Nayax Ltd. (NASDAQ:NYAX – Get Free Report) insider David Ben-Avi bought 700 shares of the firm’s stock in a transaction dated Wednesday, September 23rd. The stock was purchased at an average cost of $43.07 per share, for a total transaction of $30,149.00. Following the transaction, the insider directly owned 6,592,402 shares of the company’s stock, valued at $283,934,754.14. The trade was a 0.01% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
David Ben-Avi also recently made the following trade(s):
- On Thursday, September 24th, David Ben-Avi purchased 100 shares of Nayax stock. The shares were purchased at an average cost of $42.09 per share, with a total value of $4,209.00.
- On Tuesday, September 22nd, David Ben-Avi purchased 1,554 shares of Nayax stock. The stock was purchased at an average price of $43.18 per share, with a total value of $67,101.72.
- On Thursday, September 17th, David Ben-Avi acquired 1,014 shares of Nayax stock. The stock was purchased at an average cost of $42.91 per share, for a total transaction of $43,510.74.
Nayax Stock Up 5.0%
NYAX stock opened at $44.75 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 2.12 and a quick ratio of 2.03. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 213.10 and a beta of 0.43. The business’s fifty day moving average price is $55.17 and its two-hundred day moving average price is $61.24. Nayax Ltd. has a fifty-two week low of $39.17 and a fifty-two week high of $76.86.
Hedge Funds Weigh In On Nayax
Several hedge funds and other institutional investors have recently modified their holdings of NYAX. Public Employees Retirement System of Ohio acquired a new position in shares of Nayax during the 2nd quarter worth $239,000. Bank of America Corp DE lifted its position in shares of Nayax by 1,607.2% during the 1st quarter. Bank of America Corp DE now owns 9,270 shares of the company’s stock worth $519,000 after buying an additional 8,727 shares during the last quarter. Tidal Investments LLC acquired a new stake in Nayax in the second quarter valued at about $650,000. Altshuler Shaham Ltd boosted its stake in Nayax by 140.0% in the fourth quarter. Altshuler Shaham Ltd now owns 34,489 shares of the company’s stock valued at $1,742,000 after buying an additional 20,121 shares in the last quarter. Finally, AltraVue Capital LLC bought a new position in Nayax in the fourth quarter valued at about $11,623,000. Institutional investors own 34.87% of the company’s stock.
More Nayax News
Here are the key news stories impacting Nayax this week:
- Positive Sentiment: CEO Yair Nechmad purchased 104,511 shares at an average price of $44.09, investing approximately $4.61 million and increasing his direct ownership by 1.43%. The purchase is a notable signal of management confidence in Nayax’s long-term prospects. CEO insider purchase filing
- Positive Sentiment: Director David Ben-Avi made four additional purchases between September 17 and September 24, acquiring a combined 3,368 shares for roughly $145,000. Although small relative to his existing stake, the repeated buying adds to the overall insider-confidence signal. Nayax insider buying report
- Positive Sentiment: Nayax’s latest quarterly results exceeded expectations, with earnings per share of $0.14 versus a $0.09 consensus estimate and revenue of $122.59 million versus expectations of $116.75 million. This provides fundamental support for the recent buying interest.
- Neutral Sentiment: A report stated that short interest totaled zero shares, implying no days to cover. Because the figure conflicts with the description of a “large increase” in short interest, investors should treat the data cautiously until confirmed.
- Neutral Sentiment: Institutional ownership is 34.87%, with several funds recently initiating or increasing positions. This suggests some professional-investor interest but does not establish a broad consensus.
- Negative Sentiment: The shares remain substantially below their 52-week high and below both the 50-day and 200-day moving averages. Nayax also trades at a very elevated earnings multiple, while the analyst consensus remains “Hold,” with target-price reductions from some firms.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on NYAX shares. 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 report on Friday, August 14th. Barclays cut their target price on Nayax from $75.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. Zacks Research raised Nayax from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 1st. Weiss Ratings cut Nayax from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. Finally, UBS Group reaffirmed a “neutral” rating and issued a $70.00 price target on shares of Nayax in a research note on Tuesday, August 11th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $75.76.
View Our Latest Analysis on NYAX
About Nayax
Nayax Ltd. (NASDAQ: NYAX) is a global financial technology and commerce enablement company that provides payment processing, management software and business intelligence solutions for unattended and self-service markets. Its platform helps businesses accept and manage cashless transactions while monitoring equipment, customer activity and operational performance.
The company’s products and services are used across industries including vending, electric vehicle charging, fuel and convenience retail, parking, laundromats, hospitality and other automated retail environments.
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