Insider Buying: Diebold Nixdorf, Incorporated (NYSE:DBD) CEO Acquires 513 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report) CEO Octavio Marquez purchased 513 shares of the firm's stock in a transaction on Monday, May 6th. The shares were acquired at an average price of $38.90 per share, with a total value of $19,955.70. Following the purchase, the chief executive officer now directly owns 134,674 shares in the company, valued at approximately $5,238,818.60. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Octavio Marquez also recently made the following trade(s):

• On Wednesday, March 13th, Octavio Marquez bought 1,000 shares of Diebold Nixdorf stock. The stock was purchased at an average price of $34.27 per share, with a total value of $34,270.00.

Diebold Nixdorf Stock Up 1.3 %

NYSE DBD traded up $0.51 during trading hours on Monday, reaching $38.51. 223,962 shares of the company were exchanged, compared to its average volume of 137,718. Diebold Nixdorf, Incorporated has a 1 year low of $16.50 and a 1 year high of $39.76. The business's 50 day simple moving average is $33.69 and its 200-day simple moving average is $29.45. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.94 and a current ratio of 1.39.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last issued its earnings results on Wednesday, February 14th. The technology company reported $3.02 earnings per share for the quarter, topping analysts' consensus estimates of $1.39 by $1.63. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. On average, equities research analysts predict that Diebold Nixdorf, Incorporated will post 3.94 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Diebold Nixdorf

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DBD. Beach Point Capital Management LP bought a new position in Diebold Nixdorf during the third quarter worth about $61,481,000. Arena Capital Advisors LLC CA bought a new position in shares of Diebold Nixdorf in the third quarter valued at approximately $33,785,000. Glendon Capital Management LP bought a new position in shares of Diebold Nixdorf in the third quarter valued at approximately $21,074,000. Oaktree Capital Management LP bought a new position in shares of Diebold Nixdorf in the third quarter valued at approximately $11,189,000. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of Diebold Nixdorf by 411.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 576,430 shares of the technology company's stock valued at $10,918,000 after acquiring an additional 463,744 shares during the period. Institutional investors own 97.04% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on DBD shares. StockNews.com downgraded shares of Diebold Nixdorf from a "buy" rating to a "hold" rating in a report on Thursday, April 18th. Wedbush upgraded shares of Diebold Nixdorf from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $40.00 to $50.00 in a report on Friday.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.