• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SCHEDULE 13G/A filed by AvidXchange Holdings Inc.

    5/12/25 10:24:40 AM ET
    $AVDX
    Computer Software: Prepackaged Software
    Technology
    Get the next $AVDX alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13G


    UNDER THE SECURITIES EXCHANGE ACT OF 1934
    (Amendment No. 1)


    AVIDXCHANGE HOLDINGS INC

    (Name of Issuer)


    COMMON STOCK

    (Title of Class of Securities)


    05368X102

    (CUSIP Number)


    03/31/2025

    (Date of Event Which Requires Filing of this Statement)


    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    Checkbox checked   Rule 13d-1(b)
    Checkbox not checked   Rule 13d-1(c)
    Checkbox not checked   Rule 13d-1(d)






    SCHEDULE 13G

    CUSIP No.
    05368X102


    1Names of Reporting Persons

    FMR LLC
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    18,668,402.00
    6Shared Voting Power

    0.00
    7Sole Dispositive Power

    18,870,358.86
    8Shared Dispositive Power

    0.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    18,870,358.86
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    9.2 %
    12Type of Reporting Person (See Instructions)

    HC


    SCHEDULE 13G

    CUSIP No.
    05368X102


    1Names of Reporting Persons

    Abigail P. Johnson
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    UNITED STATES
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    0.00
    6Shared Voting Power

    0.00
    7Sole Dispositive Power

    18,870,358.86
    8Shared Dispositive Power

    0.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    18,870,358.86
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    9.2 %
    12Type of Reporting Person (See Instructions)

    IN


    SCHEDULE 13G

    Item 1. 
    (a)Name of issuer:

    AVIDXCHANGE HOLDINGS INC
    (b)Address of issuer's principal executive offices:

    1210 AVIDXCHANGE LANE,CHARLOTTE,NC,USA,28206
    Item 2. 
    (a)Name of person filing:

    FMR LLC
    (b)Address or principal business office or, if none, residence:

    245 Summer Street, Boston, Massachusetts 02210
    (c)Citizenship:

    Not applicable
    (d)Title of class of securities:

    COMMON STOCK
    (e)CUSIP No.:

    05368X102
    Item 3.If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    (a)Checkbox not checked   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
    (b)Checkbox not checked   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
    (c)Checkbox not checked   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
    (d)Checkbox not checked   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
    (e)Checkbox not checked   An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
    (f)Checkbox not checked   An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
    (g)Checkbox checked   A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
    (h)Checkbox not checked   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)Checkbox not checked   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)Checkbox not checked   A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
           please specify the type of institution:
    (k)Checkbox not checked   Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
     
    Item 4.Ownership
    (a)Amount beneficially owned:

    18870358.86
    (b)Percent of class:

    9.2  %
    (c)Number of shares as to which the person has:
     (i) Sole power to vote or to direct the vote:

    Please see the responses to Items 5 and 6 on the cover page.

     (ii) Shared power to vote or to direct the vote:

    0.00

     (iii) Sole power to dispose or to direct the disposition of:

    18870358.86

     (iv) Shared power to dispose or to direct the disposition of:

    0.00

    Item 5.Ownership of 5 Percent or Less of a Class.
     
    Item 6.Ownership of more than 5 Percent on Behalf of Another Person.
     
    If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.


    One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of AVIDXCHANGE HOLDINGS INC. No one other person's interest in the COMMON STOCK of AVIDXCHANGE HOLDINGS INC is more than five percent of the total outstanding COMMON STOCK.
    Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
     
    If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.


    See attached Exhibit 99.
    Item 8.Identification and Classification of Members of the Group.
     
    Not Applicable
    Item 9.Notice of Dissolution of Group.
     
    Not Applicable

    Item 10.Certifications:
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

        SIGNATURE 
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    FMR LLC
     
    Signature:Stephanie J. Brown
    Name/Title:Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
    Date:05/09/2025
     
    Abigail P. Johnson
     
    Signature:Stephanie J. Brown
    Name/Title:Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
    Date:05/09/2025

    Comments accompanying signature:  * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003.** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
    Exhibit Information

    Please see Exhibit 99 for 13d-1(k) (1) agreement.

    Get the next $AVDX alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $AVDX

    DatePrice TargetRatingAnalyst
    3/4/2025$13.00 → $8.00Overweight → Equal Weight
    Barclays
    2/27/2025Overweight → Sector Weight
    KeyBanc Capital Markets
    12/11/2024$14.00Buy
    BTIG Research
    11/7/2024$8.00 → $15.00Neutral → Buy
    Compass Point
    9/4/2024$8.00Neutral
    Compass Point
    8/20/2024$11.00 → $9.00Overweight → Neutral
    JP Morgan
    8/1/2024$15.00 → $10.00Buy → Neutral
    UBS
    4/15/2024$13.00 → $11.50Neutral → Sell
    Goldman
    More analyst ratings

    $AVDX
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Media Agencies Under Pressure, Turning to AI to Strengthen Financial Health and Cash Flow, AvidXchange Survey Reveals

      CHARLOTTE, N.C., May 20, 2025 (GLOBE NEWSWIRE) -- AvidXchange Inc. (NASDAQ:AVDX) a leading provider in accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, today announced findings from its 2025 Media Agency Health Survey. The survey polled financial leaders at U.S. media and advertising agencies, revealing rising concerns about cash flow management and growing demand for AI-driven solutions to strengthen their financial health. Key Drivers of Financial HealthAgencies cited revenue growth (92%), data protection (91%), and fraud prevention (88%) as vital to financial stability. Cash flow, improved invoicing, talent management, and

      5/20/25 10:00:00 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • AvidXchange Announces First-Quarter 2025 Financial Results

      Q1'25 revenue growth of 2.2% impacted by a combination of lower transaction volume due to macro weakness and higher comparable float and political contributions in Q1'24Q1'25 versus Q1'24 GAAP gross margin expansion continues on lower unit cost and despite lower year over year transaction volume growthQ1'25 versus Q1'24 net cash provided by operating activities swings to $7.4 million from a use of ($6.4) million in the year ago periodThe Company sustains strong balance sheet with cash and marketable securities of $389.3 million CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automatio

      5/7/25 6:45:00 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • Corpay Invests Alongside TPG to Acquire AvidXchange

      Makes $500 million minority investment in take-private transaction with option to acquire 100% Corpay, Inc. (NYSE:CPAY), a leading corporate payments company, today announced that it has signed a definitive agreement to make a minority investment in AvidXchange Holdings, Inc (NASDAQ:AVDX) ("AvidXchange") as part of a transaction to take AvidXchange private alongside TPG for $10.00 per share in a cash transaction that values AvidXchange at $2.2 billion. Under the agreement, Corpay will invest approximately $500 million for a 33% equity stake in the company. The transaction is expected to close in the fourth quarter of 2025, subject to shareholder and regulatory approval and standard closin

      5/6/25 5:01:00 PM ET
      $AVDX
      $CPAY
      Computer Software: Prepackaged Software
      Technology
      Business Services
      Consumer Discretionary

    $AVDX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Officer Wilhite Joel converted options into 16,325 shares and sold $203,627 worth of shares (20,914 units at $9.74), decreasing direct ownership by 0.56% to 808,841 units (SEC Form 4)

      4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)

      5/19/25 7:00:10 PM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • Officer Stahl Ryan converted options into 9,794 shares and sold $87,618 worth of shares (8,999 units at $9.74), increasing direct ownership by 0.12% to 667,226 units (SEC Form 4)

      4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)

      5/19/25 6:59:19 PM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • Chief Executive Officer Praeger Michael converted options into 32,649 shares and sold $389,505 worth of shares (40,005 units at $9.74), decreasing direct ownership by 0.07% to 11,037,830 units (SEC Form 4)

      4 - AvidXchange Holdings, Inc. (0001858257) (Issuer)

      5/19/25 6:58:39 PM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology

    $AVDX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by AvidXchange Holdings Inc.

      SC 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)

      11/14/24 5:26:29 PM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13G filed by AvidXchange Holdings Inc.

      SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)

      11/14/24 12:19:15 PM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13G filed by AvidXchange Holdings Inc.

      SC 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)

      11/12/24 9:50:11 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology

    $AVDX
    SEC Filings

    See more
    • SEC Form SCHEDULE 13G filed by AvidXchange Holdings Inc.

      SCHEDULE 13G - AvidXchange Holdings, Inc. (0001858257) (Subject)

      5/14/25 3:23:09 PM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SCHEDULE 13G/A filed by AvidXchange Holdings Inc.

      SCHEDULE 13G/A - AvidXchange Holdings, Inc. (0001858257) (Subject)

      5/12/25 10:24:40 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • SEC Form DEFA14A filed by AvidXchange Holdings Inc.

      DEFA14A - AvidXchange Holdings, Inc. (0001858257) (Filer)

      5/9/25 5:23:24 PM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology

    $AVDX
    Financials

    Live finance-specific insights

    See more
    • AvidXchange Announces First-Quarter 2025 Financial Results

      Q1'25 revenue growth of 2.2% impacted by a combination of lower transaction volume due to macro weakness and higher comparable float and political contributions in Q1'24Q1'25 versus Q1'24 GAAP gross margin expansion continues on lower unit cost and despite lower year over year transaction volume growthQ1'25 versus Q1'24 net cash provided by operating activities swings to $7.4 million from a use of ($6.4) million in the year ago periodThe Company sustains strong balance sheet with cash and marketable securities of $389.3 million CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX), a leading provider of accounts payable (AP) automatio

      5/7/25 6:45:00 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • AvidXchange Agrees to be Acquired by TPG in Partnership with Corpay for $2.2 Billion

      CHARLOTTE, N.C., May 06, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (NASDAQ:AVDX) ("AvidXchange" or the "Company"), a leading provider of accounts payable (AP) automation software and payment solutions, today announced that it has entered into a definitive agreement to be acquired by TPG (NASDAQ:TPG), a global alternative asset management firm, in partnership with Corpay, a global leader in corporate payments. TPG and Corpay will acquire AvidXchange for $10.00 per share in a cash transaction that values AvidXchange at $2.2 billion. TPG will acquire a majority interest in AvidXchange through TPG Capital, the firm's U.S. and European private equity platform. Corpay will acquire a mi

      5/6/25 4:53:33 PM ET
      $AVDX
      $CPAY
      $TPG
      Computer Software: Prepackaged Software
      Technology
      Business Services
      Consumer Discretionary
    • AvidXchange Announces Timing of Its First Quarter 2025 Financial Results Conference Call and Webcast

      CHARLOTTE, N.C., April 08, 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 its first quarter 2025 ended March 31, 2025, financial results will be released on Wednesday, May 7, 2025. AvidXchange plans to host a conference call at 10:00 AM ET on May 7, 2025, to discuss the company's financial results. The call will be broadcast live via webcast at https://ir.avidxchange.com/. Following the completion of the call, a recorded replay of the call will be available on the AvidXchange Investor Relations website. About Avid

      4/8/25 8:30:00 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology

    $AVDX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • AvidXchange downgraded by Barclays with a new price target

      Barclays downgraded AvidXchange from Overweight to Equal Weight and set a new price target of $8.00 from $13.00 previously

      3/4/25 7:20:00 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • AvidXchange downgraded by KeyBanc Capital Markets

      KeyBanc Capital Markets downgraded AvidXchange from Overweight to Sector Weight

      2/27/25 6:15:55 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology
    • BTIG Research resumed coverage on AvidXchange with a new price target

      BTIG Research resumed coverage of AvidXchange with a rating of Buy and set a new price target of $14.00

      12/11/24 7:22:43 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology

    $AVDX
    Leadership Updates

    Live Leadership Updates

    See more
    • AvidXchange Names John Feldman Chief Operating Officer, Appoints Doug Anderson as Chief Product Officer

      CHARLOTTE, N.C., Aug. 02, 2023 (GLOBE NEWSWIRE) -- AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that John Feldman has been elevated to the role of Chief Operating Officer of AvidXchange, Inc. Feldman will continue to oversee the transformation of the company's service and fulfillment operations around standardization, sourcing and automation. Additionally, Doug Anderson has joined AvidXchange, Inc. as Chief Product Officer to lead the company's product strategy and innovation. Feldman joined AvidXchange in 2019 as Senior Vice President of Operations. Prior to joining the

      8/2/23 9:00:00 AM ET
      $AVDX
      Computer Software: Prepackaged Software
      Technology