Cadence Capital Management LLC Makes New Investment in Avid Technology, Inc. (NASDAQ:AVID)

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Cadence Capital Management LLC owned about 0.66% of Avid Technology at the end of the most recent reporting period. SG Americas Securities LLC acquired a new position in Avid Technology during the 2nd quarter worth approximately $114,000. Chicago Equity Partners LLC acquired a new position in Avid Technology during the 2nd quarter worth approximately $151,000. Maxim Group reiterated a “buy” rating and set a $14.00 target price on shares of Avid Technology in a research report on Tuesday, November 5th. Avid Technology, Inc develops, markets, sells, and supports software, hardware, and integrated solutions for video and audio content creation, management, and distribution worldwide.

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