Harbor Capital Advisors Inc. Sells 168,909 Shares of NCR Voyix Co. (NYSE:VYX)

Harbor Capital Advisors Inc. reduced its holdings in NCR Voyix Co. (NYSE:VYX - Free Report) by 16.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 851,492 shares of the company's stock after selling 168,909 shares during the quarter. Harbor Capital Advisors Inc. owned 0.61% of NCR Voyix worth $8,302,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC increased its holdings in shares of NCR Voyix by 175.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after purchasing an additional 1,423 shares during the period. Xponance Inc. acquired a new position in NCR Voyix during the 4th quarter valued at about $146,000. Cibc World Markets Corp bought a new stake in shares of NCR Voyix during the 4th quarter worth about $188,000. Magnetar Financial LLC acquired a new stake in shares of NCR Voyix in the 4th quarter worth approximately $189,000. Finally, Mariner LLC boosted its holdings in shares of NCR Voyix by 6.6% in the fourth quarter. Mariner LLC now owns 14,022 shares of the company's stock valued at $194,000 after acquiring an additional 872 shares in the last quarter. Institutional investors own 97.00% of the company's stock.

NCR Voyix Trading Down 2.0%

Shares of NYSE:VYX traded down $0.24 during midday trading on Friday, reaching $11.55. The company had a trading volume of 998,246 shares, compared to its average volume of 1,804,016. The company has a fifty day simple moving average of $9.84 and a two-hundred day simple moving average of $11.46. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 2.67 and a beta of 1.65. NCR Voyix Co. has a 1-year low of $7.55 and a 1-year high of $15.34. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.02 by $0.07. The company had revenue of $617.00 million during the quarter, compared to analysts' expectations of $608.67 million. NCR Voyix had a net margin of 19.08% and a negative return on equity of 47.67%. The business's revenue for the quarter was down 13.1% on a year-over-year basis. During the same period last year, the company posted $0.13 earnings per share. Research analysts predict that NCR Voyix Co. will post -0.86 earnings per share for the current year.

Insider Transactions at NCR Voyix

In related news, Director Laura Sen bought 22,550 shares of the business's stock in a transaction on Tuesday, May 13th. The stock was bought at an average price of $11.04 per share, for a total transaction of $248,952.00. Following the transaction, the director now directly owns 52,203 shares in the company, valued at $576,321.12. This 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 this link. 0.29% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on VYX shares. Stephens boosted their target price on NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a report on Monday. Needham & Company LLC lowered their price target 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 upped their price objective on NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a report on Friday, May 9th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $17.00 target price on shares of NCR Voyix in a report on Tuesday, March 25th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, NCR Voyix presently has a consensus rating of "Moderate Buy" and an average target price of $14.40.

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.