SCHEDULE: FMR LLC & Abigail Johnson Disclose Avidxchange Stake
Beneficial Ownership Disclosure
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a 0.1% beneficial ownership stake in Avidxchange Holdings Inc. as of June 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson, through various entities, beneficially own 277,693.86 shares of Avidxchange Holdings Inc. common stock.
- This ownership represents 0.1% of the total outstanding common stock of Avidxchange Holdings Inc.
- The filing is an Amendment No. 2 to a Schedule 13G, indicating a passive investment intent.
- The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a routine beneficial ownership disclosure (Schedule 13G) indicating a passive, non-controlling stake. It contains no operational or financial updates from the issuer, thus having a neutral sentiment.
Risks
- The reporting persons certify that the securities were not acquired or held for the purpose of or with the effect of changing or influencing the control of Avidxchange Holdings Inc.
Future Outlook
The filing indicates the beneficial ownership position of FMR LLC and Abigail P. Johnson in Avidxchange Holdings Inc. as of June 30, 2025.
Industry Context
This filing is a routine disclosure by a large institutional investor, FMR LLC (Fidelity Management & Research Company LLC), and its principal, Abigail P. Johnson, regarding their passive ownership stake in a publicly traded company. Such filings are common in the financial industry to maintain transparency regarding significant, non-controlling investments.
Stakeholder Impact
- Shareholders: Provides transparency regarding a passive, non-controlling ownership stake by a major institutional investor.
Key Dates
| Date | Description |
|---|---|
| 2023-05-23 | Effective date of Power of Attorney for Richard Bourgelas to sign on behalf of FMR LLC and Abigail P. Johnson. |
| 2023-08-08 | Date of previous Schedule 13G filing by FMR LLC (referenced for Power of Attorney incorporation). |
| 2025-06-30 | Date of event which requires filing of this statement, representing the beneficial ownership snapshot date. |
| 2025-08-05 | Date of agreement and consent to joint filing of this Schedule 13G and signature date for FMR LLC and Abigail P. Johnson. |
Keywords
Avidxchange Holdings Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management, Financial Services
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