Nayax Ltd. (NASDAQ:NYAX – Get Free Report) CFO Sagit Manor sold 489 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $68.06, for a total value of $33,281.34. Following the sale, the chief financial officer directly owned 46,783 shares of the company’s stock, valued at approximately $3,184,050.98. This represents a 1.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Sagit Manor also recently made the following trade(s):
- On Monday, May 18th, Sagit Manor sold 251 shares of Nayax stock. The shares were sold at an average price of $64.58, for a total transaction of $16,209.58.
- On Wednesday, April 22nd, Sagit Manor sold 1,754 shares of Nayax stock. The stock was sold at an average price of $63.94, for a total transaction of $112,150.76.
Nayax Stock Up 1.0%
NYAX stock opened at $65.64 on Tuesday. The stock has a market capitalization of $2.40 billion, a PE ratio of 83.09 and a beta of 0.41. The company has a fifty day moving average of $65.50 and a 200-day moving average of $57.42. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.88 and a current ratio of 0.99. Nayax Ltd. has a one year low of $39.17 and a one year high of $76.86.
Institutional Investors Weigh In On Nayax
Several institutional investors and hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio grew its stake in Nayax by 9.3% in the 4th quarter. Public Employees Retirement System of Ohio now owns 3,894 shares of the company’s stock valued at $197,000 after acquiring an additional 330 shares during the last quarter. Russell Investments Group Ltd. raised its position in Nayax by 210.5% during the second quarter. Russell Investments Group Ltd. now owns 590 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Nayax by 8.0% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 8,058 shares of the company’s stock valued at $407,000 after purchasing an additional 594 shares in the last quarter. Osaic Holdings Inc. acquired a new stake in shares of Nayax in the second quarter valued at approximately $33,000. Finally, Geode Capital Management LLC grew its position in shares of Nayax by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 36,139 shares of the company’s stock valued at $1,825,000 after purchasing an additional 715 shares during the last quarter. 34.87% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts recently weighed in on NYAX shares. Wall Street Zen lowered Nayax from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Zacks Research downgraded Nayax from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. Oppenheimer upgraded shares of Nayax from a “market perform” rating to an “outperform” rating and set a $86.00 target price on the stock in a research report on Wednesday, May 27th. Jefferies Financial Group reaffirmed a “buy” rating and set a $79.80 price target on shares of Nayax in a research note on Thursday, May 14th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Nayax from $60.00 to $75.00 and gave the company a “market perform” rating in a research note on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $77.20.
Get Our Latest Research Report on NYAX
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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