Nayax Ltd. (NASDAQ:NYAX – Get Free Report) CEO Carly Lisanne Furman sold 382 shares of Nayax stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $68.08, for a total value of $26,006.56. Following the sale, the chief executive officer directly owned 21,439 shares in the company, valued at approximately $1,459,567.12. The trade was a 1.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Carly Lisanne Furman also recently made the following trade(s):
- On Monday, June 1st, Carly Lisanne Furman sold 1,753 shares of Nayax stock. The shares were sold at an average price of $73.31, for a total value of $128,512.43.
Nayax Price Performance
Shares of NASDAQ NYAX opened at $65.00 on Monday. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 0.53. Nayax Ltd. has a fifty-two week low of $39.17 and a fifty-two week high of $76.86. The business has a 50 day moving average price of $65.29 and a two-hundred day moving average price of $57.24. The firm has a market cap of $2.38 billion, a PE ratio of 82.28 and a beta of 0.41.
Institutional Investors Weigh In On Nayax
Several large investors have recently added to or reduced their stakes in NYAX. Vanguard Group Inc. increased its holdings in shares of Nayax by 4,022.5% in the 3rd quarter. Vanguard Group Inc. now owns 548,788 shares of the company’s stock worth $26,210,000 after acquiring an additional 535,476 shares during the period. AltraVue Capital LLC acquired a new position in Nayax during the 4th quarter valued at about $11,623,000. Goldman Sachs Group Inc. boosted its stake in Nayax by 43.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 294,430 shares of the company’s stock valued at $9,966,000 after purchasing an additional 89,886 shares during the period. Assenagon Asset Management S.A. grew its position in Nayax by 36.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 271,071 shares of the company’s stock worth $15,195,000 after purchasing an additional 72,357 shares during the last quarter. Finally, UBS Group AG grew its position in Nayax by 12,665.1% in the 4th quarter. UBS Group AG now owns 57,443 shares of the company’s stock worth $2,907,000 after purchasing an additional 56,993 shares during the last quarter. 34.87% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms recently issued reports on NYAX. Wall Street Zen cut shares of Nayax from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Oppenheimer raised shares of Nayax from a “market perform” rating to an “outperform” rating and set a $86.00 target price for the company in a research report on Wednesday, May 27th. Jefferies Financial Group restated a “buy” rating and issued a $79.80 target price on shares of Nayax in a research note on Thursday, May 14th. UBS Group increased their price target on shares of Nayax from $55.00 to $68.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Finally, Zacks Research downgraded Nayax from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $77.20.
Get Our Latest Stock Report on Nayax
About Nayax
Nayax Ltd. is a global fintech company specializing in cashless payment solutions, telematics and management services for unattended retail environments. Founded in 2005 and headquartered in Israel, Nayax develops hardware and software platforms that enable vending machines, kiosks, laundromats, e-commerce and self-checkout points to accept a wide range of payment methods, including credit and debit cards, mobile wallets and contactless NFC transactions.
The company’s product portfolio comprises proprietary point-of-sale terminals—such as the VPOS and Carbon series—as well as a cloud-based management suite known as the Monyx platform.
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