Nayax Ltd. (NASDAQ:NYAX – Get Free Report) insider Aaron Greenberg sold 276 shares of the company’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $48.55, for a total value of $13,399.80. Following the completion of the transaction, the insider owned 24,872 shares of the company’s stock, valued at $1,207,535.60. The trade was a 1.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Aaron Samuel Greenberg also recently made the following trade(s):
- On Monday, September 28th, Aaron Greenberg sold 54 shares of Nayax stock. The stock was sold at an average price of $44.63, for a total transaction of $2,410.02.
- On Friday, September 4th, Aaron Greenberg sold 77 shares of Nayax stock. The stock was sold at an average price of $52.31, for a total transaction of $4,027.87.
Nayax Stock Performance
Nayax stock traded up $0.52 on Tuesday, hitting $49.08. The company’s stock had a trading volume of 2,099 shares, compared to its average volume of 20,944. Nayax Ltd. has a one year low of $39.17 and a one year high of $76.86. The firm has a market cap of $1.80 billion, a P/E ratio of 233.69 and a beta of 0.46. The company has a quick ratio of 2.03, a current ratio of 2.12 and a debt-to-equity ratio of 1.43. The company has a fifty day moving average price of $47.80 and a 200-day moving average price of $58.44.
Nayax (NASDAQ:NYAX – Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. Nayax had a net margin of 1.74% and a return on equity of 10.45%. The company had revenue of $122.59 million during the quarter, compared to the consensus estimate of $116.75 million. On average, equities analysts anticipate that Nayax Ltd. will post 0.75 earnings per share for the current year.
Analyst Ratings Changes
NYAX has been the subject of a number of analyst reports. Barclays cut their price target on shares of Nayax from $75.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 11th. UBS Group reissued a “neutral” rating and issued a $70.00 target price on shares of Nayax in a report on Tuesday, August 11th. Weiss Ratings cut Nayax from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, September 22nd. Jefferies Financial Group assumed coverage on Nayax in a research report on Wednesday, October 7th. They set a “buy” rating and a $68.30 target price for the company. Finally, Keefe, Bruyette & Woods raised Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 price target on the stock in a research note on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $73.46.
Check Out Our Latest Report on Nayax
Hedge Funds Weigh In On Nayax
A number of institutional investors and hedge funds have recently added to or reduced their stakes in NYAX. Y.D. More Investments Ltd grew its stake in Nayax by 3.1% during the first quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company’s stock worth $48,387,000 after buying an additional 25,694 shares during the last quarter. Altshuler Shaham Ltd increased its holdings in shares of Nayax by 5.0% during the first quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company’s stock worth $2,026,000 after buying an additional 1,731 shares in the last quarter. Tidal Investments LLC bought a new position in shares of Nayax in the second quarter valued at approximately $650,000. Bank of America Corp DE raised its stake in shares of Nayax by 1,607.2% in the first quarter. Bank of America Corp DE now owns 9,270 shares of the company’s stock valued at $519,000 after acquiring an additional 8,727 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Nayax in the 2nd quarter worth approximately $239,000. 34.87% of the stock is currently owned by institutional investors and hedge funds.
Nayax Company Profile
Nayax Ltd. (NASDAQ: NYAX) is a global commerce-enablement and payments technology company headquartered in Israel. It provides cashless payment solutions, transaction processing, and business-management tools for operators of unattended and automated retail environments.
The company’s products and services include payment terminals, cloud-based management software, telemetry and monitoring tools, customer engagement solutions, and loyalty capabilities. Nayax’s technology is used across a range of sectors, including vending, electric-vehicle charging, self-service laundries, fuel and convenience retail, parking, hospitality, and other automated or self-service businesses.
Founded in 2005, Nayax serves merchants and consumers in markets around the world through an international network of operations and partners.
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