Daniel Drees, President at AvidXchange Holdings, Inc. (AVDX), sold 51,944 shares at $9.74 ($506K) on 2025-05-15, disclosed to the SEC on 2025-05-19.
Seasonal sale ($506k) by President — this insider has traded AVDX in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $9.74 | 7,817 | $76K | 15.0% |
| 2 | $9.74 | 7,817 | $76K | 15.0% |
| 3 | $9.74 | 8,377 | $82K | 16.1% |
| 4 | $9.74 | 8,377 | $82K | 16.1% |
| 5 | $9.74 | 9,778 | $95K | 18.8% |
| 6 | $9.74 | 9,778 |
| $95K |
| 18.8% |
| Total | $9.74 avg | 51,944 | $506K | 100% |
| Filing → |
| AVDX | SELL | 2024-08-29 | $301K | — | Filing → |
| AVDX | SELL | 2024-05-17 | $359K | — | Filing → |
| AVDX | SELL | 2024-03-22 | $458K | — | Filing → |