Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
"Insider Buying" is not a crime when the buying is based on public information.
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell. That's why people pay attention to insider buying.
- Asmar Christian - Director,>10% Owner, Bought $6,180,000 worth of shares on 2 days ago
In addition, TradingView issued a Sell rating for AVID over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bullish short-term outlook.
Avid Technology, AVID
Summary: Avid Technology, Inc. develops, markets, sells and supports a wide range of software and systems for creating and manipulating digital media content. Digital media are media elements, whether video or audio or graphics, in which the image, sound or picture is recorded and stored asdigital values, as opposed to analog signals. The company's systems are designed to improve the productivity of video and film editors by enabling them to edit moving pictures and sound in a faster, easier, and more cost-effective manner than traditional analog tape-based systems.
- Last Price: $26.16
- Price Change: $2.13, 8.8639%
- Yearly Gain: -17.22%
- Market Cap: $1.18B
- P/E Ratio: 23.233
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