Philosophy Capital Management LLC Sells 737,812 Shares of NCR Voyix Corporation $VYX

Key Points

• Philosophy Capital Management LLC reduced its stake in NCR Voyix Corporation by **49.5%**, now holding **753,463 shares** valued at approximately **$7.35 million**.
• Wall Street analysts have a consensus rating of "Moderate Buy" for NCR Voyix, with an average target price of **$14.20**, reflecting recent price target adjustments from firms like Goldman Sachs and Stephens.
• NCR Voyix reported earnings of **$0.19 EPS**, exceeding analyst estimates, despite a **7.8% revenue decline** compared to last year, as the firm sets a FY 2025 EPS guidance of **0.750-0.800**.

Philosophy Capital Management LLC decreased its holdings in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) by 49.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 753,463 shares of the company's stock after selling 737,812 shares during the quarter. NCR Voyix accounts for approximately 0.5% of Philosophy Capital Management LLC's investment portfolio, making the stock its 28th largest position. Philosophy Capital Management LLC owned 0.54% of NCR Voyix worth $7,346,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in NCR Voyix by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company's stock worth $848,000 after purchasing an additional 4,181 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of NCR Voyix by 56.5% during the first quarter. AQR Capital Management LLC now owns 60,111 shares of the company's stock worth $586,000 after buying an additional 21,698 shares during the last quarter. Maverick Capital Ltd. acquired a new position in shares of NCR Voyix during the first quarter worth $696,000. Royal Bank of Canada increased its holdings in shares of NCR Voyix by 130.9% during the first quarter. Royal Bank of Canada now owns 51,798 shares of the company's stock worth $505,000 after buying an additional 29,366 shares in the last quarter. Finally, Eisler Capital Management Ltd. bought a new position in shares of NCR Voyix in the 1st quarter valued at $129,000. Institutional investors own 97.00% of the company's stock.

Wall Street Analysts Forecast Growth

VYX has been the topic of a number of recent research reports. 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 note on Friday, August 8th. Stephens lifted their target price on shares of NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $14.20.

NCR Voyix Stock Down 1.0%

VYX stock traded down $0.13 during mid-day trading on Tuesday, reaching $12.97. The company's stock had a trading volume of 1,143,804 shares, compared to its average volume of 1,485,466. NCR Voyix Corporation has a 12 month low of $7.55 and a 12 month high of $15.34. The business's 50 day moving average price is $13.31 and its 200 day moving average price is $11.28. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27.

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

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.