Avid Technology Company Profile (OTCMKTS:AVID)

About Avid Technology (OTCMKTS:AVID)

Avid Technology logoAvid Technology, Inc. is a provider of an open and integrated technology platform, along with applications and services that enable the creation, distribution and monetization of audio and video content. The Company develops, markets, sells and supports software and hardware for digital media content production, management, secured content storage and distribution. The Company's products are used in production and post-production facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communication departments, and by independent video and audio creative professionals, as well as aspiring professionals and enthusiasts. Projects produced using its products include feature films, television programs, live events, news broadcasts, commercials, music, video and other digital media content.

Industry, Sector and Symbol:
  • Sector: Technology
  • Industry: Multimedia & Graphics Software
  • Sub-Industry: Computer Hardware
  • Symbol: OTCMKTS:AVID
  • CUSIP: 05367P10
  • Web: N/A
Capitalization:
  • Market Cap: $221.94 million
  • Outstanding Shares: 40,873,000
Average Prices:
  • 50 Day Moving Avg: $5.16
  • 200 Day Moving Avg: $5.01
  • 52 Week Range: $3.99 - $9.78
P/E:
  • Trailing P/E Ratio: 8.65
  • Foreward P/E Ratio: 22.63
  • P/E Growth: 1.06
Sales & Book Value:
  • Annual Revenue: $472.49 million
  • Price / Sales: 0.47
  • Book Value: ($6.58) per share
  • Price / Book: -0.83
Profitability:
  • EBIDTA: $66.79 million
Misc:
  • Average Volume: 491,471 shs.
  • Short Ratio: 11.69
 

Frequently Asked Questions for Avid Technology (OTCMKTS:AVID)

What is Avid Technology's stock symbol?

Avid Technology trades on the OTCMKTS under the ticker symbol "AVID."

How were Avid Technology's earnings last quarter?

Avid Technology, Inc. (OTCMKTS:AVID) issued its earnings results on Wednesday, May, 10th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.03. The company earned $104.10 million during the quarter, compared to analyst estimates of $105.72 million. The company's quarterly revenue was down 27.5% compared to the same quarter last year. During the same period last year, the firm earned $0.76 EPS. View Avid Technology's Earnings History.

Where is Avid Technology's stock going? Where will Avid Technology's stock price be in 2017?

1 analysts have issued twelve-month price targets for Avid Technology's shares. Their forecasts range from $5.00 to $5.00. On average, they expect Avid Technology's share price to reach $5.00 in the next year. View Analyst Ratings for Avid Technology.

Who are some of Avid Technology's key competitors?

Who owns Avid Technology stock?

Avid Technology's stock is owned by many different of institutional and retail investors. Top institutional investors include Cove Street Capital LLC (0.00%), Vanguard Group Inc. (0.00%), Dimensional Fund Advisors LP (0.00%), Russell Investments Group Ltd. (3.32%), Netols Asset Management Inc. (0.00%) and Morgan Stanley (0.00%). Company insiders that own Avid Technology stock include Aiv A LP Bcp III, George H Billings, Ilan Sidi, John W Frederick, Louis Hernandez Jr, Paula Boggs, Robert M Bakish and Ryan H Murray. View Institutional Ownership Trends for Avid Technology.

Who sold Avid Technology stock? Who is selling Avid Technology stock?

Avid Technology's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Royce & Associates LP, LSV Asset Management, West Coast Financial LLC, Parametric Portfolio Associates LLC, TIAA CREF Investment Management LLC, Nationwide Fund Advisors and Advisors Asset Management Inc.. View Insider Buying and Selling for Avid Technology.

Who bought Avid Technology stock? Who is buying Avid Technology stock?

Avid Technology's stock was bought by a variety of institutional investors in the last quarter, including Cove Street Capital LLC, Netols Asset Management Inc., Russell Investments Group Ltd., Paradigm Capital Management Inc. NY, Morgan Stanley, Oppenheimer Asset Management Inc., Wells Fargo & Company MN and Alambic Investment Management L.P.. Company insiders that have bought Avid Technology stock in the last two years include George H Billings, Ilan Sidi, John W Frederick, Louis Hernandez Jr, Paula Boggs, Robert M Bakish and Ryan H Murray. View Insider Buying and Selling for Avid Technology.

How do I buy Avid Technology stock?

Shares of Avid Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Avid Technology stock cost?

One share of Avid Technology stock can currently be purchased for approximately $5.43.

Analyst Ratings

Consensus Ratings for Avid Technology (OTCMKTS:AVID) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $5.00

Analysts' Ratings History for Avid Technology (OTCMKTS:AVID)
Show:
DateFirmActionRatingPrice TargetDetails
1/31/2017BWS FinancialDowngradeBuy -> HoldView Rating Details
12/9/2015Singular ResearchInitiated CoverageBuy$8.50View Rating Details
8/11/2015Dougherty & CoDowngradeBuy -> NeutralView Rating Details
6/17/2015SidotiInitiated CoverageBuy$21.00View Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Avid Technology (OTCMKTS:AVID)
Earnings by Quarter for Avid Technology (OTCMKTS:AVID)
Earnings History by Quarter for Avid Technology (OTCMKTS:AVID)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 17$0.05$0.02$105.72 million$104.10 millionViewN/AView Earnings Details
3/15/2016Q415$0.36($0.11)$144.02 million$140.00 millionViewListenView Earnings Details
11/5/2015Q3 2015$0.49$0.41$127.23 million$137.44 millionViewN/AView Earnings Details
8/10/2015Q215$0.20$0.05$124.74 million$109.80 millionViewN/AView Earnings Details
3/16/2015Q414$0.22$0.06$141.67 million$128.20 millionViewN/AView Earnings Details
10/29/2012Q312($0.08)($0.08)$133.09 million$127.20 millionViewN/AView Earnings Details
7/30/2012($0.07)($0.11)ViewN/AView Earnings Details
4/26/2012($0.22)($0.24)ViewN/AView Earnings Details
2/7/2012$0.15$0.38ViewN/AView Earnings Details
10/27/2011$0.03$0.01ViewN/AView Earnings Details
7/21/2011$0.08$0.10ViewN/AView Earnings Details
4/21/2011$0.08($0.02)ViewN/AView Earnings Details
2/4/2011$0.08$0.37ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Avid Technology (OTCMKTS:AVID)
Current Year EPS Consensus Estimate: $0.35 EPS
Next Year EPS Consensus Estimate: $0.24 EPS

Dividends

Dividend History for Avid Technology (OTCMKTS:AVID)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Avid Technology (OTCMKTS:AVID)
Insider Trades by Quarter for Avid Technology (OTCMKTS:AVID)
Institutional Ownership by Quarter for Avid Technology (OTCMKTS:AVID)
Insider Trades by Quarter for Avid Technology (OTCMKTS:AVID)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/16/2016John W FrederickCFOSell457,506$9.09$4,158,729.54View SEC Filing  
6/2/2016Paula BoggsDirectorBuy16,500$6.15$101,475.00View SEC Filing  
5/17/2016Louis Hernandez JrCEOBuy69,000$5.97$411,930.00View SEC Filing  
5/16/2016Louis Hernandez JrCEOBuy100,000$5.80$580,000.00View SEC Filing  
5/10/2016Ilan SidiCFOBuy10,000$5.67$56,700.00View SEC Filing  
5/9/2016Louis Hernandez JrCEOBuy150,000$5.76$864,000.00View SEC Filing  
5/9/2016Ryan H MurrayInsiderBuy9,263$5.57$51,594.91View SEC Filing  
11/10/2015Robert M BakishDirectorBuy40,000$6.14$245,600.00View SEC Filing  
10/12/2015Aiv A L.P. Bcp IIIMajor ShareholderSell100,000$8.49$849,000.00View SEC Filing  
10/8/2015Aiv A L.P. Bcp IIIMajor ShareholderSell189,300$8.27$1,565,511.00View SEC Filing  
10/5/2015Aiv A L.P. Bcp IIIMajor ShareholderSell31,303$8.02$251,050.06View SEC Filing  
9/30/2015Aiv A L.P. Bcp IIIMajor ShareholderSell250,778$8.01$2,008,731.78View SEC Filing  
9/15/2015George H BillingsDirectorBuy10,000$8.70$87,000.00View SEC Filing  
8/25/2015Robert M BakishDirectorBuy100,000$7.99$799,000.00View SEC Filing  
8/13/2015John W FrederickCFOBuy10,000$9.70$97,000.00View SEC Filing  
8/13/2015Louis Hernandez JrCEOBuy20,000$9.42$188,400.00View SEC Filing  
6/3/2015George H BillingsDirectorBuy10,000$17.84$178,400.00View SEC Filing  
5/27/2015Robert M BakishDirectorBuy50,000$16.97$848,500.00View SEC Filing  
5/20/2015Robert M BakishDirectorBuy50,000$16.14$807,000.00View SEC Filing  
5/12/2015Robert M BakishDirectorBuy100,000$15.33$1,533,000.00View SEC Filing  
12/4/2014Robert M BakishDirectorBuy57,000$13.94$794,580.00View SEC Filing  
12/2/2014Robert M BakishDirectorBuy62,000$12.67$785,540.00View SEC Filing  
11/26/2014Robert M BakishDirectorBuy30,000$12.13$363,900.00View SEC Filing  
11/25/2014Robert M BakishDirectorBuy60,000$12.11$726,600.00View SEC Filing  
11/21/2014Robert M BakishDirectorBuy40,000$11.44$457,600.00View SEC Filing  
12/10/2012Robert M BakishDirectorBuy10,000$6.82$68,200.00View SEC Filing  
11/28/2012Robert M BakishDirectorBuy10,000$6.28$62,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Avid Technology (OTCMKTS:AVID)
Latest Headlines for Avid Technology (OTCMKTS:AVID)
Source:
DateHeadline
finance.yahoo.com logoAvid Showcases Groundbreaking Innovations at BroadcastAsia 2017
finance.yahoo.com - May 23 at 10:04 AM
finance.yahoo.com logoAvid VENUE | S6L Gains Momentum in Lebanon
finance.yahoo.com - May 22 at 9:52 AM
finance.yahoo.com logoETFs with exposure to Avid Technology, Inc. : May 18, 2017
finance.yahoo.com - May 18 at 3:42 PM
finance.yahoo.com logoIndustry Accolades for Avid Customers at BAFTA® Television Awards
finance.yahoo.com - May 18 at 12:01 PM
finance.yahoo.com logoAvid Technology, Inc. :AVID-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 17 at 12:11 PM
finance.yahoo.com logoEdited Transcript of AVID earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 16 at 12:25 PM
fool.com logoWhy Avid Technology, Inc. Stock Gained 20% in April
www.fool.com - May 11 at 8:01 PM
reuters.com logoBRIEF-Avid Technology sees Q2 revenue $93 mln - $103 mln
www.reuters.com - May 11 at 4:12 PM
americanbankingnews.com logoAvid Technology, Inc. (AVID) Releases Earnings Results
www.americanbankingnews.com - May 10 at 12:53 PM
seekingalpha.com logoAvid Technology, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 10 at 8:59 AM
finance.yahoo.com logoInvestor Network: Avid Technology, Inc. to Host Earnings Call
finance.yahoo.com - May 10 at 8:59 AM
finance.yahoo.com logoZacks.com featured highlights: Cott, Avid Technology, TheStreet and EZCORP
finance.yahoo.com - May 4 at 3:51 PM
americanbankingnews.com logoAvid Technology (AVID) Receiving Positive Press Coverage, Report Shows
www.americanbankingnews.com - May 2 at 12:20 PM
americanbankingnews.com logoAvid Technology, Inc. (AVID) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 30 at 7:14 AM
bizjournals.com logoAvid says its transformation is complete. Will investors agree?
www.bizjournals.com - April 30 at 2:21 AM
finance.yahoo.com logoCan The Uptrend Continue for Avid Technology (AVID)?
finance.yahoo.com - April 28 at 4:41 PM
finance.yahoo.com logoZacks.com featured highlights: Bunge, Avid Technology, Dana, Univar and Alon USA Energy
finance.yahoo.com - April 26 at 10:33 AM
finance.yahoo.com logoAvid Technology Announces Conference Call to Discuss First Quarter 2017 Financial Results
finance.yahoo.com - April 25 at 3:41 PM
finance.yahoo.com logoAvid Technology to Present at the Jefferies Technology Group Investor Conference
finance.yahoo.com - April 25 at 3:41 PM
finance.yahoo.com logoETFs with exposure to Avid Technology, Inc. : April 25, 2017
finance.yahoo.com - April 25 at 3:41 PM
americanbankingnews.com logoAvid Technology (AVID) Receives Daily Media Impact Score of 0.24
www.americanbankingnews.com - April 24 at 6:00 PM
finance.yahoo.com logoAvid NEXIS Now Delivers Unparalleled Performance, Scalability and Pro Tools Support
finance.yahoo.com - April 23 at 9:45 AM
finance.yahoo.com logoAvid Unveils Media Composer | First—A Free Version of the Industry- standard Video Editing System
finance.yahoo.com - April 23 at 9:45 AM
finance.yahoo.com logoAvid Artist | DNxIQ Unveiled for 4K Monitoring and Universal Mastering
finance.yahoo.com - April 23 at 9:45 AM
americanbankingnews.com logoAvid Technology (AVID) Receives Daily Coverage Optimism Rating of -0.08
www.americanbankingnews.com - April 21 at 11:37 AM
nasdaq.com logoWhat's in the Cards for Waters Corp. (WAT) in Q1 Earnings?
www.nasdaq.com - April 20 at 8:51 PM
finance.yahoo.com logoNew Book from Avid CEO Explores Media Industry Disruption
finance.yahoo.com - April 18 at 11:00 AM
americanbankingnews.com logoAvid Technology (AVID) Earns News Sentiment Score of 0.57
www.americanbankingnews.com - April 18 at 9:30 AM
americanbankingnews.com logoAvid Technology (AVID) Getting Very Favorable Press Coverage, Study Finds
www.americanbankingnews.com - April 14 at 11:12 AM
finance.yahoo.com logoAvid NEXIS Media Storage Seeing Strong Customer Adoption
finance.yahoo.com - April 13 at 8:55 PM
nasdaq.com logo4 Top Sector ETFs & Stocks to Outperform in Q1 Earnings
www.nasdaq.com - April 12 at 11:41 AM
finance.yahoo.com logoETFs with exposure to Avid Technology, Inc. : April 10, 2017
finance.yahoo.com - April 10 at 3:44 PM
globenewswire.com logoAvid VENUE | S6L Scores a Starring Role At The National Theatre of Iceland
globenewswire.com - April 7 at 8:13 AM
biz.yahoo.com logoAVID TECHNOLOGY, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - April 3 at 9:08 PM
biz.yahoo.com logoAVID TECHNOLOGY, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit
biz.yahoo.com - March 31 at 3:52 PM
finance.yahoo.com logoAvid Announces Nomination of John P. Wallace to Stand for Election to its Board of Directors
finance.yahoo.com - March 30 at 9:10 PM
finance.yahoo.com logoMedia Leaders to Redefine the Future of the Industry at Avid Connect
finance.yahoo.com - March 30 at 4:09 PM
americanbankingnews.com logoAvid Technology, Inc. (AVID) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - March 28 at 8:40 PM
capitalcube.com logoAvid Technology, Inc. :AVID-US: Earnings Analysis: Q4, 2016 By the Numbers : March 28, 2017
us.rd.yahoo.com - March 28 at 3:44 PM
seekingalpha.com logoAvid Technology's (AVID) CEO Louis Hernandez on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - March 25 at 11:48 AM
seekingalpha.com logoAvid Technology, Inc. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - March 23 at 9:09 PM
reuters.com logoBRIEF-Avid Technology sees Q1 bookings $154-$168 million
www.reuters.com - March 23 at 4:09 PM
rttnews.com logoEARNINGS SUMMARY: Details of Avid Technology Inc Q4 Earnings Report
www.rttnews.com - March 23 at 4:09 PM
biz.yahoo.com logoAVID TECHNOLOGY, INC. Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 23 at 4:09 PM
us.rd.yahoo.com logoAvid Technology Announces Q4 2016 Results and Issues Q1 and FY 2017 Guidance
us.rd.yahoo.com - March 23 at 4:09 PM
sg.finance.yahoo.com logoAvid posts 4Q profit
us.rd.yahoo.com - March 23 at 4:09 PM
us.rd.yahoo.com logoAvid Technology Announces Amendment to Financing Agreement
us.rd.yahoo.com - March 21 at 12:29 PM
biz.yahoo.com logoAVID TECHNOLOGY, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial
biz.yahoo.com - March 21 at 12:29 PM
reuters.com logoBRIEF-Avid Technology Inc files for non-timely 10-K - SEC filing
www.reuters.com - March 17 at 9:23 PM
businesswire.com logoINVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Avid Technology, Inc ... - Business Wire (press release)
www.businesswire.com - March 17 at 4:22 PM

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Chart

Avid Technology (AVID) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff