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This Insider Has Just Sold Shares In AvePoint

This Insider Has Just Sold Shares In AvePoint

這位內部人士剛剛出售了AvePoint的股票
Simply Wall St ·  05/23 07:19

We'd be surprised if AvePoint, Inc. (NASDAQ:AVPT) shareholders haven't noticed that the Chief Financial Officer, James Caci, recently sold US$362k worth of stock at US$9.04 per share. However, the silver lining is that the sale only reduced their total holding by 8.6%, so we're hesitant to read anything much into it, on its own.

AvePoint Insider Transactions Over The Last Year

Notably, that recent sale by James Caci is the biggest insider sale of AvePoint shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even below the current price of US$9.35. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 8.6% of James Caci's stake.

AvePoint insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
NasdaqGS:AVPT Insider Trading Volume May 23rd 2024

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership Of AvePoint

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that AvePoint insiders own 37% of the company, worth about US$641m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About AvePoint Insiders?

An insider hasn't bought AvePoint stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for AvePoint.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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