11.96
1.10%
+0.13
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%
AvidXchange Holdings Inc Stock (AVDX) Company Profile
Name
AvidXchange Holdings Inc
Sector
Industry
Phone
800 560 9305
Address
1210 AvidXchange Lane, Charlotte
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) Latest News
What's Going On With AvidXchange Stock Monday?
Benzinga
AvidXchange Announces Timing of Its First Quarter 2024 Financial Results Conference Call and Webcast
GlobeNewswire Inc.
A Glimpse Into The Expert Outlook On AvidXchange Holdings Through 6 Analysts
Benzinga
Wall Street Analysts See AvidXchange (AVDX) as a Buy: Should You Invest?
Zacks Investment Research
AvidXchange Announces Board Additions and Transitions
GlobeNewswire Inc.
AvidXchange Holdings, Inc. (AVDX) Outperforms Broader Market: What You Need to Know
Zacks Investment Research
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.
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.
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.
AvidXchange Holdings Inc (AVDX) Earnings per Share 2024
AVDX earnings per share (TTM) was -$0.23 for the quarter ending December 31, 2023, a +55.77% growth year-over-year.
AvidXchange Holdings Inc Stock (AVDX) Insider Trading
Insider Trading | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total |
---|---|---|---|---|---|---|---|
Drees Daniel | President |
Mar 20 '24 |
Sale |
13.02 |
17,604 |
229,142 |
750,744 |
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 |
About AvidXchange Holdings Inc
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.
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