NCR Voyix Corporation (NYSE:VYX) Shares Sold by Community Bank of Raymore

Key Points

• Community Bank of Raymore significantly reduced its stock holdings in NCR Voyix Corporation by 75.6%, now owning 11,750 shares valued at approximately $115,000.
• Institutional investors hold 97.00% of NCR Voyix's stock, with some increasing their positions, such as Caitong International Asset Management, which raised its stake by 375.7%.
• NCR Voyix reported earnings of $0.19 per share for the last quarter, surpassing analyst expectations, although revenue declined by 7.8% year-over-year.

Community Bank of Raymore trimmed its position in NCR Voyix Corporation (NYSE:VYX - Free Report) by 75.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,750 shares of the company's stock after selling 36,355 shares during the period. Community Bank of Raymore's holdings in NCR Voyix were worth $115,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Spire Wealth Management lifted its position in NCR Voyix by 20.7% in the first quarter. Spire Wealth Management now owns 7,930 shares of the company's stock valued at $77,000 after buying an additional 1,360 shares during the last quarter. Invesco Ltd. increased its stake in shares of NCR Voyix by 19.5% during the fourth quarter. Invesco Ltd. now owns 1,152,138 shares of the company's stock worth $15,946,000 after buying an additional 187,848 shares during the period. Bank of Montreal Can lifted its position in shares of NCR Voyix by 8.2% during the 4th quarter. Bank of Montreal Can now owns 19,703 shares of the company's stock worth $273,000 after buying an additional 1,489 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of NCR Voyix by 79.5% in the 4th quarter. Bank of America Corp DE now owns 665,831 shares of the company's stock valued at $9,215,000 after buying an additional 294,994 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of NCR Voyix by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 728,597 shares of the company's stock valued at $7,104,000 after buying an additional 16,569 shares during the last quarter. Hedge funds and other institutional investors own 97.00% of the company's stock.

NCR Voyix Stock Performance

Shares of NYSE:VYX traded down $0.13 during midday trading on Friday, hitting $12.51. 1,968,195 shares of the stock were exchanged, compared to its average volume of 1,942,530. The company has a 50 day moving average price of $12.87 and a 200-day moving average price of $11.20. NCR Voyix Corporation has a twelve month low of $7.55 and a twelve month high of $15.34. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.05. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%. The business had revenue of $666.00 million during the quarter, compared to the consensus estimate of $648.13 million. The business's revenue for the quarter was down 7.8% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.20) EPS. As a group, equities analysts expect that NCR Voyix Corporation will post -0.86 EPS for the current fiscal year.

Wall Street Analyst Weigh In

VYX has been the subject of a number of research reports. Stifel Nicolaus boosted their price target on shares of NCR Voyix from $13.00 to $15.00 and gave the company a "buy" rating in a research report on Friday, August 8th. The Goldman Sachs Group lifted their price target on NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Stephens lifted their price target on NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Finally, Needham & Company LLC lowered their target price 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. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target 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.