General American Investors Co. Inc. Acquires New Shares in NCR Voyix Corporation (NYSE:VYX)

General American Investors Co. Inc. bought a new position in NCR Voyix Corporation (NYSE:VYX - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 541,727 shares of the company's stock, valued at approximately $5,282,000. General American Investors Co. Inc. owned about 0.39% of NCR Voyix at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Mariner LLC boosted its stake in shares of NCR Voyix by 6.6% during the fourth quarter. Mariner LLC now owns 14,022 shares of the company's stock valued at $194,000 after purchasing an additional 872 shares during the period. Summit Investment Advisors Inc. boosted its stake in shares of NCR Voyix by 6.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 15,221 shares of the company's stock valued at $211,000 after purchasing an additional 966 shares during the period. Trajan Wealth LLC boosted its stake in shares of NCR Voyix by 9.0% during the fourth quarter. Trajan Wealth LLC now owns 15,315 shares of the company's stock valued at $212,000 after purchasing an additional 1,269 shares during the period. Spire Wealth Management boosted its stake in shares of NCR Voyix by 20.7% during the first quarter. Spire Wealth Management now owns 7,930 shares of the company's stock valued at $77,000 after purchasing an additional 1,360 shares during the period. Finally, Bank of Montreal Can boosted its stake in shares of NCR Voyix by 8.2% during the fourth quarter. Bank of Montreal Can now owns 19,703 shares of the company's stock valued at $273,000 after purchasing an additional 1,489 shares during the period. Institutional investors own 97.00% of the company's stock.

Insider Activity at NCR Voyix

In related news, Director Laura Sen bought 22,550 shares of the business's 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 purchase, the director owned 52,203 shares in the company, valued at approximately $576,321.12. The trade was a 76.05% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.29% of the company's stock.

Analyst Upgrades and Downgrades

VYX has been the subject of a number of recent analyst reports. Stephens upped their target price on NCR Voyix from $12.00 to $15.00 and gave the company an "overweight" rating in a report on Monday, June 9th. Needham & Company LLC reduced their price objective on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Royal Bank Of Canada reissued an "outperform" rating and set a $17.00 price objective on shares of NCR Voyix in a research report on Tuesday, March 25th. Finally, The Goldman Sachs Group boosted their price objective on shares of 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. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $14.40.

NCR Voyix Stock Down 0.3%

VYX traded down $0.04 during trading on Friday, reaching $14.11. The stock had a trading volume of 1,923,806 shares, compared to its average volume of 1,703,537. NCR Voyix Corporation has a one year low of $7.55 and a one year high of $15.34. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 2.13 and a beta of 1.65. The stock's 50 day moving average is $11.89 and its two-hundred day moving average is $11.14. The company has a current ratio of 1.12, a quick ratio of 0.96 and a debt-to-equity ratio of 1.28.

NCR Voyix (NYSE:VYX - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.07. NCR Voyix had a negative return on equity of 17.40% and a net margin of 33.61%. The firm had revenue of $617.00 million for the quarter, compared to analysts' expectations of $608.67 million. During the same period in the prior year, the firm posted $0.13 earnings per share. The company's quarterly revenue was down 13.1% on a year-over-year basis. As a group, analysts expect that NCR Voyix Corporation will post -0.86 earnings per share for the current year.

About NCR Voyix

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.