Microsoft Corp MSFT:NASDAQ

Last Price$208.70Cboe Closing Price as of 4:22PM ET 8/13/20
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Today's Change-0.49(0.23%)
Bid (Size)$208.68 (10)
Ask (Size)$209.80 (55)
Day Low / High$208.17 - 211.35
Volume22.5 M

Insider Trends: Avid Technology Insider 90-Day Buying Trend Prolonged with Purchase

6:08PM ET 7/13/2020 MT Newswires
Christian Asmar, 10% Owner and Director, on Jul 09, 2020, made a purchase of 108,102 shares in Avid Technology (AVID) for $749,192. Asmar has control over 6,907,134 company shares of which 25,341 shares are controlled directly and 6,881,793 shares indirectly subsequent to the transactions designated in the SEC Form 4 filing. These holdings have an approximate market value of $49.9 million as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 27 insider transactions reported to the SEC for Avid Technology. These transactions came from the activities of 14 individual insiders that resulted in a net acquisition of 2,625,995 company shares. Relative to the preceding 90-day window of time, there were 31 transactions from 9 insiders which resulted in the net acquisition of 992,696 shares.

This is a lower level of transactions than the peer group average in the 16-company Computer Peripherals peer group over the last 90-day period. Within the peer group activity averaged 90.5 transactions per company, with company insiders acquiring on average 137,928 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/896841/000092189520001978/xslF345X03/form412236003_07132020.xml