behind award-winning films, videos, music recordings, tv shows, live concerts and news broadcasts is avid everywhere — providing content creators with the tools to make, manage, store, distribute and monetize content. the avid mediacentral platform is an open, extensible and customizable foundation that streamlines your entire workflow. it offers four suites: artist, media, storage and studio. the artist suite allows users to create audio, video and graphics with proven and trusted creative tools. with the media suite, users can manage, distribute and monetize media with powerful collaborative systems. the storage suite allows users to capture, store, protect and play media with high-performance systems. and with the studio suite, users can captivate and engage viewers with in-studio and sports enhancement tools. whether you’re in audio and music production, broadcast and media, or video production, avid addresses your key needs and provides a more efficient way of working.
Company profile
Ticker
AVID
Exchange
Website
CEO
Jeff Rosica
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
AVID TECHNOLOGY INC
SEC CIK
Corporate docs
Subsidiaries
AVID SYSTEMS, INC. • AVID CV LLC • AVID TECHNOLOGY WORLDWIDE, INC. • AVID TECHNOLOGY (AUSTRALIA) PTY LTD • AVID TECHNOLOGY CANADA CORP. • AVID TECHNOLOGY (BEIJING) CO., LTD • AVID TECHNOLOGY EUROPE LIMITED • INTEGRATED BROADCAST SERVICES LIMITED • IVSM LIMITED • AVID TECHNOLOGY S.A.R.L. ...
IRS number
42977748
AVID stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
16 Nov 23
8-K
STG Completes Acquisition of Avid Technology
8 Nov 23
25-NSE
Exchange delisting
7 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
7 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
7 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
7 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
7 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
7 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
7 Nov 23
S-8 POS
Registration of securities for employees (post-effective amendment)
7 Nov 23
Transcripts
AVID
Earnings call transcript
2023 Q1
4 May 23
AVID
Earnings call transcript
2022 Q4
1 Mar 23
AVID
Earnings call transcript
2022 Q3
9 Nov 22
AVID
Earnings call transcript
2022 Q2
3 Aug 22
AVID
Earnings call transcript
2022 Q1
5 May 22
AVID
Earnings call transcript
2021 Q4
2 Mar 22
AVID
Earnings call transcript
2021 Q3
10 Nov 21
AVID
Earnings call transcript
2021 Q2
4 Aug 21
AVID
Earnings call transcript
2021 Q1
6 May 21
AVID
Earnings call transcript
2020 Q4
10 Mar 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 23.03 mm | 23.03 mm | 23.03 mm | 23.03 mm | 23.03 mm | 23.03 mm |
Cash burn (monthly) | 4.18 mm | 993.17 k | 2.30 mm | (no burn) | 3.88 mm | 446.58 k |
Cash used (since last report) | 28.92 mm | 6.87 mm | 15.91 mm | n/a | 26.84 mm | 3.09 mm |
Cash remaining | -5.89 mm | 16.16 mm | 7.12 mm | n/a | -3.81 mm | 19.94 mm |
Runway (months of cash) | -1.4 | 16.3 | 3.1 | n/a | -1.0 | 44.7 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 157 |
Opened positions | 39 |
Closed positions | 35 |
Increased positions | 36 |
Reduced positions | 61 |
13F shares | Current |
---|---|
Total value | 988.60 bn |
Total shares | 44.83 mm |
Total puts | 92.80 k |
Total calls | 59.30 k |
Total put/call ratio | 1.6 |
Largest owners | Shares | Value |
---|---|---|
STG Vii | 7.17 mm | $0.00 |
Impactive Capital | 7.13 mm | $191.63 bn |
BLK Blackrock | 5.27 mm | $141.61 bn |
FMR | 3.40 mm | $91.46 bn |
Vanguard | 2.96 mm | $79.66 bn |
WHG Westwood | 1.26 mm | $33.96 bn |
STT State Street | 1.23 mm | $33.07 bn |
Water Island Capital | 1.20 mm | $32.31 bn |
Royce & Associates | 1.17 mm | $31.46 bn |
Glazer Capital | 1.15 mm | $30.94 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Nov 23 | Timothy Claman | Common Stock | Sale back to company | Dispose D | No | No | 27.05 | 18,077 | 488.98 k | 0 |
7 Nov 23 | Timothy Claman | Common Stock | Sale back to company | Dispose D | No | No | 27.05 | 79,098 | 2.14 mm | 18,077 |
7 Nov 23 | Timothy Claman | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 11,335 | 0.00 | 0 |
7 Nov 23 | Timothy Claman | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 6,944 | 0.00 | 0 |
7 Nov 23 | Timothy Claman | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 3,065 | 0.00 | 0 |
7 Nov 23 | Boggs Paula | Common Stock | Sale back to company | Dispose D | Yes | No | 27.05 | 16,500 | 446.33 k | 0 |
7 Nov 23 | Boggs Paula | Common Stock | Sale back to company | Dispose D | No | No | 27.05 | 6,203 | 167.79 k | 0 |
7 Nov 23 | Boggs Paula | Common Stock | Sale back to company | Dispose D | No | No | 27.05 | 105,931 | 2.87 mm | 6,203 |
7 Nov 23 | Robert M Bakish | Common Stock | Sale back to company | Dispose D | Yes | No | 27.05 | 27,000 | 730.35 k | 0 |
7 Nov 23 | Robert M Bakish | Common Stock | Sale back to company | Dispose D | No | No | 27.05 | 6,203 | 167.79 k | 0 |