Nayax Ltd. (NASDAQ:NYAX - Get Free Report) insider Aaron Samuel Greenberg sold 276 shares of Nayax stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $70.43, for a total transaction of $19,438.68. Following the transaction, the insider owned 25,477 shares in the company, valued at approximately $1,794,345.11. The trade was a 1.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Aaron Samuel Greenberg also recently made the following trade(s):
- On Wednesday, April 22nd, Aaron Samuel Greenberg sold 1,002 shares of Nayax stock. The shares were sold at an average price of $63.94, for a total value of $64,067.88.
Nayax Stock Up 2.5%
NASDAQ:NYAX traded up $1.78 on Tuesday, hitting $72.00. 2,606 shares of the company's stock traded hands, compared to its average volume of 16,229. The company has a current ratio of 2.26, a quick ratio of 2.16 and a debt-to-equity ratio of 1.43. Nayax Ltd. has a 1 year low of $37.95 and a 1 year high of $72.00. The firm has a 50-day moving average price of $59.07 and a 200-day moving average price of $52.76. The company has a market cap of $2.64 billion, a PE ratio of 75.79 and a beta of 0.39.
Nayax (NASDAQ:NYAX - Get Free Report) last released its earnings results on Monday, March 9th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.11. Nayax had a return on equity of 11.60% and a net margin of 8.87%.The company had revenue of $119.45 million for the quarter, compared to analysts' expectations of $120.13 million. Equities analysts anticipate that Nayax Ltd. will post 0.84 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on NYAX shares. Keefe, Bruyette & Woods boosted their price target on shares of Nayax from $52.00 to $60.00 and gave the company a "market perform" rating in a report on Tuesday, March 10th. Zacks Research upgraded shares of Nayax from a "strong sell" rating to a "hold" rating in a report on Monday, January 19th. William Blair restated an "outperform" rating on shares of Nayax in a report on Monday, March 9th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Nayax in a report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $51.67.
View Our Latest Report on NYAX
Institutional Investors Weigh In On Nayax
Institutional investors and hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. lifted its stake in shares of Nayax by 210.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 590 shares of the company's stock valued at $30,000 after purchasing an additional 400 shares during the last quarter. Osaic Holdings Inc. acquired a new position in Nayax in the 2nd quarter valued at $33,000. Bank of America Corp DE grew its stake in Nayax by 254.9% in the 3rd quarter. Bank of America Corp DE now owns 1,331 shares of the company's stock valued at $63,000 after buying an additional 956 shares during the last quarter. Smartleaf Asset Management LLC acquired a new position in Nayax during the 4th quarter worth $69,000. Finally, Alliancebernstein L.P. acquired a new position in Nayax during the 3rd quarter worth $128,000. Institutional investors and hedge funds own 34.87% of the company's stock.
Nayax Company Profile
(
Get Free Report)
Nayax Ltd. is a global fintech company specializing in cashless payment solutions, telematics and management services for unattended retail environments. Founded in 2005 and headquartered in Israel, Nayax develops hardware and software platforms that enable vending machines, kiosks, laundromats, e-commerce and self-checkout points to accept a wide range of payment methods, including credit and debit cards, mobile wallets and contactless NFC transactions.
The company’s product portfolio comprises proprietary point-of-sale terminals—such as the VPOS and Carbon series—as well as a cloud-based management suite known as the Monyx platform.
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