11.96
price up icon1.10%   +0.13
after-market  After Hours:  11.96 
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AvidXchange Holdings Inc stock is currently priced at $11.96, with a 24-hour trading volume of 601.66K. It has seen a +1.10% increased in the last 24 hours and a -6.71% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $11.77 pivot point. If it approaches the $11.98 resistance level, significant changes may occur.
Previous Close:
$11.83
Open:
$11.93
24h Volume:
601.66K
Market Cap:
$2.44B
Revenue:
$380.72M
Net Income/Loss:
$-47.33M
P/E Ratio:
-27.81
EPS:
-0.43
Net Cash Flow:
$-9.85M
1W Performance:
+4.45%
1M Performance:
-6.71%
6M Performance:
+41.04%
1Y Performance:
+62.72%
1D Range:
Value
$11.82
$12.02
52W Range:
Value
$6.88
$13.56

AvidXchange Holdings Inc Stock (AVDX) Company Profile

Name
Name
AvidXchange Holdings Inc
Name
Phone
800 560 9305
Name
Address
1210 AvidXchange Lane, Charlotte
Name
Employee
1,500
Name
Twitter
Name
Next Earnings Date
2024-05-08
Name
Latest SEC Filings
Name
AVDX's Discussions on Twitter

AvidXchange Holdings Inc Stock (AVDX) Upgrades & Downgrades

Date Action Analyst Rating Change
Jan-02-24 Downgrade Piper Sandler Overweight → Neutral
Dec-06-23 Initiated BTIG Research Buy
Dec-05-23 Initiated BMO Capital Markets Market Perform
Oct-31-23 Initiated Wells Fargo Equal Weight
Oct-20-23 Initiated UBS Buy
Jul-18-23 Initiated Susquehanna Positive
Nov-03-22 Downgrade BofA Securities Neutral → Underperform
Apr-28-22 Initiated Morgan Stanley Equal-Weight
Apr-20-22 Initiated Robert W. Baird Outperform
Apr-08-22 Downgrade Goldman Buy → Neutral
Jan-27-22 Initiated SMBC Nikko Outperform
Nov-15-21 Initiated BofA Securities Neutral
Nov-08-21 Initiated Barclays Overweight
Nov-08-21 Initiated Credit Suisse Outperform
Nov-08-21 Initiated Deutsche Bank Buy
Nov-08-21 Initiated Goldman Buy
Nov-08-21 Initiated JP Morgan Overweight
Nov-08-21 Initiated KeyBanc Capital Markets Overweight
Nov-08-21 Initiated Piper Sandler Overweight
Nov-08-21 Initiated Wolfe Research Outperform
View All

AvidXchange Holdings Inc Stock (AVDX) Financials Data

AvidXchange Holdings Inc (AVDX) Revenue 2024

AVDX reported a revenue (TTM) of $380.72 million for the quarter ending December 31, 2023, a +20.35% rise year-over-year.
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AvidXchange Holdings Inc (AVDX) Net Income 2024

AVDX net income (TTM) was -$47.33 million for the quarter ending December 31, 2023, a +53.27% increase year-over-year.
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AvidXchange Holdings Inc (AVDX) Cash Flow 2024

AVDX recorded a free cash flow (TTM) of -$9.85 million for the quarter ending December 31, 2023, a +82.56% increase year-over-year.
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AvidXchange Holdings Inc (AVDX) Earnings per Share 2024

AVDX earnings per share (TTM) was -$0.23 for the quarter ending December 31, 2023, a +55.77% growth year-over-year.
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AvidXchange Holdings Inc Stock (AVDX) Insider Trading

Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total
Stahl Ryan
See Remarks
Mar 18 '24
Sale
12.43
4,217
52,417
384,588
Wilhite Joel
See Remarks
Mar 15 '24
Sale
12.28
136,158
1,672,020
454,878
Stahl Ryan
See Remarks
Mar 15 '24
Sale
12.37
31,215
386,083
388,805
Drees Daniel
President
Mar 15 '24
Sale
12.37
12,978
160,535
768,348
Praeger Michael
Chief Executive Officer
Mar 14 '24
Option Exercise
4.17
46,692
194,706
10,517,152
Praeger Michael
Chief Executive Officer
Mar 14 '24
Sale
12.55
46,692
586,031
10,470,460
Gibson Angelic
See Remarks
Mar 12 '24
Sale
13.00
40,000
520,000
430,606
Cunningham Todd Alan
See Remarks
Mar 08 '24
Option Exercise
0.27
53,772
14,518
360,325
Praeger Michael
Chief Executive Officer
Mar 08 '24
Sale
12.80
105,386
1,348,625
10,470,460
Praeger Michael
Chief Executive Officer
Mar 01 '24
Sale
13.15
69,508
914,030
10,183,941
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was founded in 2000 and is headquartered in Charlotte, North Carolina.
software_infrastructure MDB
$383.80
price up icon 4.83%
software_infrastructure NET
$88.01
price up icon 1.44%
software_infrastructure SQ
$74.48
price up icon 2.32%
$64.18
price up icon 0.23%
$22.52
price up icon 3.73%
$304.07
price up icon 2.03%
Cap:     |  Volume (24h):