Avid Technology, Inc. (AVID) Holdings Lifted by Teachers Advisors LLC

Teachers Advisors LLC grew its holdings in shares of Avid Technology, Inc. (OTCMKTS:AVID) by 58.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 81,463 shares of the technology company’s stock after purchasing an additional 30,183 shares during the quarter. Teachers Advisors LLC owned approximately 0.20% of Avid Technology worth $428,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Paradigm Capital Management Inc. NY increased its holdings in shares of Avid Technology by 23.4% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 240,400 shares of the technology company’s stock worth $1,265,000 after buying an additional 45,600 shares during the last quarter. S Squared Technology LLC acquired a new stake in shares of Avid Technology during the 2nd quarter worth $1,262,000. Alliancebernstein L.P. acquired a new stake in shares of Avid Technology during the 2nd quarter worth $140,000. SG Americas Securities LLC increased its holdings in shares of Avid Technology by 32.1% during the 2nd quarter. SG Americas Securities LLC now owns 39,248 shares of the technology company’s stock worth $206,000 after buying an additional 9,543 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Avid Technology by 1.5% during the 2nd quarter. Rhumbline Advisers now owns 38,892 shares of the technology company’s stock worth $205,000 after buying an additional 558 shares during the last quarter.

ILLEGAL ACTIVITY WARNING: “Avid Technology, Inc. (AVID) Holdings Lifted by Teachers Advisors LLC” was reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The original version of this article can be accessed at https://www.chaffeybreeze.com/2017/11/14/avid-technology-inc-avid-holdings-lifted-by-teachers-advisors-llc.html.

A number of analysts have recently commented on AVID shares. Zacks Investment Research downgraded Avid Technology from a “hold” rating to a “sell” rating in a report on Friday, August 11th. ValuEngine downgraded Avid Technology from a “buy” rating to a “hold” rating in a report on Friday, September 1st.

Avid Technology, Inc. (OTCMKTS:AVID) opened at $5.11 on Tuesday. Avid Technology, Inc. has a 12-month low of $3.99 and a 12-month high of $6.07.

Avid Technology Profile

Avid Technology, Inc is a provider of an open and integrated technology platform, along with applications and services that enable the creation, distribution and monetization of audio and video content. The Company develops, markets, sells and supports software and hardware for digital media content production, management, secured content storage and distribution.

Institutional Ownership by Quarter for Avid Technology (OTCMKTS:AVID)

Receive News & Ratings for Avid Technology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avid Technology Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply