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Avid Technology (AVID)

Company Profile

Company profile

Ticker

AVID

Exchange

Website

CEO

Jeff Rosica

Incorporated

Location

Fiscal year end

Industry (SIC)

Services - Prepackaged Software

Microsoft • Oracle • FS KKR Capital • Mobileye Global • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • Southwestern Energy ...

Former names

AVID TECHNOLOGY INC

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

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

1M 3M 6M 1Y

Latest filings (excl ownership)

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Securities registration termination

STG Completes Acquisition of Avid Technology

Exchange delisting

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Transcripts

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Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

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Lauren Taylor Wolfe

Impactive Capital LP

JOHN P. WALLACE

Mariesa Victoria

Daniel B. Silvers

Financial summary

Financial statements Chart AVID financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
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
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)	66.98 mm	15.91 mm	36.84 mm	n/a	62.16 mm	7.16 mm
Cash remaining	-43.94 mm	7.12 mm	-13.81 mm	n/a	-39.13 mm	15.87 mm
Runway (months of cash)	-10.5	7.2	-6.0	n/a	-10.1	35.5

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

AVID institutional ownership history Ownership history

0.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	1	–
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0.00	0.00
Total shares	100.00	100.00	–
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
STG Vii	100.00	$0.00	0.0%

Largest transactions	Shares	Bought/sold	Change
STG Vii	100.00	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AVID insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
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
7 Nov 23	Robert M Bakish	Common Stock	Sale back to company	Dispose D	No	No	27.05	684,732	18.52 mm	6,203
7 Nov 23	David Toomey	Common Stock	Sale back to company	Dispose D	No	No	27.05	16,822	455.04 k	0
7 Nov 23	David Toomey	Common Stock	Sale back to company	Dispose D	No	No	27.05	6,168	166.84 k	16,822
7 Nov 23	David Toomey	RSU Common Stock	Sale back to company	Dispose D	No	No	0	10,463	0.00	0
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

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

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