Jump Financial LLC Invests $1.11 Million in NCR Voyix Corporation $VYX

Key Points

• Jump Financial LLC has acquired a new stake in NCR Voyix Corporation, purchasing 113,600 shares valued at approximately $1,108,000, which represents about 0.08% ownership as per recent SEC filings.
• Several hedge funds are also increasing their stakes in NCR Voyix, with Fuller & Thaler Asset Management leading by raising its position by 25.6%, now owning approximately 7.3 million shares.
• Analysts have varied outlooks on NCR Voyix, with price targets ranging from $11.00 to $15.00 and an average rating of "Moderate Buy" based on current performances and stock price adjustments.

Jump Financial LLC purchased a new position in NCR Voyix Corporation (NYSE:VYX - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 113,600 shares of the company's stock, valued at approximately $1,108,000. Jump Financial LLC owned approximately 0.08% of NCR Voyix at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Mariner LLC boosted its position 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 during the period. Spire Wealth Management boosted its position in shares of 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 acquiring an additional 1,360 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of NCR Voyix by 2.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 98,471 shares of the company's stock valued at $1,363,000 after acquiring an additional 2,272 shares during the period. Bfsg LLC boosted its position in shares of NCR Voyix by 12.0% in the first quarter. Bfsg LLC now owns 21,570 shares of the company's stock valued at $210,000 after acquiring an additional 2,305 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of NCR Voyix by 3.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,775 shares of the company's stock valued at $1,146,000 after acquiring an additional 2,866 shares during the period. 97.00% of the stock is currently owned by institutional investors.

NCR Voyix Price Performance

VYX traded down $0.34 during midday trading on Monday, hitting $13.19. The stock had a trading volume of 1,244,972 shares, compared to its average volume of 1,854,986. The company has a market cap of $1.82 billion, a P/E ratio of 1.85 and a beta of 1.66. The business has a fifty day moving average of $13.18 and a 200 day moving average of $11.24. 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 1 year low of $7.55 and a 1 year high of $15.34.

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VYX. Needham & Company LLC dropped their price target on NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company 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 company an "overweight" rating in a research report on Monday, June 9th. The Goldman Sachs Group lifted their price target on NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Finally, Stifel Nicolaus lifted their price target on NCR Voyix from $13.00 to $15.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, NCR Voyix currently has an average rating of "Moderate Buy" and a consensus target price 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.