Big Money All Over AvePoint

AVPT software helps companies transform their businesses for the digital age. Secure collaboration and digital transformation solutions are the core of AVPT’s business. The company has been able to build its public sector business, citing needs for data governance, control, security, and resiliency as strong growth opportunities.

The company’s third-quarter earnings report showed 45% growth in SaaS revenue and 22% growth in total revenue. AVPT has been able to keep its customers happy (88% gross retention rate) while also growing its gross margin by 73.7% from a year ago. Unsurprisingly, the company increased guidance for total annual revenue to nearly $330 million.

It’s no wonder AVPT shares are up 123% this year – and they could rise more. MAPsignals data shows how a rare bullish signal reflects Big Money investors are betting heavily on the forward picture of the stock.

AvePoint Being Transformed by Big Money Buying

Institutional volumes reveal plenty. In the last year, AVPT has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in AVPT shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with AvePoint.

AvePoint Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, AVPT has strong sales and earnings growth:

• 3-year sales growth rate (+21.6%)
• 3-year sales earnings rate (+63.6%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +39.5%.

Now it makes sense why the stock has been powering to new heights. AVPT has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

AvePoint has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last year, with more potentially on the horizon. The blue bars below show when AVPT was a top pick…sending shares up:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

AvePoint Price Prediction

The AVPT rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in AVPT at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.