NCR Voyix Corporation $VYX Shares Sold by AREX Capital Management LP

Key Points

• AREX Capital Management LP has reduced its holdings in NCR Voyix Corporation by 8.7%, owning 305,400 shares after selling 29,036 shares in the first quarter.
• Other institutional investors have increased their positions, with Caitong International Asset Management Co. Ltd raising its stake by 375.7% during the same period.
• NCR Voyix's stock has fallen 3.7% recently, with a market cap of $1.75 billion and a current share price of $12.70.

AREX Capital Management LP trimmed its stake in NCR Voyix Corporation (NYSE:VYX - Free Report) by 8.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 305,400 shares of the company's stock after selling 29,036 shares during the period. NCR Voyix comprises approximately 6.1% of AREX Capital Management LP's investment portfolio, making the stock its 4th biggest position. AREX Capital Management LP owned approximately 0.22% of NCR Voyix worth $2,978,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. lifted its stake in NCR Voyix by 25.6% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 7,331,556 shares of the company's stock worth $71,483,000 after purchasing an additional 1,494,252 shares during the last quarter. Shapiro Capital Management LLC increased its position in shares of NCR Voyix by 10.1% during the fourth quarter. Shapiro Capital Management LLC now owns 10,410,704 shares of the company's stock valued at $144,084,000 after buying an additional 956,177 shares during the period. Boston Partners increased its position in shares of NCR Voyix by 99.9% during the first quarter. Boston Partners now owns 1,464,287 shares of the company's stock valued at $14,270,000 after buying an additional 731,807 shares during the period. Nuveen LLC bought a new stake in NCR Voyix during the first quarter worth about $5,314,000. Finally, General American Investors Co. Inc. bought a new stake in NCR Voyix during the first quarter worth about $5,282,000. Institutional investors own 97.00% of the company's stock.

NCR Voyix Price Performance

Shares of NYSE:VYX traded down $0.05 on Monday, reaching $13.27. The company's stock had a trading volume of 251,570 shares, compared to its average volume of 1,841,882. The company has a 50-day simple moving average of $13.27 and a 200 day simple moving average of $11.26. The company has a market cap of $1.83 billion, a P/E ratio of 1.86 and a beta of 1.66. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 1.16. NCR Voyix Corporation has a 52-week low of $7.55 and a 52-week high of $15.34.

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Stifel Nicolaus upped their target price on shares of NCR Voyix from $13.00 to $15.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Stephens increased their price objective on shares of NCR Voyix from $12.00 to $15.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, NCR Voyix has a consensus rating of "Moderate Buy" and an average price target of $14.20.

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.