AvidXchange will present at the Wolfe FinTech Forum 2025 on March 12, with a live webcast available.
Quiver AI Summary
AvidXchange Holdings, Inc. announced that its management team will present at the Wolfe FinTech Forum 2025 in New York City on March 12, 2025, at 8:10 AM ET. The event will be available to stream live on the company's investor relations website, with a replay accessible for a limited time afterward. AvidXchange specializes in accounts payable automation software and payment solutions for middle market businesses, serving over 8,500 companies and facilitating payments to more than 1.35 million suppliers in the past five years. For further details on AvidXchange’s solutions, visit their website.
Potential Positives
- AvidXchange is scheduled to present at the Wolfe FinTech Forum 2025, providing an opportunity for increased visibility and engagement with investors and industry peers.
- The company serves over 8,500 businesses and has facilitated payments to more than 1,350,000 suppliers, showcasing its significant impact and reach in the accounts payable automation market.
- The live webcast of the presentation allows for broader access to stakeholders, enhancing transparency and communication with investors.
Potential Negatives
- None
FAQ
What is the Wolfe FinTech Forum 2025?
The Wolfe FinTech Forum 2025 is a financial technology event in New York where AvidXchange will present its innovations.
When will AvidXchange participate in the forum?
AvidXchange will participate in the Wolfe FinTech Forum on March 12, 2025, at 8:10 AM ET.
How can I access the AvidXchange presentation?
You can access the live webcast of AvidXchange's presentation on their investor relations website's Events page.
Will there be a replay of the presentation?
Yes, a replay of the webcast will be available for a limited time after the live presentation.
What does AvidXchange specialize in?
AvidXchange specializes in accounts payable automation software and payment solutions for middle market businesses.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AVDX Insider Trading Activity
$AVDX insiders have traded $AVDX stock on the open market 53 times in the past 6 months. Of those trades, 0 have been purchases and 53 have been sales.
Here’s a breakdown of recent trading of $AVDX stock by insiders over the last 6 months:
- MICHAEL PRAEGER (Chief Executive Officer) has made 0 purchases and 8 sales selling 139,332 shares for an estimated $1,327,455.
- ANGELIC GIBSON (See Remarks) has made 0 purchases and 8 sales selling 65,811 shares for an estimated $648,871.
- DANIEL DREES (President) has made 0 purchases and 7 sales selling 55,307 shares for an estimated $478,158.
- TODD ALAN CUNNINGHAM (See Remarks) has made 0 purchases and 9 sales selling 48,331 shares for an estimated $462,374.
- RYAN STAHL (See Remarks) has made 0 purchases and 11 sales selling 51,927 shares for an estimated $444,521.
- JOEL WILHITE (See Remarks) has made 0 purchases and 7 sales selling 50,642 shares for an estimated $436,822.
- JAMES E HAUSMAN sold 25,000 shares for an estimated $281,287
- TERESA MACKINTOSH has made 0 purchases and 2 sales selling 13,716 shares for an estimated $156,783.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$AVDX Hedge Fund Activity
We have seen 114 institutional investors add shares of $AVDX stock to their portfolio, and 109 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL RESEARCH GLOBAL INVESTORS removed 5,783,181 shares (-97.2%) from their portfolio in Q4 2024, for an estimated $59,798,091
- LONE PINE CAPITAL LLC removed 5,078,341 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $41,185,345
- SENVEST MANAGEMENT, LLC removed 4,956,355 shares (-50.4%) from their portfolio in Q4 2024, for an estimated $51,248,710
- AZORA CAPITAL LP added 4,358,498 shares (+inf%) to their portfolio in Q4 2024, for an estimated $45,066,869
- LORD, ABBETT & CO. LLC removed 4,093,610 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $33,199,177
- INTRINSIC EDGE CAPITAL MANAGEMENT LLC removed 2,782,265 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $22,564,169
- KODAI CAPITAL MANAGEMENT LP removed 2,200,392 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $17,845,179
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CHARLOTTE, N.C., March 06, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that members of the management team will participate in the Wolfe FinTech Forum 2025 in New York, NY on Wednesday, March 12, 2025 at 8:10 AM ET.
A live webcast of the presentation will be available on the Events page of the AvidXchange investor relations website at https://ir.avidxchange.com/ . A replay of the webcast will also be available for a limited time.
About AvidXchange™
AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers. AvidXchange’s software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,500 businesses and it has made payments to more than 1,350,000 supplier customers of its buyers over the past five years. To learn more about how AvidXchange is transforming the way companies pay their bills, visit www.AvidXchange.com .
Investor Contact:
Subhaash Kumar
[email protected]
813-760-2309
