AvidXchange Holdings Inc’s recent filing unveils that its insider Wilhite Joel unloaded Company’s shares for reported $0.2 million on May 15 ’25. In the deal valued at $9.74 per share,20,914 shares were sold. As a result of this transaction, Wilhite Joel now holds 808,841 shares worth roughly $7.86 million.
Then, Stahl Ryan sold 8,999 shares, generating $87,618 in total proceeds. Upon selling the shares at $9.74, the insider now owns 667,226 shares.
Before that, Praeger Michael sold 40,005 shares. AvidXchange Holdings Inc shares valued at $389,505 were divested by the Chief Executive Officer at a price of $9.74 per share. As a result of the transaction, Praeger Michael now holds 11,037,830 shares, worth roughly $107.29 million.
Barclays downgraded its AvidXchange Holdings Inc [AVDX] rating to an Equal weight from a an Overweight in a research note published on March 04, 2025; the price target was decreased to $8 from $13. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in late February from “an Overweight” to “a Sector weight”. Compass Point revised its rating on November 07, 2024. It rated AVDX as “a Buy” which previously was an “a Neutral”.
Price Performance Review of AVDX
On Monday, AvidXchange Holdings Inc [NASDAQ:AVDX] saw its stock fall -0.10% to $9.72. AvidXchange Holdings Inc shares have fallen nearly -6.00% since the year began. Nevertheless, the stocks have fallen -14.06% over the past one year.
How much short interest is there in AvidXchange Holdings Inc?
A steep rise in short interest was recorded in AvidXchange Holdings Inc stocks on 2025-04-30, dropping by -0.74 million shares to a total of 3.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 4.42 million shares. There was a decline of -20.06%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 04, 2024 when Compass Point began covering the stock and recommended ‘”a Neutral”‘ rating along with a $8 price target.
