Nayax (NASDAQ:NYAX) Insider Sells $17,695.60 in Stock

Nayax Ltd. (NASDAQ:NYAXGet Free Report) insider Oren Tepper sold 260 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $68.06, for a total transaction of $17,695.60. Following the sale, the insider owned 19,132 shares of the company’s stock, valued at approximately $1,302,123.92. This represents a 1.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Oren Tepper also recently made the following trade(s):

  • On Monday, June 1st, Oren Tepper sold 1,052 shares of Nayax stock. The stock was sold at an average price of $73.31, for a total transaction of $77,122.12.

Nayax Price Performance

NYAX opened at $63.73 on Thursday. 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 52-week low of $39.17 and a 52-week high of $76.86. The company has a 50 day moving average of $65.89 and a two-hundred day moving average of $57.70. The company has a market cap of $2.33 billion, a P/E ratio of 80.67 and a beta of 0.41.

Nayax (NASDAQ:NYAXGet Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.05). Nayax had a return on equity of 14.09% and a net margin of 6.95%.The business had revenue of $106.86 million for the quarter, compared to analysts’ expectations of $105.64 million. On average, analysts expect that Nayax Ltd. will post 0.73 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Nayax from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Keefe, Bruyette & Woods boosted their price objective on shares of Nayax from $60.00 to $75.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 13th. William Blair restated an “outperform” rating on shares of Nayax in a research note on Monday, March 9th. Oppenheimer upgraded 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 note on Wednesday, May 27th. Finally, UBS Group upped their target price on shares of Nayax from $55.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $77.20.

Get Our Latest Report on NYAX

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Y.D. More Investments Ltd boosted its stake in shares of Nayax by 3.1% in the first quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company’s stock valued at $48,387,000 after purchasing an additional 25,694 shares during the period. Vanguard Group Inc. boosted its stake in shares of Nayax by 4,022.5% in the third quarter. Vanguard Group Inc. now owns 548,788 shares of the company’s stock valued at $26,210,000 after purchasing an additional 535,476 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Nayax by 43.9% in the first 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. boosted its stake in shares of Nayax by 36.4% in the first quarter. Assenagon Asset Management S.A. now owns 271,071 shares of the company’s stock valued at $15,195,000 after purchasing an additional 72,357 shares during the period. Finally, AltraVue Capital LLC purchased a new position in shares of Nayax in the fourth quarter valued at $11,623,000. 34.87% of the stock is currently owned by hedge funds and other institutional investors.

Nayax Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Nayax (NASDAQ:NYAX)

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