In a filing, AvidXchange Holdings Inc revealed its insider Cunningham Todd Alan unloaded Company’s shares for reported $0.61 million on Jun 10 ’25. In the deal valued at $9.79 per share,62,585 shares were sold. As a result of this transaction, Cunningham Todd Alan now holds 443,410 shares worth roughly $4.33 million.
Then, Cunningham Todd Alan bought 62,585 shares, generating $610,238 in total proceeds.
Before that, Wilhite Joel sold 20,914 shares. AvidXchange Holdings Inc shares valued at $203,627 were divested by the insider at a price of $9.74 per share. As a result of the transaction, Wilhite Joel now holds 808,841 shares, worth roughly $7.9 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 jump 0.21% to $9.77. Over the last five days, the stock has lost -0.20%. AvidXchange Holdings Inc shares have fallen nearly -5.51% since the year began. Nevertheless, the stocks have fallen -10.45% over the past one year. While a 52-week high of $12.93 was reached on 01/30/25, a 52-week low of $6.61 was recorded on 03/13/25.
Levels Of Support And Resistance For AVDX Stock
The 24-hour chart illustrates a support level at 9.76, which if violated will result in even more drops to 9.74. On the upside, there is a resistance level at 9.78. A further resistance level may holdings at 9.79.
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.
