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Market Cap 1.01B P/E 24.04 EPS this Y 9.90% Ern Qtrly Grth -
Income 12.95M Forward P/E 11.84 EPS next Y 21.30% 50D Avg Chg -6.00%
Sales 413.46M PEG 1.16 EPS past 5Y 27.02% 200D Avg Chg -15.00%
Dividend N/A Price/Book N/A EPS next 5Y 15.00% 52W High Chg -31.00%
Recommedations 3.00 Quick Ratio 0.78 Shares Outstanding 44.04M 52W Low Chg 17.00%
Insider Own 7.20% ROA 5.50% Shares Float 33.58M Beta 1.13
Inst Own 86.04% ROE - Shares Shorted/Prior 1.15M/1.30M Price 23.08
Gross Margin 63.12% Profit Margin 3.13% Avg. Volume 596,833 Target Price 27.03
Oper. Margin -2.69% Earnings Date Feb 28 Volume 451,751 Change -2.94%
About Avid Technology, Inc.

Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution in the United States and internationally. The company's video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; Avid NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its audio products and solutions comprise Pro Tools digital audio software solutions to facilitate the audio production process; Sibelius solution to create, edit, and publish musical scores; S1 and dock line audio control surface; S4 and S6 audio control surfaces; and VENUE | S6L live sound system for mixing audio for live sound reinforcement. The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment. In addition, it offers various maintenance contracts and support services; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners, as well as develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners. Avid Technology, Inc. was incorporated in 1987 and is headquartered in Burlington, Massachusetts.

Avid Technology, Inc. News
11/21/23 Icelandic State Broadcaster RÚV Upgrades Production Capabilities with New Avid | Stream IO
11/07/23 Alpha Metallurgical Resources Set to Join S&P SmallCap 600
11/07/23 STG Completes Acquisition of Avid Technology
10/26/23 Brazil’s Record TV Upgrades Studios with Avid Audio Solutions to Power Top TV Broadcasts
10/12/23 Avid Joins Roybal School of Film and Television Production Magnet
09/22/23 Avid Unveils Pro Tools Sketch for Modern Music Creators and to Expand Pro Tools Workflows
09/18/23 ITV Studios’ International Production Arm Extends Partnership with Avid to Standardize and Streamline Post-Production Workflows
09/13/23 ITV Partners with Avid to Upgrade Its National and Regional News Production Systems
09/12/23 Avid Brings Next Wave of Audio Production Innovations to IBC2023 Show
09/12/23 Avid Unveils Innovations at IBC2023 Show to Drive the Open and Collaborative Future of Media Production
09/06/23 Avid Launches Stream IO Subscription-based Ingest & Playout Platform for Next-Generation Media Production
08/31/23 Avid Augments Sibelius with AI-powered Auto-complete Chord Symbols
08/31/23 Avid Launches Media Composer Panel Software Development Kit to Propel Third-Party Innovation for Media’s Top Editing Tool
08/31/23 Avid Showcases the Power of AI-Driven Capabilities in Media Composer to Enhance Creative Intelligence
08/30/23 Avid Learning Summit London Tackles the Skills Gap in Media and Entertainment Industry
08/24/23 Avid’s VENUE 7.2 Audio Software Gives Live Sound Engineers Greater Command of Their Shows
08/23/23 Al Jazeera Extends Relationship with Avid to Enable Subscription and SaaS Cloud-Based Production for Thousands of Users Around the World
08/18/23 Avid Artists Interviews Shine a Light on Emmy® Award-nominated Editors from the Avid User Community
08/15/23 Redfin upgraded, CSSE downgraded: Wall Street's top analyst calls
08/15/23 4 big analyst cuts: Urban Outfitters has 'limited' EPS upside, per Citi
AVID Chatroom

User Image stockilluminati Posted - 1 week ago

$AVID https://www.stockilluminati.com/avid/news.php - Icelandic State Broadcaster RÚV Upgrades Production Capabilities with New Avid | Stream IO

User Image Stock_Titan Posted - 1 week ago

$AVID Icelandic State Broadcaster RÚV Upgrades Production Capabilities with New Avid | Stream IO https://www.stocktitan.net/news/AVID/icelandic-state-broadcaster-ruv-upgrades-production-capabilities-wu682wgrlfju.html

User Image cctranscripts Posted - 1 week ago

Securities registration termination [Section 12(g)] https://www.conferencecalltranscripts.org/summary/?id=12714961 $AVID

User Image cctranscripts Posted - 2 weeks ago

Statement of acquisition of beneficial ownership by individuals https://www.conferencecalltranscripts.org/summary/?id=12699525 $AVID

User Image tickeron Posted - 2 weeks ago

Avid Technology to report earnings on November 13, 2023. Earnings per share (EPS) estimate: $0.51 $AVID https://srnk.us/go/4913166

User Image contangoz Posted - 2 weeks ago

$AVID likely back into public markets a few years from now - was a nice ride but 222m debt on books limited FCFE - has nice entrenched base in hollywood - not sure how much g&a and r&d PE owner cuts out though - will be watching

User Image cctranscripts Posted - 2 weeks ago

Avid Technology, Inc. 8-K https://www.conferencecalltranscripts.org/summary/?id=12688648 $AVID

User Image cctranscripts Posted - 2 weeks ago

STG Partners, LLC just provided an update on activist position in Avid Technology https://www.conferencecalltranscripts.org/summary/?id=12687490 $AVID

User Image cctranscripts Posted - 3 weeks ago

Christian Asmar just issued a filing suggesting it has sold all of its Avid Technology https://www.conferencecalltranscripts.org/summary/?id=12684670 $AVID

User Image Stock_Titan Posted - 3 weeks ago

$AVID $AMR $SPGI Alpha Metallurgical Resources Set to Join S&P SmallCap 600 https://www.stocktitan.net/news/AVID/alpha-metallurgical-resources-set-to-join-s-amp-p-small-cap-ll2gdcer8ho2.html

User Image briefingcom Posted - 3 weeks ago

$AVID: AVID: Avid Tech announces the completion of its acquisition by an affiliate of STG in an all-cash transaction valued at approximately $1.4 billion https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20231107090948AVID

User Image cctranscripts Posted - 3 weeks ago

Avid Technology Just Filed Its Quarterly Report: NET (LOSS) INCOME PE... https://www.conferencecalltranscripts.org/summary/?id=12682284 $AVID

User Image cctranscripts Posted - 3 weeks ago

Notification filed by national security exchange to report the removal from listing and registr https://www.conferencecalltranscripts.org/summary/?id=12682179 $AVID

User Image Stock_Titan Posted - 3 weeks ago

$AVID STG Completes Acquisition of Avid Technology https://www.stocktitan.net/news/AVID/stg-completes-acquisition-of-avid-k42uli86qkbj.html

User Image cctranscripts Posted - 3 weeks ago

Securities to be offered to employees in employee benefit plans, post-effective amendments https://www.conferencecalltranscripts.org/summary/?id=12682043 $AVID

User Image Last10K Posted - 3 weeks ago

Last10K highlighted 34 positive and negative remarks in the $AVID 10-Q filed today. See them in the Quarterly Report: https://last10k.com/sec-filings/AVID/0000896841-23-000153.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=sentiment&utm_term=avid

User Image Last10K Posted - 3 weeks ago

$AVID just filed a 10-Q Quarterly Report with 6 financial statements and 41 disclosures: https://last10k.com/sec-filings/avid/0000896841-23-000153.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=10KQ2040F&utm_term=avid

User Image StockInvest_us Posted - 3 weeks ago

Signal alert: $AVID - Overvalued https://stockinvest.us/l/YNxku9iKPU

User Image tradethehalt Posted - 3 weeks ago

$AVID trade halt (T12) was alerted to our Members at 7:50pm EST. Halt price: $27.06 Vol: 628.93K.

User Image cctranscripts Posted - 3 weeks ago

Avid Technology's SVP & GM Video & Media just disposed of 891 shares https://www.conferencecalltranscripts.org/summary/?id=12673923 $AVID

User Image basscat12 Posted - 3 weeks ago

$SIX $FUN $AVID Merger Brief Daily courtesy @TheTradeXchange new desk, live feed as it is announced, provided by @Vegas1 for her members!

User Image Last10K Posted - 3 weeks ago

$AVID just filed with the SEC a Vote of Security Holders https://last10k.com/sec-filings/AVID/0001387131-23-013013.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=AVID

User Image cctranscripts Posted - 3 weeks ago

Submission of Matters to a Vote of Security https://www.conferencecalltranscripts.org/summary/?id=12669442 $AVID

User Image Mergerbrief Posted - 3 weeks ago

$AVID/Symphony Technology Group LLC - Shareholder Vote $AVID Sign Up Online For Full Schedule

User Image ChartMill Posted - 1 month ago

$AVID is expected to show quite a strong growth in Earnings Per Share. In the coming 5 years, the EPS will grow by 18.30% yearly.. https://www.chartmill.com/stock/quote/AVID/technical-analysis?key=d21036ac-b2e5-4c60-8daa-3eb50b367cb7&utm_source=TRADINGSETUP&utm_medium=stocktwits&utm_campaign=TA&utm_content=AVID

User Image Stock_Titan Posted - 1 month ago

$AVID Brazil’s Record TV Upgrades Studios with Avid Audio Solutions to Power Top TV Broadcasts https://www.stocktitan.net/news/AVID/brazil-s-record-tv-upgrades-studios-with-avid-audio-solutions-to-e61yd85x9tv8.html

User Image contangoz Posted - 1 month ago

Interesting 8k $avid re deal fairness https://ir.avid.com/node/28906/html

User Image tickeron Posted - 1 month ago

How will this affect the market? $AVID RSI Indicator left the overbought zone. View odds of downtrend. https://srnk.us/go/4897405

User Image cctranscripts Posted - 1 month ago

Avid: Item 8.01. Other Events https://www.conferencecalltranscripts.org/summary/?id=12638513 $AVID

User Image cctranscripts Posted - 1 month ago

Litigation Related to the https://www.conferencecalltranscripts.org/summary/?id=12638507 $AVID

Analyst Ratings
Truist Securities Hold Aug 15, 23
Northland Capital Markets Market Perform Aug 10, 23
B. Riley Securities Neutral Aug 10, 23
Rosenblatt Neutral Aug 10, 23
Jefferies Hold Aug 10, 23
Rosenblatt Neutral Mar 3, 23
Rosenblatt Neutral Nov 9, 22
Rosenblatt Neutral Jul 12, 22
JP Morgan Overweight Jul 6, 22
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Gayron Kenneth L EVP, CFO & Corp Trea.. EVP, CFO & Corp Treasurer Mar 15 Option 28.67 39,604 1,135,447 339,401 03/17/23
CORDINER TOM J. A. Chief Revenue Office.. Chief Revenue Officer & SVP Mar 15 Option 28.67 28,747 824,176 208,453 03/17/23
CLAMAN TIMOTHY SVP & GM Video & Med.. SVP & GM Video & Media Mar 15 Option 28.67 6,537 187,416 91,862 03/17/23
Riley Kevin W. Chief Technology Off.. Chief Technology Officer & SVP Mar 15 Option 28.67 8,871 254,332 48,759 03/17/23
Rosica Jeff CEO & President CEO & President Mar 15 Option 28.67 81,428 2,334,541 1,176,590 03/17/23
CLAMAN TIMOTHY SVP & GM Video & Med.. SVP & GM Video & Media Dec 12 Sell 27.3 4,462 121,813 89,240 12/16/22
CORDINER TOM J. A. Chief Revenue Office.. Chief Revenue Officer & SVP Jun 15 Sell 25.63 9,923 254,326 229,016 06/16/22
Asmar Christian Director Director May 16 Buy 24.73 250,000 6,182,500 7,131,793 05/18/22
Ruzicka Dana SVP & GM Audio and M.. SVP & GM Audio and Music Mar 14 Sell 27.67 23,000 636,410 218,443 03/16/22
Ruzicka Dana SVP & GM Audio and M.. SVP & GM Audio and Music Mar 14 Option 29.6 39,758 1,176,837 249,583 03/16/22
Rosica Jeff CEO & President CEO & President Mar 15 Option 29.6 69,408 2,054,477 1,117,925 03/16/22
Riley Kevin W. Chief Technology Off.. Chief Technology Officer Mar 15 Option 29.6 4,597 136,071 36,390 03/16/22
NETZER LIOR SVP & GM, Media & Cl.. SVP & GM, Media & Cloud Mar 15 Option 29.6 4,597 136,071 53,500 03/16/22
Gayron Kenneth L Chief Financial Offi.. Chief Financial Officer & EVP Mar 15 Option 29.6 66,899 1,980,210 307,384 03/16/22
Gayron Kenneth L Chief Financial Offi.. Chief Financial Officer & EVP Mar 15 Sell 28.89 5,500 158,895 260,381 03/16/22
CORDINER TOM J. A. Chief Revenue Office.. Chief Revenue Officer & SVP Mar 15 Option 29.6 41,862 1,239,115 227,295 03/16/22
CORDINER TOM J. A. Chief Revenue Office.. Chief Revenue Officer & SVP Mar 15 Sell 28.83 19,682 567,432 199,767 03/16/22
CLAMAN TIMOTHY SVP & GM Video Post.. SVP & GM Video Post & Storage Mar 15 Option 29.6 3,065 90,724 88,229 03/16/22
BROWN GARRARD Chief Accounting Off.. Chief Accounting Officer & VP Mar 15 Option 29.6 7,265 215,044 41,439 03/16/22