NASDAQ:AVDX AvidXchange (AVDX) Stock Price, News & Analysis → Altcoin FRENZY Alert… (From Crypto 101 Media) (Ad) Free AVDX Stock Alerts $13.15 +0.02 (+0.15%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$13.13▼$13.5050-Day Range$10.64▼$13.2952-Week Range$6.88▼$13.56Volume1.90 million shsAverage Volume1.99 million shsMarket Capitalization$2.69 billionP/E RatioN/ADividend YieldN/APrice Target$13.29 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get AvidXchange alerts: Email Address AvidXchange MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.55 Rating ScoreUpside/Downside1.0% Upside$13.29 Price TargetShort InterestHealthy5.32% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.82Based on 11 Articles This WeekInsider TradingSelling Shares$39.08 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.02) to $0.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.70 out of 5 starsComputer And Technology Sector478th out of 589 stocksPrepackaged Software Industry170th out of 197 stocks 2.3 Analyst's Opinion Consensus RatingAvidXchange has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.29, AvidXchange has a forecasted upside of 1.0% from its current price of $13.15.Amount of Analyst CoverageAvidXchange has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.32% of the float of AvidXchange has been sold short.Short Interest Ratio / Days to CoverAvidXchange has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in AvidXchange has recently decreased by 10.21%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAvidXchange does not currently pay a dividend.Dividend GrowthAvidXchange does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AVDX. Previous Next 2.7 News and Social Media Coverage News SentimentAvidXchange has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 11 news articles for AvidXchange this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for AVDX on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added AvidXchange to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AvidXchange insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $39,077,190.00 in company stock.Percentage Held by Insiders10.30% of the stock of AvidXchange is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions80.58% of the stock of AvidXchange is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for AvidXchange are expected to grow in the coming year, from ($0.02) to $0.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AvidXchange is -57.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of AvidXchange is -57.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAvidXchange has a P/B Ratio of 4.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. 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If that sounds interesting…Watch the presentation here About AvidXchange Stock (NASDAQ:AVDX)AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment feature. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company serves real estate, community association management, construction, financial services, healthcare facilities, social services, education, hospitality, and media sectors through direct salesforces; strategic channel partnerships; and software and technology business partners. AvidXchange Holdings, Inc. was incorporated in 2000 and is headquartered in Charlotte, North Carolina.Read More AVDX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AVDX Stock News HeadlinesMarch 23, 2024 | insidertrades.comInsider Selling: AvidXchange Holdings, Inc. (NASDAQ:AVDX) President Sells 17,604 Shares of StockMarch 21, 2024 | insidertrades.comAvidXchange Holdings, Inc. (NASDAQ:AVDX) Insider Angelic Gibson Sells 40,000 SharesMarch 28, 2024 | Crypto 101 Media (Ad)SHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. March 20, 2024 | insidertrades.comAvidXchange Holdings, Inc. (NASDAQ:AVDX) Insider Ryan Stahl Sells 4,217 SharesMarch 20, 2024 | insidertrades.comAvidXchange Holdings, Inc. (NASDAQ:AVDX) Insider Sells $1,672,020.24 in StockMarch 16, 2024 | insidertrades.comInsider Selling: AvidXchange Holdings, Inc. (NASDAQ:AVDX) CEO Sells 46,692 Shares of StockMarch 13, 2024 | insidertrades.comAvidXchange Holdings, Inc. (NASDAQ:AVDX) CEO Michael Praeger Sells 105,386 SharesMarch 26, 2024 | globenewswire.comAvidXchange Announces Board Additions and TransitionsMarch 28, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 24, 2024 | americanbankingnews.comDaniel Drees Sells 17,604 Shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX) StockMarch 22, 2024 | investing.comAvidXchange Holdings executive sells over $500k in company stockMarch 22, 2024 | americanbankingnews.comAngelic Gibson Sells 40,000 Shares of AvidXchange Holdings, Inc. (NASDAQ:AVDX) StockMarch 20, 2024 | investorplace.comWall Street's Favorite Russell 2000 Stocks? 3 Names That Could Make You Filthy RichMarch 3, 2024 | seekingalpha.comAvidXchange Holdings: Meeting The Rule Of 40 Benchmark Is Key CatalystMarch 1, 2024 | seekingalpha.comAvidXchange Holdings, Inc. (AVDX) Q4 2023 Earnings Call TranscriptMarch 1, 2024 | finance.yahoo.comAvidXchange Holdings Full Year 2023 Earnings: Beats ExpectationsFebruary 29, 2024 | markets.businessinsider.comPiper Sandler Keeps Their Hold Rating on AvidXchange Holdings (AVDX)February 29, 2024 | markets.businessinsider.comAvidXchange Holdings Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)February 29, 2024 | finance.yahoo.comAvidXchange Holdings, Inc. (NASDAQ:AVDX) Q4 2023 Earnings Call TranscriptFebruary 28, 2024 | seekingalpha.comAvidXchange Holdings, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 28, 2024 | globenewswire.comAvidXchange Announces Fourth Quarter 2023 Financial ResultsFebruary 27, 2024 | markets.businessinsider.comAvidXchange Holdings: Hold Rating Maintained Amid Growth Uncertainty and Strategy ShiftFebruary 17, 2024 | finance.yahoo.comAVDX Mar 2024 10.000 callFebruary 17, 2024 | finance.yahoo.comAVDX Mar 2024 5.000 putFebruary 16, 2024 | ca.finance.yahoo.comAVDX Mar 2024 12.500 callFebruary 12, 2024 | finance.yahoo.comAvidXchange Holdings, Inc. (AVDX) Registers a Bigger Fall Than the Market: Important Facts to NoteFebruary 12, 2024 | realmoney.thestreet.comAs AvidXchange Moves Into Position for a Breakout, My Interest Is PiquedSee More Headlines Receive AVDX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AvidXchange and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today3/28/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:AVDX CUSIPN/A CIK1858257 Webwww.avidxchange.com Phone800-560-9305FaxN/AEmployees1,600Year FoundedN/APrice Target and Rating Average Stock Price Target$13.29 High Stock Price Target$16.00 Low Stock Price Target$10.00 Potential Upside/Downside-1.1%Consensus RatingModerate Buy Rating Score (0-4)2.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.23) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-47,330,000.00 Net Margins-12.43% Pretax Margin-12.12% Return on Equity-3.84% Return on Assets-1.16% Debt Debt-to-Equity Ratio0.20 Current Ratio1.25 Quick Ratio1.25 Sales & Book Value Annual Sales$380.72 million Price / Sales7.21 Cash Flow$0.01 per share Price / Cash Flow1,045.08 Book Value$3.23 per share Price / Book4.16Miscellaneous Outstanding Shares204,320,000Free Float183,279,000Market Cap$2.75 billion OptionableOptionable Beta1.05 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Michael Praeger (Age 59)Co-Founder, Chairman & CEO Comp: $1.16MMr. Daniel Drees (Age 55)President Comp: $821.95kMr. Joel Wilhite (Age 54)Senior VP & CFO Comp: $826.35kMs. Angelic Gibson (Age 47)Chief Information Officer & Senior VP Comp: $679.91kMr. Ryan Stahl (Age 49)Senior VP, General Counsel & Secretary Comp: $686.74kMr. Chris TinsleyCo-Founder & Senior Technology AdvisorMr. John FeldmanChief Operating OfficerSubhaash KumarHead of Investor RelationsMr. Al McMillian Jr.Vice President of ComplianceMs. Jess AntleVice President of Brand Marketing & CommunicationsMore ExecutivesKey CompetitorsIntappNASDAQ:INTAAppianNASDAQ:APPNProgress SoftwareNASDAQ:PRGSAlkami TechnologyNASDAQ:ALKTQ2NYSE:QTWOView All CompetitorsInsiders & InstitutionsHealthcare of Ontario Pension Plan Trust FundBought 100,595 shares on 3/21/2024Ownership: 0.182%Daniel DreesSold 17,604 sharesTotal: $229,204.08 ($13.02/share)Ryan StahlSold 4,217 sharesTotal: $52,417.31 ($12.43/share)Daniel DreesSold 12,978 sharesTotal: $160,537.86 ($12.37/share)Joel WilhiteSold 136,158 sharesTotal: $1.67 M ($12.28/share)View All Insider TransactionsView All Institutional Transactions AVDX Stock Analysis - Frequently Asked Questions Should I buy or sell AvidXchange stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AvidXchange in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AVDX shares. View AVDX analyst ratings or view top-rated stocks. What is AvidXchange's stock price target for 2024? 11 analysts have issued 12 month price targets for AvidXchange's stock. Their AVDX share price targets range from $10.00 to $16.00. On average, they expect the company's share price to reach $13.29 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price. View analysts price targets for AVDX or view top-rated stocks among Wall Street analysts. How have AVDX shares performed in 2024? AvidXchange's stock was trading at $12.39 at the beginning of 2024. Since then, AVDX stock has increased by 6.1% and is now trading at $13.15. View the best growth stocks for 2024 here. Are investors shorting AvidXchange? AvidXchange saw a decrease in short interest in March. As of March 15th, there was short interest totaling 8,270,000 shares, a decrease of 10.2% from the February 29th total of 9,210,000 shares. Based on an average daily volume of 1,900,000 shares, the short-interest ratio is presently 4.4 days. Approximately 5.3% of the shares of the stock are sold short. View AvidXchange's Short Interest. When is AvidXchange's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our AVDX earnings forecast. What ETFs hold AvidXchange's stock? ETFs with the largest weight of AvidXchange (NASDAQ:AVDX) stock in their portfolio include Fidelity Disruptive Finance ETF (FDFF), WisdomTree Cloud Computing Fund (WCLD).ARK Fintech Innovation ETF (ARKF) and What guidance has AvidXchange issued on next quarter's earnings? AvidXchange issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $441.0 million-$447.0 million, compared to the consensus revenue estimate of $444.3 million. When did AvidXchange IPO? AvidXchange (AVDX) raised $581 million in an initial public offering on Wednesday, October 13th 2021. The company issued 26,400,000 shares at $21.00-$23.00 per share. Who are AvidXchange's major shareholders? AvidXchange's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.81%), Vanguard Group Inc. (8.76%), Bain Capital Venture Investors LLC (5.73%), Senvest Management LLC (4.76%), North Reef Capital Management LP (2.21%) and Dimensional Fund Advisors LP (1.90%). Insiders that own company stock include Angelic Gibson, Daniel Drees, James E Hausman, Joel Wilhite, Matthew C Harris, Michael Praeger, Ryan Stahl and Todd Alan Cunningham. View institutional ownership trends. How do I buy shares of AvidXchange? Shares of AVDX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:AVDX) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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