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June 17, 2023
Avid Technology, Inc. (NASDAQ:AVID – Get Rating) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 1,270,000 shares, a decrease of 14.8% from the May 15th total of 1,490,000 shares. Based on an average trading volume of 482,200 shares, the […]
May 30, 2023
Avid Technology, Inc. (NASDAQ:AVID – Get Rating) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 1,490,000 shares, a drop of 11.3% from the April 30th total of 1,680,000 shares. Based on an average trading volume of 418,600 shares, the […]
May 29, 2023
StockNews.com cut shares of Avid Technology (NASDAQ:AVID – Get Rating) from a buy rating to a hold rating in a research report released on Friday morning. A number of other analysts also recently issued reports on AVID. Maxim Group reiterated a buy rating and issued a $38.00 price target on shares of Avid Technology in […]
May 28, 2023
Avid Technology (NASDAQ:AVID – Get Rating) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Friday. Several other equities analysts have also weighed in on the company. Truist Financial started coverage on Avid Technology in a report on Monday, March 6th. They set […]
May 18, 2023
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 […]
May 17, 2023
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 […]
May 16, 2023
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 […]
May 9, 2023
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 […]
May 5, 2023
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 […]
May 5, 2023
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. […]