Jane Street Group LLC Sells 122,253 Shares of NCR Voyix Co. (NYSE:VYX)

Jane Street Group LLC trimmed its stake in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 77.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,725 shares of the company's stock after selling 122,253 shares during the period. Jane Street Group LLC's holdings in NCR Voyix were worth $481,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Smartleaf Asset Management LLC increased its holdings in NCR Voyix by 175.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock worth $31,000 after purchasing an additional 1,423 shares in the last quarter. KBC Group NV lifted its stake in NCR Voyix by 55.1% in the 4th quarter. KBC Group NV now owns 7,148 shares of the company's stock valued at $99,000 after acquiring an additional 2,540 shares in the last quarter. Xponance Inc. bought a new stake in NCR Voyix in the 4th quarter valued at approximately $146,000. Cibc World Markets Corp acquired a new position in NCR Voyix during the 4th quarter worth approximately $188,000. Finally, Magnetar Financial LLC acquired a new position in NCR Voyix during the 4th quarter worth approximately $189,000. 97.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

VYX has been the topic of a number of research reports. The Goldman Sachs Group boosted their price objective on shares of NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. Needham & Company LLC reduced their price objective on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $17.00 price objective on shares of NCR Voyix in a report on Tuesday, March 25th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, NCR Voyix currently has an average rating of "Moderate Buy" and a consensus target price of $14.60.

NCR Voyix Stock Performance

NYSE VYX traded down $0.12 on Friday, hitting $11.09. 1,920,346 shares of the stock were exchanged, compared to its average volume of 1,803,573. The company has a market capitalization of $1.53 billion, a PE ratio of 2.57 and a beta of 1.52. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The business's fifty day moving average is $9.43 and its 200 day moving average is $11.66. NCR Voyix Co. has a 52 week low of $7.55 and a 52 week high of $15.34.

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

Insider Activity at NCR Voyix

In related news, Director Laura Sen purchased 22,550 shares of the stock in a transaction on Tuesday, May 13th. The shares were purchased at an average cost of $11.04 per share, with a total value of $248,952.00. Following the acquisition, the director now directly owns 52,203 shares in the company, valued at $576,321.12. The trade was a 76.05% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 0.61% of the stock is owned by company insiders.

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.