Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. AvidXchange Holdings Inc shares valued at $612,738 were sold by Cunningham Todd Alan on Jun 10 ’25. At $9.79 per share, Cunningham Todd Alan sold 62,585 shares. The insider’s holdings dropped to 443,410 shares worth approximately $4.35 million following the completion of this transaction.
Also, Cunningham Todd Alan purchased 62,585 shares, netting a total of over 610,238 in proceeds.
Before that, Wilhite Joel had sold 20,914 shares from its account. In a trade valued at $203,627, the insider traded AvidXchange Holdings Inc shares for $9.74 each. Upon closing the transaction, the insider’s holdings decreased to 20,914 shares, worth approximately $7.93 million.
As published in a research note from Barclays on March 04, 2025, AvidXchange Holdings Inc [AVDX] has been rated down from an Overweight to an Equal weight and the price target has been revised to $8 from $13. Analysts at KeyBanc Capital Markets downgraded the stock from ‘”an Overweight”‘ to ‘”a Sector weight”‘ outlook in a report released in late February. Earlier on November 07, 2024, Compass Point upgraded its rating. Their new recommendation was “a Buy” for AVDX stock which previously was a “a Neutral”.
Analyzing AVDX Stock Performance
The stock’s lowest price that day was $9.79, but it reached a high of $9.805 in the same session. During the last five days, there has been a surge of approximately 0.10%. Over the course of the year, AvidXchange Holdings Inc shares have dropped approximately -13.04%. Shares of the company reached a 52-week high of $10.93 on 01/30/25 and a 52-week low of $6.61 on 03/13/25.
Support And Resistance Levels for AvidXchange Holdings Inc (AVDX)
According to the 24-hour chart, there is a support level at 9.79, which, if violated, would cause prices to drop to 9.78. In the upper region, resistance lies at 9.81. The next price resistance is at 9.82. RSI (Relative Strength Index) is 69.67 on the 14-day chart, showing neutral technical sentiment.
Is AvidXchange Holdings Inc subject to short interest?
Stocks of AvidXchange Holdings Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.29 million shares to 3.32 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 3.03 million shares. A jump of 8.77% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.9 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.9.
Which companies own the most shares of AvidXchange Holdings Inc (AVDX)?
In terms of AvidXchange Holdings Inc share price expectations, FactSet research, analysts set an average price target of 13 in the next 12 months, up nearly 32.65% from the previous closing price of $9.8. Analysts anticipate AvidXchange Holdings Inc stock to reach 13 by 2025, with the lowest price target being 13. In spite of this, 4 analysts ranked AvidXchange Holdings Inc stock as Buy at the end of 2025. On September 04, 2024, Compass Point assigned a price target of “a Neutral” to the stock and initiated coverage with a $8.
