Eden Zafrani Sells 500 Shares of Nayax (NASDAQ:NYAX) Stock

Nayax Ltd. (NASDAQ:NYAXGet Free Report) insider Eden Zafrani sold 500 shares of Nayax stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $64.89, for a total value of $32,445.00. Following the completion of the transaction, the insider owned 14,869 shares of the company’s stock, valued at approximately $964,849.41. This trade represents a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Nayax Stock Up 4.4%

NYAX traded up $2.85 on Wednesday, hitting $68.36. 4,323 shares of the company were exchanged, compared to its average volume of 19,248. The firm has a 50-day moving average price of $67.50 and a two-hundred day moving average price of $59.67. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 0.53. Nayax Ltd. has a twelve month low of $39.17 and a twelve month high of $76.86. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 86.53 and a beta of 0.41.

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

Hedge Funds Weigh In On Nayax

Several large investors have recently bought and sold shares of NYAX. Public Employees Retirement System of Ohio increased its holdings in shares of 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 period. Russell Investments Group Ltd. grew its stake in shares of Nayax by 210.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 590 shares of the company’s stock valued at $30,000 after purchasing an additional 400 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Nayax by 8.0% in the 4th 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 during the last quarter. Osaic Holdings Inc. acquired a new position in shares of Nayax in the second quarter valued at approximately $33,000. Finally, Geode Capital Management LLC increased its holdings 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 period. Institutional investors and hedge funds own 34.87% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on NYAX. Jefferies Financial Group restated a “buy” rating and issued a $79.80 price objective on shares of Nayax in a report on Thursday, May 14th. UBS Group increased their target price on Nayax from $68.00 to $75.00 and gave the company a “neutral” rating in a report on Wednesday, June 24th. Keefe, Bruyette & Woods raised their price target on Nayax from $60.00 to $75.00 and gave the company a “market perform” rating in a research note on Wednesday, May 13th. Wall Street Zen downgraded Nayax from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, William Blair reaffirmed an “outperform” rating on shares of Nayax in a research report on Monday, March 9th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Nayax has an average rating of “Hold” and an average target price of $78.95.

View Our Latest Report on Nayax

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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