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: Computer Peripherals
  • Sub-Industry: Computer Hardware
  • Symbol: OTCMKTS:AVID
  • CUSIP: 05367P10
  • Web: https://www.avid.com/
Capitalization:
  • Market Cap: $184.26 million
  • Outstanding Shares: 41,129,000
Average Prices:
  • 50 Day Moving Avg: $4.49
  • 200 Day Moving Avg: $4.96
  • 52 Week Range: $3.99 - $8.18
P/E:
  • Trailing P/E Ratio: 114.87
  • Foreward P/E Ratio: 18.67
  • P/E Growth: 0.86
Sales & Book Value:
  • Annual Revenue: $440.79 million
  • Price / Sales: 0.42
  • Book Value: ($6.68) per share
  • Price / Book: -0.67
Profitability:
  • EBIDTA: $46.85 million
  • Net Margins: -10.58%
  • Return on Assets: -18.29%
Misc:
  • Average Volume: 253,928 shs.
  • Short Ratio: 24.2
 

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) announced its quarterly earnings results on Tuesday, March, 15th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.47. The firm had revenue of $140 million for the quarter, compared to analyst estimates of $144.02 million. During the same period in the prior year, the company earned $0.20 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 brokers have issued 1 year 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 are Avid Technology's key executives?

Avid Technology's management team includes the folowing people:

  • Louis Hernandez Jr., Chairman of the Board, Chief Executive Officer
  • Jeff Rosica, President
  • Brian E. Agle, Chief Financial Officer, Senior Vice President
  • Jason A. Duva, Vice President, General Counsel, Corporate Secretary
  • Ilan Sidi, Vice President - Human Resources
  • Nancy Hawthorne, Lead Independent Director
  • Robert M. Bakish, Independent Director
  • Paula E. Boggs, Independent Director
  • Elizabeth M. Daley Ph.D., Independent Director
  • John H. Park, Independent Director

Who owns Avid Technology stock?

Avid Technology's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Blum Capital Partners LP (15.94%), Cove Street Capital LLC (14.94%), Vanguard Group Inc. (5.44%), Dimensional Fund Advisors LP (4.67%), Russell Investments Group Ltd. (3.72%) and State Street Corp (1.26%). Company insiders that own Avid Technology stock include Aiv A LP Bcp III, Ilan Sidi, John W Frederick, Louis Hernandez Jr, 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 Vanguard Group Inc., AXA, Wells Fargo & Company MN, Royce & Associates LP, GSA Capital Partners LLP, California Public Employees Retirement System, California State Teachers Retirement System 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 acquired by a variety of institutional investors in the last quarter, including Cove Street Capital LLC, S Squared Technology LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd., OxFORD Asset Management LLP, Nomura Holdings Inc., Ameriprise Financial Inc. and Paradigm Capital Management Inc. NY. Company insiders that have bought Avid Technology stock in the last two years include Ilan Sidi, Louis Hernandez Jr, 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.

What is Avid Technology's stock price today?

One share of Avid Technology stock can currently be purchased for approximately $4.48.


MarketBeat Community Rating for Avid Technology (OTCMKTS AVID)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  133 (Vote Underperform)
Total Votes:  232
MarketBeat's community ratings are surveys of what our community members think about Avid Technology and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Avid Technology (OTCMKTS:AVID) (How are Consensus Ratings Calculated?)
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
(Data available from 9/23/2015 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: $0.34 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
6/14/2017Louis Hernandez, Jr.CEOBuy136,653$4.99$681,898.47View SEC Filing  
6/13/2017Louis Hernandez, Jr.CEOBuy141,447$5.00$707,235.00View SEC Filing  
6/2/2017Ryan H. MurrayInsiderSell9,500$5.13$48,735.00View SEC Filing  
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
americanbankingnews.com logoAvid Technology, Inc. (AVID) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - September 20 at 7:36 PM
finance.yahoo.com logoAvid Celebrates Its Customers’ Emmy Wins and Nominations for Their Creative Achievements
finance.yahoo.com - September 18 at 4:38 PM
globenewswire.com logoAvid Unveils Host of Platform Innovations and New Products at IBC2017
globenewswire.com - September 16 at 3:58 PM
finance.yahoo.com logoAvid Unveils MediaCentral Solutions for Sports to Power Ultra-Fast UHD Workflows
finance.yahoo.com - September 15 at 4:37 PM
finance.yahoo.com logoAvid Unveils Next Generation Post Production Workflow Solutions Based on MediaCentral
finance.yahoo.com - September 15 at 4:37 PM
finance.yahoo.com logoAvid Accelerates UHD/4K Production and Move to IP with New Generation Video Server Family
finance.yahoo.com - September 15 at 4:37 PM
finance.yahoo.com logoAvid Extends MediaCentral Platform with Next-Generation Media Production Suite
finance.yahoo.com - September 15 at 4:37 PM
latimes.com logoPeople's Bitmoji obsession gives Snapchat a quiet edge in augmented reality
www.latimes.com - September 14 at 9:58 PM
finance.yahoo.com logoMedia Alert: G-Technology® Releases SDK for G-RACK™ 12 High-Performance NAS Solution
finance.yahoo.com - September 14 at 9:58 PM
finance.yahoo.com logoAvid Customer Association Seeing Explosive Growth with Over 20,000 Members Globally
finance.yahoo.com - September 14 at 3:27 AM
nasdaq.com logoPeregrine Pharmaceuticals Announces Appointment of Roger J. Lias, Ph.D. as President of Avid Bioservices
www.nasdaq.com - September 12 at 2:59 AM
americanbankingnews.com logoHead to Head Survey: Avid Technology (AVID) vs. Immersion Corporation (IMMR)
www.americanbankingnews.com - September 11 at 4:36 PM
finance.yahoo.com logoETFs with exposure to Avid Technology, Inc. : September 6, 2017
finance.yahoo.com - September 5 at 10:51 PM
finance.yahoo.com logoHPE Shopping Spree Continues With Purchase of This Cloud Specialist
finance.yahoo.com - September 5 at 5:50 PM
americanbankingnews.com logoAvid Technology, Inc. (AVID) Cut to "Hold" at ValuEngine
www.americanbankingnews.com - September 3 at 9:32 PM
finance.yahoo.com logoAvid Technology, Inc. :AVID-US: Earnings Analysis: Q2, 2017 By the Numbers : September 1, 2017
finance.yahoo.com - September 1 at 4:48 PM
finance.yahoo.com logoBroadcast equipment maker EVS hit by profit fall and revenue guidance
finance.yahoo.com - August 31 at 4:03 PM
finance.yahoo.com logoAvid Honored with 15th Emmy® Award for Technology and Engineering Innovation
finance.yahoo.com - August 29 at 4:32 PM
finance.yahoo.com logoTop College Athletic Programs Choose Avid Sports Solutions
finance.yahoo.com - August 24 at 4:13 PM
americanbankingnews.com logoFinancial Contrast: Identiv (INVE) versus Avid Technology (AVID)
www.americanbankingnews.com - August 22 at 12:18 AM
bizjournals.com logoCharlotte tech giants reach for the sky
www.bizjournals.com - August 18 at 9:19 PM
finance.yahoo.com logoHollywood Relies on Avid to Create the Summer’s Biggest Blockbusters
finance.yahoo.com - August 17 at 5:37 PM
nasdaq.com logoAvid Bioservices to Exhibit at The Bioprocessing Summit 2017
www.nasdaq.com - August 16 at 4:47 PM
americanbankingnews.com logoContrasting Materialise NV (MTLS) & Avid Technology (OTCMKTS:AVID)
www.americanbankingnews.com - August 12 at 8:12 PM
americanbankingnews.com logoAvid Technology, Inc. (OTCMKTS:AVID) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - August 11 at 9:04 PM
seekingalpha.com logoAvid Technology (AVID) Presents At Canaccord Genuity 37th Annual Growth Conference - Slideshow
seekingalpha.com - August 11 at 4:45 PM
finance.yahoo.com logoMeredith Corporation and Avid Sign Enterprise Agreement to Standardize Stations on the MediaCentral Platform
finance.yahoo.com - August 8 at 4:02 PM
americanbankingnews.com logoFinancial Survey: Nano Dimension (NNDM) vs. Avid Technology (OTCMKTS:AVID)
www.americanbankingnews.com - August 5 at 7:14 AM
finance.yahoo.com logoEdited Transcript of AVID earnings conference call or presentation 3-Aug-17 9:00pm GMT
finance.yahoo.com - August 4 at 9:37 PM
finance.yahoo.com logoAvid reports 2Q loss
finance.yahoo.com - August 4 at 4:33 PM
feeds.benzinga.com logoAvid Technology to Present at the Canaccord Genuity 37th Annual Growth Conference
feeds.benzinga.com - August 4 at 9:41 AM
reuters.com logoBRIEF-Avid Technology reports Q2 loss per share $0.31
www.reuters.com - August 3 at 10:40 PM
rttnews.com logoEARNINGS SUMMARY: Details of Avid Technology Inc Q2 Earnings Report
www.rttnews.com - August 3 at 10:40 PM
seekingalpha.com logoAvid Technology, Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 3 at 10:40 PM
finance.yahoo.com logoAvid Technology Announces Q2 2017 Results and Issues Q3 2017 Guidance
finance.yahoo.com - August 3 at 5:38 PM
marketwatch.com logoMediaMation's MX4D Esports Theatre Concept Wins the Support of Gamers During E3 Show
www.marketwatch.com - July 28 at 10:30 PM
finance.yahoo.com logoAvid VENUE | S6L Delivers Show-stopping Performances for the Biggest World Tours
finance.yahoo.com - July 27 at 3:59 PM
prnewswire.com logoRonin Trading and SW Investment Management Issue Letter to Employees of Peregrine Pharmaceuticals
www.prnewswire.com - July 21 at 3:43 AM
finance.yahoo.com logoAvid Technology Announces Conference Call to Discuss Second Quarter 2017 Financial Results
finance.yahoo.com - July 20 at 5:41 PM
finance.yahoo.com logoATV Teams up with Avid to Bolster Sports Graphics Workflow
finance.yahoo.com - July 20 at 5:41 PM
reuters.com logoBRIEF-Avid's patent infringement claims against Harmonic Inc set to go on trial
www.reuters.com - July 19 at 5:28 PM
nasdaq.com logoPeregrine Pharmaceuticals Reports Financial Results for Quarter and Fiscal Year Ended April 30, 201
www.nasdaq.com - July 14 at 6:05 PM
finance.yahoo.com logoMiami’s WPLG Turns to Avid for a Comprehensive Newsroom Upgrade
finance.yahoo.com - July 14 at 6:05 PM
seekingalpha.com logoCan Cryptocurrencies Cause PayPal A Serious Headache?
seekingalpha.com - July 11 at 10:18 PM
reuters.com logoBRIEF-Avid provides update on Jetsen Equity Investment commercial alliance underway following successful launch
www.reuters.com - June 30 at 9:20 PM
finance.yahoo.com logoAvid Customer Association Vote Influences Avid’s Future Innovations and Reveals Media Companies’ Investment and Technology Priorities
finance.yahoo.com - June 30 at 4:19 PM
finance.yahoo.com logoAvid Provides Update on Jetsen Equity Investment; Commercial Alliance Underway Following Successful Launch
finance.yahoo.com - June 30 at 4:19 PM
finance.yahoo.com logoCanada’s Global News Chooses Avid Graphics and Virtual Reality Solutions to Enrich its Storytelling
finance.yahoo.com - June 23 at 4:20 PM
businesswire.com logoHyperX Signs NBA Draft Prospect De'Aaron Fox as HyperX Gaming Headset Ambassador
www.businesswire.com - June 21 at 4:38 PM
americanbankingnews.com logoAvid Technology, Inc. (AVID) CEO Louis Hernandez, Jr. Buys 136,653 Shares
www.americanbankingnews.com - June 16 at 7:34 PM

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Chart

Avid Technology (AVID) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff