506,952 Shares in NCR Voyix Corporation $VYX Purchased by Whetstone Capital Advisors LLC

Key Points

• Whetstone Capital Advisors LLC acquired 506,952 shares of NCR Voyix Corporation, valued at approximately $4.943 million, making it 2.2% of their portfolio and the company’s 18th largest position.
• Institutional ownership of NCR Voyix is high, with 97.00% of the stock being held by various hedge funds and institutional investors, indicating strong market confidence.
• NCR Voyix reported a quarterly EPS of $0.19, beating estimates, although its revenue was down 7.8% year-over-year, prompting analysts to set varying price targets for the stock.

Whetstone Capital Advisors LLC bought a new position in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 506,952 shares of the company's stock, valued at approximately $4,943,000. NCR Voyix makes up 2.2% of Whetstone Capital Advisors LLC's portfolio, making the stock its 18th largest position. Whetstone Capital Advisors LLC owned 0.36% of NCR Voyix at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its position in shares of NCR Voyix by 375.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company's stock worth $65,000 after acquiring an additional 5,252 shares in the last quarter. Spire Wealth Management raised its position in shares of NCR Voyix by 20.7% in the first quarter. Spire Wealth Management now owns 7,930 shares of the company's stock worth $77,000 after buying an additional 1,360 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of NCR Voyix in the first quarter worth $152,000. Mariner LLC raised its position in shares of NCR Voyix by 6.6% in the fourth quarter. Mariner LLC now owns 14,022 shares of the company's stock worth $194,000 after buying an additional 872 shares in the last quarter. Finally, Teacher Retirement System of Texas purchased a new stake in shares of NCR Voyix in the first quarter worth $198,000. Hedge funds and other institutional investors own 97.00% of the company's stock.

NCR Voyix Trading Down 0.1%

Shares of NYSE VYX traded down $0.02 during trading hours on Tuesday, hitting $13.54. The company's stock had a trading volume of 277,542 shares, compared to its average volume of 1,860,086. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 1.16. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 1.90 and a beta of 1.67. NCR Voyix Corporation has a 12 month low of $7.55 and a 12 month high of $15.34. The business has a 50-day simple moving average of $13.01 and a 200-day simple moving average of $11.20.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.05. The company had revenue of $666.00 million for the quarter, compared to analysts' expectations of $648.13 million. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%.NCR Voyix's quarterly revenue was down 7.8% on a year-over-year basis. During the same period last year, the firm earned ($0.20) earnings per share. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. On average, analysts anticipate that NCR Voyix Corporation will post -0.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on VYX shares. Stephens increased their price objective on NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Needham & Company LLC lowered their price objective 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. The Goldman Sachs Group increased their price objective on NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Finally, Stifel Nicolaus increased their price objective on NCR Voyix from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $14.20.

NCR Voyix 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.