Victory Capital Management Inc. Sells 145,403 Shares of NCR Voyix Corporation (NYSE:VYX)

Victory Capital Management Inc. reduced its position in NCR Voyix Corporation (NYSE:VYX - Free Report) by 3.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,547,716 shares of the company's stock after selling 145,403 shares during the period. Victory Capital Management Inc. owned approximately 3.26% of NCR Voyix worth $44,340,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VYX. Shapiro Capital Management LLC grew its position in shares of NCR Voyix by 10.1% during the fourth quarter. Shapiro Capital Management LLC now owns 10,410,704 shares of the company's stock worth $144,084,000 after acquiring an additional 956,177 shares during the last quarter. Greenhouse Funds LLLP grew its position in shares of NCR Voyix by 10.4% during the fourth quarter. Greenhouse Funds LLLP now owns 8,332,854 shares of the company's stock worth $115,327,000 after acquiring an additional 787,032 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of NCR Voyix by 2.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,890,765 shares of the company's stock worth $40,008,000 after acquiring an additional 57,983 shares during the last quarter. Northern Trust Corp grew its position in shares of NCR Voyix by 10.0% during the fourth quarter. Northern Trust Corp now owns 1,632,204 shares of the company's stock worth $22,590,000 after acquiring an additional 148,563 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of NCR Voyix by 2.1% during the fourth quarter. Wellington Management Group LLP now owns 1,216,361 shares of the company's stock valued at $16,834,000 after purchasing an additional 25,129 shares in the last quarter. Institutional investors own 97.00% of the company's stock.

NCR Voyix Stock Up 1.4%

VYX stock traded up $0.20 during midday trading on Wednesday, reaching $14.63. The company had a trading volume of 1,819,086 shares, compared to its average volume of 1,710,100. NCR Voyix Corporation has a 1 year low of $7.55 and a 1 year high of $15.34. The company has a current ratio of 1.12, a quick ratio of 0.96 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $2.01 billion, a P/E ratio of 2.21 and a beta of 1.65. The company has a 50 day moving average of $12.09 and a two-hundred day moving average of $11.19.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.02 by $0.07. The company had revenue of $617.00 million during the quarter, compared to the consensus estimate of $608.67 million. NCR Voyix had a net margin of 33.61% and a negative return on equity of 17.40%. The company's revenue for the quarter was down 13.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 earnings per share. On average, equities research analysts expect that NCR Voyix Corporation will post -0.86 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Laura Sen purchased 22,550 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were bought at an average price of $11.04 per share, with a total value of $248,952.00. Following the completion of the transaction, the director directly owned 52,203 shares in the company, valued at $576,321.12. This trade represents a 76.05% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.29% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on VYX. Stephens upped their price target on shares of NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Needham & Company LLC decreased their target price on NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research note on Friday, May 9th. The Goldman Sachs Group boosted their price target 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. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $17.00 price target on shares of NCR Voyix in a research report on Tuesday, March 25th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $14.40.

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.