NCR Voyix Co. (NYSE:VYX) Director Buys $248,952.00 in Stock

NCR Voyix Co. (NYSE:VYX) Director Laura Sen bought 22,550 shares of the business’s stock in a transaction on Tuesday, May 13th. The stock was purchased at an average cost of $11.04 per share, for a total transaction of $248,952.00. Following the transaction, the director now owns 52,203 shares of the company’s stock, valued at $576,321.12. This trade represents a 76.05% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NCR Voyix Stock Up 0.1%

NCR Voyix stock opened at $10.90 on Friday. NCR Voyix Co. has a twelve month low of $7.55 and a twelve month high of $15.34. The stock’s fifty day simple moving average is $9.24 and its 200-day simple moving average is $11.84. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $1.50 billion, a P/E ratio of 2.52 and a beta of 1.52.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.07. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The business had revenue of $617.00 million for the quarter, compared to analyst estimates of $608.67 million. During the same quarter in the prior year, the company earned $0.13 earnings per share. The company’s revenue was down 13.1% on a year-over-year basis. As a group, equities analysts expect that NCR Voyix Co. will post -0.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Royal Bank of Canada reissued an “outperform” rating and issued a $17.00 target price on shares of NCR Voyix in a research report on Tuesday, March 25th. Needham & Company LLC cut their target price on NCR Voyix from $15.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, May 9th. Finally, The Goldman Sachs Group boosted their target price on NCR Voyix from $8.50 to $11.00 and gave the company a “neutral” rating in a research report on Friday, May 9th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $14.60.

Institutional Trading of NCR Voyix

A number of large investors have recently modified their holdings of the stock. Clearline Capital LP increased its position in shares of NCR Voyix by 110.8% during the first quarter. Clearline Capital LP now owns 2,626,778 shares of the company’s stock worth $25,611,000 after acquiring an additional 1,380,442 shares during the period. Aristeia Capital L.L.C. purchased a new stake in shares of NCR Voyix during the first quarter worth $317,000. Goldman Sachs Group Inc. increased its position in shares of NCR Voyix by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,672,423 shares of the company’s stock worth $16,306,000 after acquiring an additional 362,834 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in NCR Voyix by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company’s stock valued at $848,000 after buying an additional 4,181 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in NCR Voyix by 56.5% in the first quarter. AQR Capital Management LLC now owns 60,111 shares of the company’s stock valued at $586,000 after buying an additional 21,698 shares during the last quarter. Hedge funds and other institutional investors own 97.00% of the company’s stock.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers.