27,761 Shares in Nayax Ltd. $NYAX Purchased by Nuveen LLC

Nuveen LLC acquired a new stake in Nayax Ltd. (NASDAQ:NYAX - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 27,761 shares of the company's stock, valued at approximately $935,000. Nuveen LLC owned approximately 0.08% of Nayax at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE boosted its holdings in shares of Nayax by 920.4% during the fourth quarter. Bank of America Corp DE now owns 1,500 shares of the company's stock worth $44,000 after acquiring an additional 1,353 shares during the period. Citadel Advisors LLC bought a new stake in shares of Nayax during the fourth quarter worth approximately $217,000. Jane Street Group LLC bought a new stake in shares of Nayax during the fourth quarter worth approximately $351,000. Swiss National Bank boosted its holdings in shares of Nayax by 17.6% during the first quarter. Swiss National Bank now owns 24,871 shares of the company's stock worth $838,000 after acquiring an additional 3,714 shares during the period. Finally, ARK Investment Management LLC bought a new stake in shares of Nayax during the first quarter worth approximately $1,906,000. Institutional investors own 34.87% of the company's stock.

Nayax Price Performance

NYAX traded up $1.37 during trading on Thursday, hitting $49.47. 17,554 shares of the stock traded hands, compared to its average volume of 11,084. Nayax Ltd. has a twelve month low of $22.70 and a twelve month high of $52.46. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 86.79 and a beta of 0.23. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.68 and a quick ratio of 1.59. The business has a 50 day moving average price of $46.06 and a 200 day moving average price of $41.83.

Nayax (NASDAQ:NYAX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.10 by $0.06. The business had revenue of $95.59 million during the quarter, compared to the consensus estimate of $99.16 million. Nayax had a net margin of 6.06% and a return on equity of 5.32%. Nayax has set its FY 2025 guidance at EPS. Equities research analysts forecast that Nayax Ltd. will post -0.16 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. UBS Group boosted their price objective on Nayax from $39.00 to $43.00 and gave the stock a "neutral" rating in a report on Thursday, August 14th. B. Riley reiterated a "buy" rating and issued a $47.00 price target (up from $44.00) on shares of Nayax in a research report on Wednesday, May 14th. Jefferies Financial Group reiterated a "buy" rating on shares of Nayax in a research report on Tuesday, May 13th. Wall Street Zen downgraded shares of Nayax from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 1st. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Nayax from $40.00 to $50.00 and gave the company a "market perform" rating in a research report on Wednesday, July 9th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $42.00.

About Nayax

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.