Neo Ivy Capital Management bought a new position in NCR Voyix Co. (NYSE:VYX - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 42,447 shares of the company's stock, valued at approximately $587,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC raised its holdings in NCR Voyix by 175.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after buying an additional 1,423 shares during the last quarter. KBC Group NV grew its position in shares of NCR Voyix by 55.1% during the 4th quarter. KBC Group NV now owns 7,148 shares of the company's stock worth $99,000 after buying an additional 2,540 shares during the period. Xponance Inc. acquired a new stake in shares of NCR Voyix during the 4th quarter worth approximately $146,000. Cibc World Markets Corp acquired a new stake in shares of NCR Voyix during the 4th quarter worth approximately $188,000. Finally, Magnetar Financial LLC acquired a new stake in shares of NCR Voyix during the 4th quarter worth approximately $189,000. Institutional investors own 97.00% of the company's stock.
Insider Buying and Selling at NCR Voyix
In other news, Director Laura Sen purchased 22,550 shares of the stock in a transaction dated Tuesday, May 13th. The shares were purchased at an average cost of $11.04 per share, with a total value of $248,952.00. Following the completion of the acquisition, the director now owns 52,203 shares in the company, valued at $576,321.12. This represents a 76.05% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.61% of the company's stock.
Analysts Set New Price Targets
Several brokerages have recently commented on VYX. Needham & Company LLC reduced their price objective on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Royal Bank of Canada reiterated an "outperform" rating and issued a $17.00 target price on shares of NCR Voyix in a research note on Tuesday, March 25th. Finally, The Goldman Sachs Group upped their target price on shares of NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $14.60.
Check Out Our Latest Research Report on VYX
NCR Voyix Stock Performance
Shares of NYSE:VYX traded up $0.19 during midday trading on Thursday, reaching $11.26. The company had a trading volume of 1,008,089 shares, compared to its average volume of 1,800,703. The company's 50 day moving average price is $9.38 and its 200 day moving average price is $11.71. 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 stock has a market cap of $1.55 billion, a P/E ratio of 2.60 and a beta of 1.52. NCR Voyix Co. has a 52-week low of $7.55 and a 52-week high of $15.34.
NCR Voyix (NYSE:VYX - Get Free Report) last issued its quarterly earnings results 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. The company had revenue of $617.00 million for the quarter, compared to the consensus estimate of $608.67 million. NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The firm's quarterly revenue was down 13.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 EPS. As a group, sell-side analysts anticipate that NCR Voyix Co. will post -0.86 EPS for the current fiscal year.
About NCR Voyix
(
Free Report)
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.
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