AvePoint, Inc.
AVPT · Services-Prepackaged Software · 212.0M shares · +25%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $3M (gross $39M, SBC $36M)
Reference price $13.39 · est. market cap ~$2.8B — last insider sale, 2026-01-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B72Data-management SaaS (Microsoft 365 ecosystem) — profitable and growing with positive free cash flow.
Strengths
- Profitable and growing — operating margin 8% (64th), net margin 8% (63rd), revenue +27% (74th)
- Positive free cash flow — FCF $82M, FCF margin 19%
Risks
- Net-income volatility — net income growth -220%
- Microsoft-ecosystem dependence — per 10-K
- Competition — per 10-K
Notable findings
- Customer concentration~76% of revenue from one customer/distributor — 2 million and represented 76% of total revenue, compared to 70% of revenue in 2024
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Chronic dilutionShare count +25%/yr over 4y (dilution)
- Strong balance sheetStrong balance sheet — $481M cash & investments
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, RENAISSANCE TECHNOLOGIES LLC, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
- Insider sellingInsider selling — 2 open-market sale(s) by 1 insider(s) (~$812,041, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
74.1%
Operating margin
7.9%
Net margin
8.3%
Return on assets
4.4%
Revenue growth (QoQ)
2.2%
Current ratio
2.3×
Free cash flow
$82M
EBITDA
$36M
Cash & investments
$481M
Stock comp / revenue
9.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-22 | Gong Xunkai | Option exercise | 206K | $9.97 |
| 2026-06-22 | Gong Xunkai | Option exercise | 744K | $9.97 |
| 2026-06-18 | Brown Brian Michael | Option exercise | 50K | $10.41 |
| 2026-06-12 | Caci James | Tax withheld | 6.1K | $10.87 |
| 2026-06-12 | Jiang Tianyi | Tax withheld | 2.9K | $10.87 |
| 2026-06-12 | Caci James | Tax withheld | 2.5K | $10.87 |
| 2026-06-12 | Brown Brian Michael | Tax withheld | 5.0K | $10.87 |
| 2026-06-12 | Brown Brian Michael | Tax withheld | 1.9K | $10.87 |
| 2026-06-12 | Gong Xunkai | Tax withheld | 3.8K | $10.87 |
| 2026-06-05 | Brown Brian Michael | Tax withheld | 278 | $10.74 |
| 2026-06-05 | Caci James | Tax withheld | 1.4K | $10.74 |
| 2026-06-05 | Jiang Tianyi | Tax withheld | 3.4K | $10.74 |
| 2026-06-05 | Jiang Tianyi | Tax withheld | 969 | $10.74 |
| 2026-06-05 | Gong Xunkai | Tax withheld | 4.4K | $10.74 |
| 2026-06-05 | Gong Xunkai | Tax withheld | 1.3K | $10.74 |
| 2026-06-05 | Caci James | Tax withheld | 4.0K | $10.74 |
| 2026-06-05 | Caci James | Tax withheld | 388 | $10.74 |
| 2026-06-05 | Brown Brian Michael | Tax withheld | 2.8K | $10.74 |
| 2026-06-05 | Brown Brian Michael | Tax withheld | 981 | $10.74 |
| 2026-06-04 | Brown Brian Michael | Tax withheld | 27 | $10.89 |
| 2026-06-01 | Epstein Jeff | Grant | 16K | $11.52 |
| 2026-06-01 | Ho John Chi On | Grant | 16K | $11.52 |
| 2026-06-01 | Teper Jeff | Grant | 16K | $11.52 |
| 2026-06-01 | SCHIJNS JANET | Grant | 16K | $11.52 |
| 2026-03-20 | Jiang Tianyi | Tax withheld | 4.7K | $10.30 |
| 2026-03-20 | Caci James | Tax withheld | 2.8K | $10.30 |
| 2026-03-20 | Brown Brian Michael | Tax withheld | 1.5K | $10.30 |
| 2026-03-20 | Gong Xunkai | Tax withheld | 6.1K | $10.30 |
| 2026-03-17 | Brown Brian Michael | Option exercise | 1.8K | — |
| 2026-03-16 | Brown Brian Michael | Grant | 143K | — |
| 2026-03-16 | Gong Xunkai | Grant | 190K | — |
| 2026-03-16 | Jiang Tianyi | Grant | 147K | — |
| 2026-03-16 | Brown Brian Michael | Grant | 48K | — |
| 2026-03-13 | Caci James | Tax withheld | 6.1K | $10.43 |
| 2026-03-13 | Caci James | Grant | 221K | — |
| 2026-03-13 | Caci James | Grant | 74K | — |
| 2026-03-13 | Gong Xunkai | Tax withheld | 4.0K | $10.43 |
| 2026-03-13 | Jiang Tianyi | Tax withheld | 2.9K | $10.43 |
| 2026-03-13 | Caci James | Tax withheld | 10K | $10.43 |
| 2026-03-13 | Brown Brian Michael | Tax withheld | 5.0K | $10.43 |
| 2026-03-13 | Brown Brian Michael | Tax withheld | 7.5K | $10.43 |
| 2026-03-05 | Gong Xunkai | Grant | 44K | $11.29 |
| 2026-03-05 | Gong Xunkai | Tax withheld | 49K | $11.29 |
| 2026-03-05 | Jiang Tianyi | Grant | 44K | $11.29 |
| 2026-03-05 | Jiang Tianyi | Tax withheld | 35K | $11.29 |
| 2026-03-05 | Caci James | Grant | 18K | $11.29 |
| 2026-03-05 | Caci James | Tax withheld | 18K | $11.29 |
| 2026-03-05 | Brown Brian Michael | Grant | 11K | $11.29 |
| 2026-03-05 | Brown Brian Michael | Tax withheld | 13K | $11.29 |
| 2026-02-04 | Brown Brian Michael | Tax withheld | 322 | $10.53 |
| 2026-01-13 | Gong Xunkai | Sell | 28K | $13.39 |
| 2026-01-12 | Gong Xunkai | Sell | 32K | $13.66 |
| 2025-12-30 | Brown Brian Michael | Other | 928 | $13.97 |
| 2025-12-19 | Jiang Tianyi | Tax withheld | 4.7K | $13.94 |
| 2025-12-19 | Brown Brian Michael | Tax withheld | 1.5K | $13.94 |
| 2025-12-19 | Caci James | Tax withheld | 2.8K | $13.94 |
| 2025-12-19 | Gong Xunkai | Tax withheld | 6.5K | $13.94 |
| 2025-12-12 | Brown Brian Michael | Tax withheld | 5.0K | $13.89 |
| 2025-12-12 | Brown Brian Michael | Option exercise | 21K | $13.89 |
| 2025-12-12 | Caci James | Tax withheld | 6.1K | $13.89 |
| 2025-12-12 | Jiang Tianyi | Tax withheld | 2.9K | $13.89 |
| 2025-12-12 | Gong Xunkai | Tax withheld | 4.0K | $13.89 |
| 2025-12-09 | Gong Xunkai | Sell | 10K | $13.38 |
| 2025-12-08 | Gong Xunkai | Sell | 50K | $13.46 |
| 2025-12-05 | Caci James | Tax withheld | 4.0K | $13.40 |
| 2025-12-05 | Brown Brian Michael | Tax withheld | 2.8K | $13.40 |
| 2025-11-04 | Gong Xunkai | Sell | 18K | $13.80 |
| 2025-11-03 | Gong Xunkai | Sell | 42K | $13.96 |
| 2025-10-24 | Brown Brian Michael | Sell | 1.8K | $15.03 |
| 2025-10-17 | Jiang Tianyi | Option exercise | 299K | $14.08 |
| 2025-10-17 | Jiang Tianyi | Option exercise | 159K | $14.08 |
| 2025-10-17 | Jiang Tianyi | Option exercise | 38K | $14.08 |
| 2025-10-15 | Jiang Tianyi | Other | 1.5M | $14.61 |
| 2025-10-15 | Jiang Tianyi | Other | 1.5M | $14.61 |
| 2025-10-13 | Jiang Tianyi | Option exercise | 363K | $14.61 |
| 2025-10-13 | Jiang Tianyi | Option exercise | 570K | $14.61 |
| 2025-10-13 | Jiang Tianyi | Option exercise | 1.7M | $14.61 |
| 2025-10-07 | Gong Xunkai | Sell | 4.2K | $15.08 |
| 2025-10-06 | Gong Xunkai | Sell | 56K | $15.31 |
| 2025-09-30 | Gong Xunkai | Sell | 28K | $14.84 |
| 2025-09-29 | Gong Xunkai | Sell | 32K | $15.34 |
| 2025-09-23 | Brown Brian Michael | Sell | 16K | $15.53 |
| 2025-09-23 | Brown Brian Michael | Sell | 18K | $15.59 |
| 2025-09-23 | Brown Brian Michael | Sell | 679 | $15.49 |
| 2025-09-22 | Brown Brian Michael | Option exercise | 30K | $15.75 |
| 2025-09-19 | Caci James | Tax withheld | 2.8K | $15.67 |
| 2025-09-19 | Brown Brian Michael | Tax withheld | 1.5K | $15.67 |
| 2025-09-19 | Jiang Tianyi | Tax withheld | 4.7K | $15.67 |
| 2025-09-19 | Gong Xunkai | Tax withheld | 6.5K | $15.67 |
| 2025-09-18 | Caci James | Sell | 216K | $15.21 |
| 2025-09-18 | Ho John Chi On | Sell | 650K | $15.21 |
| 2025-09-18 | Gong Xunkai | Sell | 2.1M | $15.21 |
| 2025-09-18 | Jiang Tianyi | Sell | 2.1M | $15.21 |
| 2025-09-18 | Brown Brian Michael | Sell | 500K | $15.21 |
| 2025-09-12 | Gong Xunkai | Tax withheld | 4.0K | $15.61 |
| 2025-09-12 | Jiang Tianyi | Tax withheld | 2.9K | $15.61 |
| 2025-09-12 | Brown Brian Michael | Tax withheld | 5.0K | $15.61 |
| 2025-09-12 | Caci James | Tax withheld | 6.1K | $15.61 |
| 2025-09-05 | Caci James | Tax withheld | 4.0K | $16.27 |
| 2025-09-05 | Brown Brian Michael | Tax withheld | 2.8K | $16.27 |
| 2025-08-29 | Brown Brian Michael | Tax withheld | 7.3K | $16.36 |
| 2025-08-29 | Gong Xunkai | Tax withheld | 11K | $16.36 |
| 2025-08-29 | Jiang Tianyi | Tax withheld | 7.7K | $16.36 |
| 2025-08-25 | Brown Brian Michael | Sell | 35K | $15.47 |
| 2025-07-23 | Brown Brian Michael | Sell | 35K | $18.74 |
| 2025-06-24 | Jiang Tianyi | Gift | 22K | $19.08 |
| 2025-06-23 | Brown Brian Michael | Sell | 35K | $18.23 |
| 2025-06-20 | SCHIJNS JANET | Grant | 9.7K | $17.96 |
| 2025-06-20 | Lu Zhijian | Tax withheld | 721 | $17.96 |
| 2025-06-20 | Caci James | Tax withheld | 2.8K | $17.96 |
| 2025-06-20 | Gong Xunkai | Tax withheld | 6.5K | $17.96 |
| 2025-06-20 | Jiang Tianyi | Tax withheld | 4.7K | $17.96 |
| 2025-06-20 | Brown Brian Michael | Tax withheld | 1.5K | $17.96 |
| 2025-06-20 | Epstein Jeff | Grant | 9.7K | $17.96 |
| 2025-06-20 | Teper Jeff | Grant | 9.7K | $17.96 |
| 2025-06-20 | Ho John Chi On | Grant | 9.7K | $17.96 |
| 2025-06-13 | Gong Xunkai | Tax withheld | 4.0K | $18.59 |
| 2025-06-13 | Lu Zhijian | Tax withheld | 1.2K | $18.59 |
| 2025-06-13 | Caci James | Tax withheld | 6.1K | $18.59 |
| 2025-06-13 | Jiang Tianyi | Tax withheld | 2.9K | $18.59 |
| 2025-06-13 | Brown Brian Michael | Tax withheld | 5.0K | $18.59 |
| 2025-06-05 | Lu Zhijian | Tax withheld | 910 | $18.95 |
| 2025-06-05 | Caci James | Tax withheld | 4.0K | $18.95 |
| 2025-06-05 | Brown Brian Michael | Tax withheld | 2.8K | $18.95 |
| 2025-06-02 | Epstein Jeff | Sell | 500K | $18.77 |
| 2025-06-01 | Lu Zhijian | Tax withheld | 586 | $18.65 |
| 2025-06-01 | Gong Xunkai | Tax withheld | 11K | $18.65 |
| 2025-06-01 | Jiang Tianyi | Tax withheld | 7.7K | $18.65 |
| 2025-06-01 | Brown Brian Michael | Tax withheld | 7.3K | $18.65 |
| 2025-05-23 | Brown Brian Michael | Sell | 35K | $18.19 |
| 2025-04-23 | Brown Brian Michael | Sell | 35K | $15.11 |
| 2025-03-24 | Brown Brian Michael | Sell | 35K | $15.40 |
| 2025-03-21 | Caci James | Tax withheld | 2.8K | $15.05 |
| 2025-03-21 | Brown Brian Michael | Tax withheld | 1.5K | $15.05 |
| 2025-03-21 | Gong Xunkai | Tax withheld | 6.1K | $15.05 |
| 2025-03-14 | Brown Brian Michael | Grant | 67K | $14.66 |
| 2025-03-14 | Brown Brian Michael | Grant | 22K | $14.66 |
| 2025-03-14 | Jiang Tianyi | Grant | 68K | $14.66 |
| 2025-03-14 | Gong Xunkai | Grant | 85K | $14.66 |
| 2025-03-13 | Caci James | Tax withheld | 6.1K | $13.79 |
| 2025-03-13 | Brown Brian Michael | Tax withheld | 5.0K | $13.79 |
| 2025-03-13 | Jiang Tianyi | Tax withheld | 2.9K | $13.79 |
| 2025-03-13 | Gong Xunkai | Tax withheld | 3.8K | $13.79 |
| 2025-03-05 | Brown Brian Michael | Tax withheld | 11K | $15.30 |
| 2025-03-05 | Lu Zhijian | Tax withheld | 3.6K | $15.30 |
| 2025-03-01 | Gong Xunkai | Tax withheld | 9.9K | $14.94 |
| 2025-03-01 | Brown Brian Michael | Tax withheld | 7.3K | $14.94 |
| 2025-03-01 | Jiang Tianyi | Tax withheld | 7.7K | $14.94 |
| 2025-03-01 | Lu Zhijian | Tax withheld | 586 | $14.94 |
| 2025-02-11 | Epstein Jeff | Grant | 89K | $19.49 |
| 2024-12-31 | Caci James | Tax withheld | 2.6K | $16.51 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-07 | 2026-03-31 | 0001437749-26-015588 ↗ |
| 8-K | 2026-05-07 | 2026-05-05 | 0001437749-26-015601 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001171843-26-003157 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001437749-26-005907 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001171843-26-001140 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001171843-25-007094 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001437749-25-033626 ↗ |
| 8-K | 2025-09-16 | 2025-09-16 | 0001437749-25-029175 ↗ |
| 8-K | 2025-08-07 | 2025-08-07 | 0001171843-25-005182 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001437749-25-025492 ↗ |
| 8-K | 2025-07-16 | 2025-07-16 | 0001437749-25-022832 ↗ |
| 8-K/A | 2025-06-11 | 2025-06-09 | 0001437749-25-020044 ↗ |