SG Americas Securities LLC grew its stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) by 927.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 95,314 shares of the company's stock after buying an additional 86,037 shares during the quarter. SG Americas Securities LLC owned approximately 0.07% of NCR Voyix worth $929,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its stake in shares of NCR Voyix by 175.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock worth $31,000 after buying an additional 1,423 shares during the last quarter. Xponance Inc. bought a new stake in shares of NCR Voyix during the fourth quarter worth $146,000. Cibc World Markets Corp bought a new stake in shares of NCR Voyix during the fourth quarter worth $188,000. Magnetar Financial LLC bought a new stake in shares of NCR Voyix during the fourth quarter worth $189,000. Finally, Mariner LLC grew its stake in shares of NCR Voyix by 6.6% during the fourth quarter. Mariner LLC now owns 14,022 shares of the company's stock worth $194,000 after buying an additional 872 shares during the last quarter. Institutional investors own 97.00% of the company's stock.
Wall Street Analyst Weigh In
VYX has been the topic of a number of recent research reports. Stephens lifted their price target on shares of NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a report on Monday, June 9th. Needham & Company LLC cut their price target on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Royal Bank Of Canada reiterated an "outperform" rating and set a $17.00 price target on shares of NCR Voyix in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group lifted their price target on shares of NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a report on Friday, May 9th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $14.40.
Check Out Our Latest Stock Analysis on VYX
NCR Voyix Price Performance
Shares of NYSE:VYX traded down $0.22 during mid-day trading on Friday, reaching $11.60. 3,720,435 shares of the company's stock were exchanged, compared to its average volume of 1,797,310. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.12 and a quick ratio of 0.96. NCR Voyix Corporation has a twelve month low of $7.55 and a twelve month high of $15.34. The business's fifty day moving average price is $10.10 and its 200-day moving average price is $11.39.
NCR Voyix (NYSE:VYX - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.07. The business had revenue of $617.00 million for the quarter, compared to analyst estimates of $608.67 million. NCR Voyix had a net margin of 33.61% and a negative return on equity of 17.40%. NCR Voyix's revenue for the quarter was down 13.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 earnings per share. As a group, equities research analysts forecast that NCR Voyix Corporation will post -0.86 earnings per share for the current fiscal year.
Insider Activity at NCR Voyix
In other news, Director Laura Sen bought 22,550 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were acquired at an average price of $11.04 per share, for a total transaction of $248,952.00. Following the completion of the acquisition, the director now directly owns 52,203 shares in the company, valued at approximately $576,321.12. This represents a 76.05% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.29% of the stock is owned by company insiders.
About NCR Voyix
(
Free Report)
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.
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