Jane Street Group LLC Purchases Shares of 11,924 Nayax Ltd. (NASDAQ:NYAX)

Jane Street Group LLC acquired a new position in shares of Nayax Ltd. (NASDAQ:NYAX - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,924 shares of the company's stock, valued at approximately $351,000.

Other large investors have also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd grew its stake in shares of Nayax by 42.7% during the fourth quarter. Y.D. More Investments Ltd now owns 1,183,988 shares of the company's stock valued at $34,630,000 after purchasing an additional 354,350 shares during the last quarter. Hood River Capital Management LLC grew its stake in shares of Nayax by 144.6% during the fourth quarter. Hood River Capital Management LLC now owns 14,118 shares of the company's stock valued at $412,000 after purchasing an additional 8,346 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Nayax during the fourth quarter valued at approximately $1,581,000. Swedbank AB grew its stake in shares of Nayax by 44.5% during the fourth quarter. Swedbank AB now owns 300,000 shares of the company's stock valued at $8,748,000 after purchasing an additional 92,441 shares during the last quarter. Finally, Verdence Capital Advisors LLC bought a new stake in shares of Nayax during the fourth quarter valued at approximately $326,000. 34.87% of the stock is owned by institutional investors.

Nayax Trading Down 3.8%

NYAX traded down $1.75 during mid-day trading on Thursday, hitting $44.18. The stock had a trading volume of 8,451 shares, compared to its average volume of 8,920. The stock's fifty day simple moving average is $39.75 and its 200-day simple moving average is $35.62. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.25 and a quick ratio of 1.16. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of -142.51 and a beta of 0.13. Nayax Ltd. has a 1-year low of $20.31 and a 1-year high of $46.22.

Nayax (NASDAQ:NYAX - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.01). Nayax had a negative return on equity of 7.32% and a negative net margin of 3.62%. The company had revenue of $81.11 million for the quarter, compared to analyst estimates of $85.08 million. As a group, research analysts forecast that Nayax Ltd. will post -0.16 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. B. Riley reaffirmed a "buy" rating and issued a $47.00 price objective (up from $44.00) on shares of Nayax in a research note on Wednesday, May 14th. Wall Street Zen cut shares of Nayax from a "strong-buy" rating to a "buy" rating in a research note on Sunday. William Blair raised shares of Nayax from a "market perform" rating to an "outperform" rating in a research note on Tuesday, April 1st. Jefferies Financial Group reaffirmed a "buy" rating on shares of Nayax in a research note on Tuesday, May 13th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Nayax from $38.00 to $40.00 and gave the company a "market perform" rating in a research note on Wednesday, May 14th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $38.33.

Nayax Company Profile

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.