Company Overview
Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. The company's video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; Avid NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its audio products and solutions comprise Pro Tools digital audio software solutions to facilitate the audio production process; Sibelius solution to create, edit, and publish musical scores; S6 line of complementary control surfaces and consoles; S1 and S4 audio control surfaces; and VENUE | S6L live sound system for mixing audio for live sound reinforcement. The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment. In addition, it offers various maintenance contracts and support services; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners, as well as develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts.
Company Information
- CEO
- Jeffrey Rosica
- Sector
- Technology
- Industry
- Electronic Gaming & Multimedia
- Employees
- 1485
Contact Information
- Website
- https://www.avid.com
- Address
- 75 Network Drive
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Technology leader with 1.19B market capitalization
- Trading Volume: 412.36K shares traded today
- Price Range: 52-week range of $19.78 - $33.41
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Avid Technology, Inc.
Avid Technology, Inc. (AVID) operates in the Electronic Gaming & Multimedia industry within the Technology sector. With a current market capitalization of 1.19B, the company represents a significant player in its market. The stock is currently trading at $27.05 with a positivedaily change of 0.02%.
The company's 1485 employee base and presence on the NASDAQ Global Selectexchange position it as a Technology sector leader. Investors should consider the stock's P/E ratio of 37.56, beta of 1.13, and 52-week price range from $19.78 to $33.41when evaluating investment opportunities.
Why Invest in Avid Technology, Inc.?
Strengths
- • Established market presence in Technology
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Jeffrey Rosica
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Technology Sector
The Technology sector includes companies that develop and provide technology products and services, including software, hardware, and digital solutions.