AvidXchange (AVDX) News Today

AvidXchange Holdings, Inc. (NASDAQ:AVDX - Get Free Report) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 6,690,000 shares, a decrease of 13.5% from the May 15th total of 7,730,000 shares. Currently, 4.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,630,000 shares, the days-to-cover ratio is presently 4.1 days.

Par Capital Management Inc. lifted its holdings in AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 10.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,750,000 shares of the company's stock

Shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Get Free Report) have earned a consensus recommendation of "Hold" from the eleven ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have given a

BlueMar Capital Management LLC lowered its position in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 36.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 176,149 shares

AvidXchange Holdings, Inc. (NASDAQ:AVDX - Get Free Report) CEO Michael Praeger sold 29,192 shares of the company's stock in a transaction on Tuesday, June 11th. The shares were sold at an average price of $10.85, for a total transaction of $316,733.20. Following the completion of the transaction, the chief executive officer now owns 10,440,510 shares of the company's stock, valued at $113,279,533.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Gillson Capital LP increased its stake in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 871.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 619,893 shares of the company's stock

Intrinsic Edge Capital Management LLC grew its holdings in AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 79.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,785,445 shares of the co

Azora Capital LP cut its holdings in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 56.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 240,984 shares of the company's stock after

Bain Capital Venture Investors LLC decreased its holdings in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 17.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 11,639,898 shares of the company's stock after selling 2,500,000 shares dur

UBS Group AG increased its position in AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 438.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 548,954 shares of the company's stock after buying an additional 446,949 shares during the period. UBS Gro

Kodai Capital Management LP bought a new position in AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 162,568 shares of the company's stock, valued at approximatel

AvidXchange Holdings, Inc. (NASDAQ:AVDX - Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 7,730,000 shares, a growth of 6.0% from the April 30th total of 7,290,000 shares. Based on an average trading volume of 1,900,000 shares, the short-interest ratio is presently 4.1 days. Approximately 4.6% of the company's shares are short sold.

Dimensional Fund Advisors LP lifted its holdings in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 17.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,864,725 shares of the company's

AvidXchange Holdings, Inc. (NASDAQ:AVDX - Get Free Report) insider Todd Alan Cunningham sold 28,424 shares of the firm's stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $11.02, for a total value of $313,232.48. Following the completion of the transaction, the insider now directly owns 336,017 shares in the company, valued at $3,702,907.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Trexquant Investment LP boosted its holdings in AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 350.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 269,669 shares of the company's stock after

AvidXchange Holdings, Inc. (NASDAQ:AVDX - Get Free Report) CEO Michael Praeger sold 43,738 shares of the business's stock in a transaction on Monday, May 20th. The shares were sold at an average price of $11.11, for a total transaction of $485,929.18. Following the transaction, the chief executive officer now owns 10,440,510 shares of the company's stock, valued at $115,994,066.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Massachusetts Financial Services Co. MA lifted its holdings in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 24.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,783,275 shares of the com

Nikko Asset Management Americas Inc. grew its position in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 24.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,877,536 shares of the company's stock a

AvidXchange Holdings, Inc. (NASDAQ:AVDX - Get Free Report) insider Joel Wilhite sold 12,363 shares of the company's stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $11.24, for a total value of $138,960.12. Following the transaction, the insider now directly owns 466,491 shares in the company, valued at $5,243,358.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Russell Investments Group Ltd. increased its holdings in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 3,611.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 234,061 shares of the company's stock after

Barclays decreased their price target on AvidXchange from $16.00 to $14.00 and set an "overweight" rating on the stock in a research note on Monday.

TimesSquare Capital Management LLC lessened its holdings in AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 7.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,845,849 shares of the company's stoc

AvidXchange (NASDAQ:AVDX) Trading Down 6.8%

Lisanti Capital Growth LLC bought a new stake in AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 105,920 shares of the company's stock, valued at approximately $1,312

AvidXchange Holdings, Inc. (NASDAQ:AVDX - Get Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 6,890,000 shares, a decline of 9.5% from the March 31st total of 7,610,000 shares. Based on an average daily volume of 1,700,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 4.4% of the shares of the stock are short sold.

Federated Hermes Inc. lessened its position in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) by 23.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 954,730 shares of the company's stock after selling 295,776 shares dur

Calamos Advisors LLC acquired a new stake in AvidXchange Holdings, Inc. (NASDAQ:AVDX - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 151,359 shares of the company's stock, valued at ap