Gregg Linn - AvidXchange Holdings President CEO, Director
| AVDX Stock | USD 12.06 0.06 0.50% |
CEO
Mr. Gregg A. Linn has served as our Chief Executive Officer, President and as a Director of Avant Diagnostics, He is our Chief Executive Officer, President and a Director since January 2015. Mr. Linn, age 53, is a certified public accountant licensed in the State of Arizona. Mr. Linn was a senior level executive primarily with small cap publicly traded companies for over 30years. From December 2012 to the present, Mr. Linn served as the Chief Operating Officer and Chief Financial Officer for Avant Diagnostics, Inc., a molecular diagnostics company. Additionally, from March 2012 to the present, Mr. Linn has served as Managing Member and Chief Executive Officer of Precision Metal Products, LLC, a high precision sheet metal manufacture From January 2009 to the present, Mr. Linn has served as the Managing Member and President of Issuers Capital Advisors, LLC, which provides financial advisory services to small cap publicly traded companies since 2014.
| Age | 52 |
| Tenure | 10 years |
| Address | 1210 AvidXchange Lane, Charlotte, NC, United States, 28206 |
| Phone | 800 560 9305 |
| Web | https://www.avidxchange.com |
AvidXchange Holdings Management Efficiency
The company has return on total asset (ROA) of (0.0137) % which means that it has lost $0.0137 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.072) %, meaning that it created substantial loss on money invested by shareholders. AvidXchange Holdings' management efficiency ratios could be used to measure how well AvidXchange Holdings manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.02 in 2024. Return On Capital Employed is likely to drop to -0.06 in 2024. At this time, AvidXchange Holdings' Net Tangible Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 2.2 B in 2024, whereas Other Assets are likely to drop 0.95 in 2024.Similar Executives
| Found 2 records | CEO Age | ||
| Scott Clements | OneSpan | 55 | |
| Morgan Schuessler | Evertec | 51 | |
Management Performance
| Return On Equity | -0.072 | ||||
| Return On Asset | -0.0137 |
AvidXchange Holdings Leadership Team
Elected by the shareholders, the AvidXchange Holdings' board of directors comprises two types of representatives: AvidXchange Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AvidXchange. The board's role is to monitor AvidXchange Holdings' management team and ensure that shareholders' interests are well served. AvidXchange Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AvidXchange Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Praeger, Chairman, CoFounder | ||
| Joseph Roth, Director | ||
| Scott VanderMeer, Principal Executive Officer, Interim CFO | ||
| Andrew DeLao, Director | ||
| Chris Tinsley, CoFounder Advisor | ||
| Philippe Goix, CEO, Director | ||
| Mick Ruxin, President CEO, Director | ||
| Joel Wilhite, Senior CFO | ||
| Gregg Linn, President CEO, Director | ||
| Henry Cole, Director | ||
| Subhaash Kumar, Head Relations | ||
| Jess Antle, Vice Communications | ||
| John Brugmann, Director | ||
| Randall Letcavage, Director | ||
| Gerald Commissiong, Director | ||
| Angelic Gibson, Chief VP | ||
| Al McMillian, Vice Compliance | ||
| Jeffrey Stephens, Director | ||
| Robert Trapp, Director | ||
| Ryan Stahl, General VP | ||
| Rajesh Shrotriya, Director | ||
| Daniel Drees, President | ||
| Melissa SpitzerJohnson, VP Operations | ||
| John Feldman, Chief Officer | ||
| Jeff Stephens, Director | ||
| Jeffrey Busch, Chairman of the Board |
AvidXchange Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is AvidXchange Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.072 | ||||
| Return On Asset | -0.0137 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 2.17 B | ||||
| Shares Outstanding | 206.43 M | ||||
| Shares Owned By Insiders | 9.27 % | ||||
| Shares Owned By Institutions | 77.60 % | ||||
| Number Of Shares Shorted | 6.89 M | ||||
| Price To Earning | (1.03) X |
Pair Trading with AvidXchange Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AvidXchange Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AvidXchange Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AvidXchange Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AvidXchange Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AvidXchange Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AvidXchange Holdings to buy it.
The correlation of AvidXchange Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AvidXchange Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AvidXchange Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AvidXchange Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvidXchange Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.Note that the AvidXchange Holdings information on this page should be used as a complementary analysis to other AvidXchange Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for AvidXchange Stock analysis
When running AvidXchange Holdings' price analysis, check to measure AvidXchange Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AvidXchange Holdings is operating at the current time. Most of AvidXchange Holdings' value examination focuses on studying past and present price action to predict the probability of AvidXchange Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvidXchange Holdings' price. Additionally, you may evaluate how the addition of AvidXchange Holdings to your portfolios can decrease your overall portfolio volatility.
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Is AvidXchange Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AvidXchange Holdings. If investors know AvidXchange will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AvidXchange Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.23) | Revenue Per Share 1.886 | Quarterly Revenue Growth 0.208 | Return On Assets (0.01) | Return On Equity (0.07) |
The market value of AvidXchange Holdings is measured differently than its book value, which is the value of AvidXchange that is recorded on the company's balance sheet. Investors also form their own opinion of AvidXchange Holdings' value that differs from its market value or its book value, called intrinsic value, which is AvidXchange Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AvidXchange Holdings' market value can be influenced by many factors that don't directly affect AvidXchange Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AvidXchange Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if AvidXchange Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AvidXchange Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.