Daniel Drees News Today

AvidXchange Holdings, Inc. (NASDAQ:AVDX – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the ten analysts that are currently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target […]

Sixth Street Partners Management Company L.P. reduced its stake in AvidXchange Holdings, Inc. (NASDAQ:AVDX – Free Report) by 25.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,397,528 shares of the company’s stock after selling 465,843 shares during the period. […]

In a notable insider transaction, President Daniel Drees of AvidXchange Holdings Inc (NASDAQ:AVDX) parted with 11,021 shares of the company on November 15, 2023.

AvidXchange Holdings, Inc. (NASDAQ:AVDX – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 11,690,000 shares, an increase of 40.8% from the October 15th total of 8,300,000 shares. Based on an average daily volume of 1,750,000 shares, […]

Wells Fargo & Company assumed coverage on shares of AvidXchange (NASDAQ:AVDX – Free Report) in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage issued an equal weight rating and a $9.00 price objective on the stock. AVDX has been the topic of several other research reports. Morgan Stanley reissued an equal weight rating […]

AvidXchange Holdings, Inc. (NASDAQ:AVDX – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 8,450,000 shares, a growth of 18.2% from the September 15th total of 7,150,000 shares. Based on an average trading volume of 2,070,000 shares, […]

Counterpoint Mutual Funds LLC purchased a new stake in AvidXchange Holdings, Inc. (NASDAQ:AVDX – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,133 shares of the company’s stock, valued at approximately $126,000. A number of other hedge funds have also modified […]

ExodusPoint Capital Management LP bought a new stake in shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 175,717 shares of the company’s stock, valued at approximately $1,371,000. ExodusPoint Capital Management LP owned approximately 0.09% of […]

AvidXchange Holdings, Inc. (NASDAQ:AVDX – Get Free Report) President Daniel Drees sold 11,270 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $10.09, for a total value of $113,714.30. Following the completion of the transaction, the president now directly owns 504,889 shares of […]

Morgan Stanley restated their equal weight rating on shares of AvidXchange (NASDAQ:AVDX – Free Report) in a research note issued to investors on Friday morning, Benzinga reports. They currently have a $11.00 price objective on the stock. AVDX has been the subject of several other research reports. Susquehanna assumed coverage on AvidXchange in a research […]