NCR Voyix Corporation (NYSE:VYX) Shares Bought by First Pacific Advisors LP

First Pacific Advisors LP increased its stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) by 6.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,702,391 shares of the company's stock after buying an additional 238,067 shares during the quarter. First Pacific Advisors LP owned about 2.66% of NCR Voyix worth $36,098,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Spire Wealth Management boosted its holdings in NCR Voyix by 20.7% in the 1st 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 in the last quarter. Xponance Inc. acquired a new stake in shares of NCR Voyix during the 4th quarter valued at approximately $146,000. Cibc World Markets Corp acquired a new position in shares of NCR Voyix during the 4th quarter worth approximately $188,000. Mariner LLC raised its position in shares of NCR Voyix by 6.6% during the 4th quarter. Mariner LLC now owns 14,022 shares of the company's stock worth $194,000 after purchasing an additional 872 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in shares of NCR Voyix during the 1st quarter worth approximately $198,000. Hedge funds and other institutional investors own 97.00% of the company's stock.

NCR Voyix Stock Up 1.2%

NYSE VYX traded up $0.17 during trading hours on Friday, hitting $14.34. The company had a trading volume of 1,922,447 shares, compared to its average volume of 1,878,824. NCR Voyix Corporation has a fifty-two week low of $7.55 and a fifty-two week high of $15.34. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 2.16 and a beta of 1.65. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.12 and a quick ratio of 0.96. The firm's 50 day moving average is $12.16 and its 200 day moving average is $11.19.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $608.67 million. During the same period in the prior year, the firm earned $0.13 EPS. The firm's quarterly revenue was down 13.1% compared to the same quarter last year. Sell-side analysts anticipate that NCR Voyix Corporation will post -0.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. The Goldman Sachs Group lifted 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. Stephens increased their price target on NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Finally, Needham & Company LLC cut their target price 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. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $14.40.

Insider Transactions at NCR Voyix

In related news, Director Laura Sen purchased 22,550 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average cost of $11.04 per share, for a total transaction of $248,952.00. Following the acquisition, the director owned 52,203 shares in the company, valued at approximately $576,321.12. This trade represents a 76.05% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.29% of the company's stock.

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.