Investors sentiment increased to 1.64 in 2019 Q2. Its up 0.28, from 1.36 in 2019Q1. It increased, as 13 investors sold Avid Technology, Inc. shares while 20 reduced holdings. 21 funds opened positions while 33 raised stakes. 21.49 million shares or 6.14% less from 22.89 million shares in 2019Q1 were reported.
Engineers Gate Manager Limited Partnership owns 0.02% invested in Avid Technology, Inc. (NASDAQ:AVID) for 40,081 shares. Dorsey Wright And Associate accumulated 0% or 1,404 shares. Moreover, Retail Bank Of Montreal Can has 0% invested in Avid Technology, Inc. (NASDAQ:AVID). Oppenheimer Asset stated it has 91,925 shares or 0.02% of all its holdings. Hennessy Advsrs reported 0.15% stake. Clearbridge Invests Ltd Liability Com has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Geode Mgmt Ltd accumulated 736,962 shares. Gabelli Funds Limited Liability holds 0.01% of its portfolio in Avid Technology, Inc. (NASDAQ:AVID) for 198,020 shares. California Pub Employees Retirement Systems stated it has 0% in Avid Technology, Inc. (NASDAQ:AVID). Federated Investors Pa stated it has 1,789 shares or 0% of all its holdings. The Pennsylvania-based Sei Invs has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Barclays Public Ltd Co reported 30,998 shares or 0% of all its holdings. Goldman Sachs Inc reported 0% in Avid Technology, Inc. (NASDAQ:AVID). Royal National Bank Of Canada has 116,497 shares. Meeder Asset Inc holds 5,468 shares or 0% of its portfolio.
Avid Technology, Inc. (NASDAQ:AVID) Ratings Coverage
Among 2 analysts covering Avid Technology (NASDAQ:AVID), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Avid Technology has $14 highest and $1000 lowest target. $12’s average target is 55.44% above currents $7.72 stock price. Avid Technology had 5 analyst reports since September 21, 2019 according to SRatingsIntel. The firm has “Buy” rating given on Monday, November 4 by Maxim Group. Below is a list of Avid Technology, Inc. (NASDAQ:AVID) latest ratings and price target changes.
15/11/2019 Broker: B. Riley & Co Rating: Buy New Target: $10.0000 Initiates Coverage On
04/11/2019 Broker: Maxim Group Rating: Buy New Target: $14 Maintain
26/10/2019 Broker: BidaskScore Rating: Hold Downgrade
17/10/2019 Broker: BidaskScore Rating: Buy Upgrade
21/09/2019 Broker: BidaskScore Rating: Hold Downgrade
The stock decreased 0.77% or $0.06 during the last trading session, reaching $7.72. About 210,678 shares traded. Avid Technology, Inc. (NASDAQ:AVID) has risen 82.06% since December 4, 2018 and is uptrending. It has outperformed by 82.06% the S&P500.
Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution worldwide. The company has market cap of $332.34 million. The firm offers professional video creative tools, such as Media Composer product line that is used to edit video content; NewsCutter option and iNews systems for news production; Avid Symphony option, which is used during post-production; and Media Composer | Cloud solution that enables broadcast news professionals to acquire, access, edit, and finish stories. It currently has negative earnings. It also offers media management solutions comprising Avid MediaCentral | UX Web and mobile apps that provide real-time access to media assets for media professional; and Avid Interplay asset management solutions, which offers network, storage, and database solutions to enable users to simultaneously share and manage media assets across a project or organization.
More notable recent Avid Technology, Inc. (NASDAQ:AVID) news were published by: Nasdaq.com which released: “What the CFTC Chairman Actually Said About Ether Futures and Ethereum 2.0 – Nasdaq” on November 15, 2019, also Globenewswire.com with their article: “Avid Technology to Present at Upcoming Investor Conferences – GlobeNewswire” published on July 31, 2019, Nasdaq.com published: “Why Avid Technology Shares Skyrocketed Today – Nasdaq” on March 15, 2019. More interesting news about Avid Technology, Inc. (NASDAQ:AVID) were released by: Nasdaq.com and their article: “Why Smartsheet Stock Is Up Almost 20% Over The Last Month – Nasdaq” published on November 25, 2019 as well as Seekingalpha.com‘s news article titled: “Avid Technology Inc. (AVID) CEO Jeff Rosica on Q3 2019 Results – Earnings Call Transcript – Seeking Alpha” with publication date: November 10, 2019.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.