NCR Voyix Corporation $VYX Shares Sold by Teza Capital Management LLC

Key Points

• Teza Capital Management LLC has significantly reduced its stake in NCR Voyix Corporation by 84.1%, now holding only 23,422 shares after selling 124,005 shares in the 1st quarter.
• Analysts have revised their price targets for NCR Voyix, with Stephens and Stifel Nicolaus each raising targets to $15, indicating a broad consensus rating of "Moderate Buy" for the stock.
• NCR Voyix reported a profit of $0.19 per share in its latest earnings release, surpassing expectations, despite a 7.8% decline in year-over-year revenue.

Teza Capital Management LLC lessened its stake in NCR Voyix Corporation (NYSE:VYX - Free Report) by 84.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,422 shares of the company's stock after selling 124,005 shares during the period. Teza Capital Management LLC's holdings in NCR Voyix were worth $228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VYX. Caitong International Asset Management Co. Ltd grew its stake in NCR Voyix by 375.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company's stock valued at $65,000 after purchasing an additional 5,252 shares during the last quarter. Spire Wealth Management grew its stake in 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 purchasing an additional 1,360 shares during the last quarter. AlphaQuest LLC purchased a new position in NCR Voyix in the first quarter valued at about $99,000. Eisler Capital Management Ltd. purchased a new position in NCR Voyix in the first quarter valued at about $129,000. Finally, Cetera Investment Advisers purchased a new position in NCR Voyix in the first quarter valued at about $152,000. Hedge funds and other institutional investors own 97.00% of the company's stock.

Analyst Upgrades and Downgrades

VYX has been the topic of a number of research analyst reports. Stephens boosted their price target on NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Stifel Nicolaus boosted their price target on NCR Voyix from $13.00 to $15.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $14.20.

NCR Voyix Stock Performance

NYSE VYX traded up $0.04 during trading hours on Monday, reaching $12.84. The stock had a trading volume of 214,903 shares, compared to its average volume of 1,824,196. The stock has a fifty day moving average of $13.29 and a 200 day moving average of $11.30. The stock has a market cap of $1.77 billion, a P/E ratio of 1.81 and a beta of 1.66. NCR Voyix Corporation has a 52-week low of $7.55 and a 52-week high of $15.34. 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 (NYSE:VYX - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.05. The firm had revenue of $666.00 million for 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. Sell-side analysts predict that NCR Voyix Corporation will post -0.86 earnings per share for the current 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.