Insider Selling: Diebold Nixdorf (NYSE:DBD) Major Shareholder Sells $7,330,838.66 in Stock

Diebold Nixdorf, Incorporated (NYSE:DBDGet Free Report) major shareholder Millstreet Capital Management sold 88,334 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $82.99, for a total transaction of $7,330,838.66. Following the sale, the insider directly owned 4,616,104 shares of the company’s stock, valued at approximately $383,090,470.96. The trade was a 1.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Millstreet Capital Management also recently made the following trade(s):

  • On Thursday, April 16th, Millstreet Capital Management sold 60,833 shares of Diebold Nixdorf stock. The shares were sold at an average price of $84.77, for a total transaction of $5,156,813.41.
  • On Wednesday, April 15th, Millstreet Capital Management sold 51,472 shares of Diebold Nixdorf stock. The shares were sold at an average price of $85.43, for a total transaction of $4,397,252.96.
  • On Wednesday, April 8th, Millstreet Capital Management sold 399,929 shares of Diebold Nixdorf stock. The shares were sold at an average price of $82.42, for a total transaction of $32,962,148.18.

Diebold Nixdorf Stock Performance

DBD stock opened at $81.86 on Friday. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 27.75 and a beta of 1.13. The firm has a 50-day simple moving average of $79.80 and a two-hundred day simple moving average of $74.41. Diebold Nixdorf, Incorporated has a one year low of $50.27 and a one year high of $89.05. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.89 and a current ratio of 1.28.

Diebold Nixdorf (NYSE:DBDGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.01). Diebold Nixdorf had a net margin of 2.80% and a return on equity of 18.82%. The company had revenue of $888.20 million for the quarter, compared to analyst estimates of $846.23 million. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. On average, equities analysts forecast that Diebold Nixdorf, Incorporated will post 5.5 EPS for the current fiscal year.

Hedge Funds Weigh In On Diebold Nixdorf

Several hedge funds and other institutional investors have recently bought and sold shares of the business. William Blair Investment Management LLC increased its holdings in Diebold Nixdorf by 12.1% in the 3rd quarter. William Blair Investment Management LLC now owns 1,819,728 shares of the technology company’s stock worth $103,779,000 after buying an additional 197,086 shares during the period. Dimensional Fund Advisors LP increased its holdings in Diebold Nixdorf by 16.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,148,962 shares of the technology company’s stock worth $86,672,000 after buying an additional 165,324 shares during the period. Geode Capital Management LLC increased its holdings in Diebold Nixdorf by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 736,081 shares of the technology company’s stock worth $49,983,000 after buying an additional 11,142 shares during the period. Irenic Capital Management LP increased its holdings in Diebold Nixdorf by 8.5% in the 4th quarter. Irenic Capital Management LP now owns 644,057 shares of the technology company’s stock worth $43,725,000 after buying an additional 50,596 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Diebold Nixdorf by 20.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 519,201 shares of the technology company’s stock worth $39,169,000 after buying an additional 88,534 shares during the period. Institutional investors and hedge funds own 97.04% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Wedbush set a $100.00 price objective on shares of Diebold Nixdorf in a report on Friday, February 13th. Weiss Ratings upgraded shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, February 17th. Finally, DA Davidson restated a “buy” rating and set a $100.00 price objective on shares of Diebold Nixdorf in a report on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Diebold Nixdorf has a consensus rating of “Buy” and a consensus target price of $100.00.

Check Out Our Latest Research Report on Diebold Nixdorf

About Diebold Nixdorf

(Get Free Report)

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.

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