NCR Voyix Co. (NYSE:VYX) Director Laura Sen Buys 22,550 Shares

NCR Voyix Co. (NYSE:VYX) Director Laura Sen bought 22,550 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average cost of $11.04 per share, for a total transaction of $248,952.00. Following the acquisition, the director now directly owns 52,203 shares of the company’s stock, valued at $576,321.12. The trade was a 76.05% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

NCR Voyix Stock Performance

NYSE VYX opened at $10.90 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. NCR Voyix Co. has a 1 year low of $7.55 and a 1 year high of $15.34. The company has a market capitalization of $1.50 billion, a PE ratio of 2.52 and a beta of 1.52. The company has a fifty day moving average of $9.24 and a two-hundred day moving average of $11.84.

NCR Voyix (NYSE:VYX) last announced its earnings results on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.07. NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The business had revenue of $617.00 million during the quarter, compared to the consensus estimate of $608.67 million. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The business’s quarterly revenue was down 13.1% compared to the same quarter last year. As a group, analysts expect that NCR Voyix Co. will post -0.86 earnings per share for the current year.

Institutional Investors Weigh In On NCR Voyix

Several hedge funds have recently made changes to their positions in the business. Clearline Capital LP boosted its stake in shares of NCR Voyix by 110.8% during the first quarter. Clearline Capital LP now owns 2,626,778 shares of the company’s stock worth $25,611,000 after buying an additional 1,380,442 shares during the period. Aristeia Capital L.L.C. acquired a new stake in shares of NCR Voyix during the first quarter worth about $317,000. Goldman Sachs Group Inc. boosted its stake in shares of NCR Voyix by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,672,423 shares of the company’s stock worth $16,306,000 after buying an additional 362,834 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of NCR Voyix by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company’s stock worth $848,000 after buying an additional 4,181 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of NCR Voyix by 56.5% during the first quarter. AQR Capital Management LLC now owns 60,111 shares of the company’s stock worth $586,000 after buying an additional 21,698 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. The Goldman Sachs Group upped their price objective on shares of NCR Voyix from $8.50 to $11.00 and gave the company a “neutral” rating in a research note on Friday, May 9th. Needham & Company LLC decreased their price objective on shares of NCR Voyix from $15.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, May 9th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $17.00 price objective on shares of NCR Voyix in a research note on Tuesday, March 25th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $14.60.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers.