Page 14 - Avid Technology News Today

Avid Technology, Inc. is exploring a potential sale, according to people familiar with the matter. Avid Technology is working with The Goldman Sachs Group, Inc. on the sale process and has asked for... | May 25, 2023

Communications services companies fell, but not by as much as the broad market, as Netflix surged. Shares of the streaming service rose by more than 3% after reports that it was making headway in efforts to crack down on password sharing. Share... | May. 24

Avid Technology (NASDAQ:AVID) Inc shares jumped 20% to $24.50 on Wednesday following a Reuters report that the video and audio editing software maker has...

Citizens Financial Group Inc RI lowered its holdings in shares of Avid Technology, Inc. (NASDAQ:AVID – Get Rating) by 3.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 26,661 shares of the technology company’s stock after selling 875 shares during the period. Citizens Financial Group Inc RI […]

Analysts’ new coverage for Thursday, May 18th: StockNews.com initiated coverage on shares of Agilent Technologies (NYSE:A). The firm issued a buy rating on the stock. StockNews.com assumed coverage on shares of Alcoa (NYSE:AA). They issued a sell rating on the stock. StockNews.com began coverage on shares of American Airlines Group (NASDAQ:AAL). StockNews.com issued a buy […]

Avid Technology, Inc. (NASDAQ:AVID – Get Rating) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $19.78 and last traded at $20.08, with a volume of 175231 shares. The stock had previously closed at $20.06. Analyst Upgrades and Downgrades A number of analysts have recently issued reports […]

Shares of Avid Technology, Inc. (NASDAQ:AVID – Get Rating) saw strong trading volume on Tuesday . 322,728 shares were traded during mid-day trading, an increase of 23% from the previous session’s volume of 262,596 shares.The stock last traded at $20.13 and had previously closed at $20.09. Analysts Set New Price Targets Several research analysts recently […]

Shares of Avid Technology, Inc. (NASDAQ:AVID – Get Rating) have been given a consensus rating of “Moderate Buy” by the eight brokerages that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price […]

Avid Technology (NASDAQ:AVID – Get Rating) updated its FY 2023 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.53-$1.75 for the period, compared to the consensus estimate of $1.65. The company issued revenue guidance of $447.00 million-$472.00 million, compared to the consensus revenue estimate of $457.90 million. Avid Technology also […]

Avid Technology (NASDAQ:AVID – Get Rating) updated its second quarter 2023 earnings guidance on Thursday. The company provided earnings per share guidance of $0.15-$0.30 for the period, compared to the consensus earnings per share estimate of $0.32. The company issued revenue guidance of $101.00 million-$111.00 million, compared to the consensus revenue estimate of $106.16 million. […]