XTX Topco Ltd Has $727,000 Stock Position in NCR Voyix Corporation (NYSE:VYX)

Key Points

• XTX Topco Ltd increased its stake in NCR Voyix Corporation by 96.2%, owning approximately 74,554 shares worth $727,000 at the end of the last reporting period.
• NCR Voyix reported a quarterly earnings per share (EPS) of $0.09, surpassing expectations and generating revenue of $617 million, despite a year-over-year revenue drop of 13.1%.
• Analysts have upgraded their price targets for NCR Voyix, with a consensus rating of "Moderate Buy" and an average target price of $14.40, reflecting varying outlooks from different firms.

XTX Topco Ltd increased its stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) by 96.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,554 shares of the company's stock after purchasing an additional 36,547 shares during the quarter. XTX Topco Ltd owned 0.05% of NCR Voyix worth $727,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Spire Wealth Management lifted its position in NCR Voyix by 20.7% during the first quarter. Spire Wealth Management now owns 7,930 shares of the company's stock worth $77,000 after buying an additional 1,360 shares during the period. Cetera Investment Advisers acquired a new stake in NCR Voyix during the 1st quarter valued at approximately $152,000. Mariner LLC grew its stake in NCR Voyix by 6.6% during the 4th quarter. Mariner LLC now owns 14,022 shares of the company's stock valued at $194,000 after purchasing an additional 872 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in NCR Voyix during the 1st quarter valued at approximately $198,000. Finally, Focus Partners Wealth acquired a new position in shares of NCR Voyix in the 4th quarter worth approximately $202,000. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Price Performance

Shares of VYX stock traded down $0.12 during trading hours on Friday, hitting $12.42. The company had a trading volume of 755,517 shares, compared to its average volume of 1,876,611. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 1.88 and a beta of 1.67. NCR Voyix Corporation has a 12 month low of $7.55 and a 12 month high of $15.34. The firm's fifty day moving average is $12.69 and its 200 day moving average is $11.20. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.96 and a current ratio of 1.12.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.05. The company had revenue of $666.00 million for the quarter, compared to the consensus estimate of $648.13 million. NCR Voyix had a negative return on equity of 17.40% and a net margin of 33.61%. The firm's quarterly revenue was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.20) EPS. On average, sell-side analysts predict that NCR Voyix Corporation will post -0.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Stephens raised their price target on NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a report on Monday, June 9th. The Goldman Sachs Group lifted their price target on NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a report on Friday, May 9th. Needham & Company LLC lowered their target price on NCR Voyix from $15.00 to $13.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Finally, 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 report on Friday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, NCR Voyix has an average rating of "Moderate Buy" and a consensus target price of $14.50.

Insider Buying and Selling at NCR Voyix

In other NCR Voyix news, Director Laura Sen purchased 22,550 shares of NCR Voyix stock in a transaction that occurred on Tuesday, May 13th. The stock was 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 owned 52,203 shares of the company's stock, valued at approximately $576,321.12. This trade represents a 76.05% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.29% of the stock is owned by insiders.

NCR Voyix Company Profile

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.