Diebold Nixdorf (NYSE:DBD) Major Shareholder Millstreet Capital Management Sells 88,334 Shares

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 88,334 shares of Diebold Nixdorf stock in a transaction on Monday, June 8th. The stock was sold at an average price of $82.99, for a total transaction of $7,330,838.66. Following the completion of the transaction, the insider directly owned 4,616,104 shares in the company, valued at approximately $383,090,470.96. The trade was a 1.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases 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 stock was 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 stock was 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 stock was sold at an average price of $82.42, for a total transaction of $32,962,148.18.

Diebold Nixdorf Trading Down 0.6%

Shares of NYSE DBD traded down $0.47 during mid-day trading on Wednesday, hitting $81.13. The stock had a trading volume of 251,709 shares, compared to its average volume of 367,664. 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, Incorporated has a 1 year low of $50.27 and a 1 year high of $89.05. The business has a 50 day moving average price of $79.44 and a two-hundred day moving average price of $74.07. The firm has a market cap of $2.81 billion, a P/E ratio of 27.50 and a beta of 1.13.

Diebold Nixdorf (NYSE:DBD) last issued its earnings results on Thursday, April 30th. The technology company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.01). Diebold Nixdorf had a return on equity of 18.82% and a net margin of 2.80%.The firm had revenue of $888.20 million during the quarter, compared to analysts’ expectations of $846.23 million. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. On average, equities analysts anticipate that Diebold Nixdorf, Incorporated will post 5.5 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Trading of Diebold Nixdorf

A number of hedge funds and other institutional investors have recently modified their holdings of DBD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Diebold Nixdorf by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,017 shares of the technology company’s stock worth $657,000 after buying an additional 631 shares during the period. Jones Financial Companies Lllp grew its position in shares of Diebold Nixdorf by 325.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock worth $50,000 after buying an additional 880 shares during the period. Legal & General Group Plc grew its position in shares of Diebold Nixdorf by 42.2% in the 2nd quarter. Legal & General Group Plc now owns 18,633 shares of the technology company’s stock worth $1,032,000 after buying an additional 5,534 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Diebold Nixdorf in the 2nd quarter worth about $3,993,000. Finally, Invesco Ltd. grew its position in shares of Diebold Nixdorf by 308.8% in the 2nd quarter. Invesco Ltd. now owns 73,503 shares of the technology company’s stock worth $4,072,000 after buying an additional 55,525 shares during the period. 97.04% of the stock is owned by hedge funds and other institutional investors.

Diebold Nixdorf Company Profile

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.