of the AI surge. D.A. Davidson kept a Buy rating with an $18.00 price target, and Cantor Fitzgerald maintained an Overweight rating with a $15.00 target.

Stephens also raised its price target to $17.00, anticipating mid-20% annual recurring revenue growth fueled by AI advancements in data protection and management.