Occudo Quantitative Strategies LP Boosts Stock Holdings in NCR Voyix Co. (NYSE:VYX)

Occudo Quantitative Strategies LP grew its stake in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 519.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,573 shares of the company's stock after buying an additional 57,501 shares during the period. Occudo Quantitative Strategies LP's holdings in NCR Voyix were worth $949,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VYX. Smartleaf Asset Management LLC raised its stake in NCR Voyix by 175.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after purchasing an additional 1,423 shares during the period. KBC Group NV increased its stake in NCR Voyix by 55.1% in the 4th quarter. KBC Group NV now owns 7,148 shares of the company's stock worth $99,000 after acquiring an additional 2,540 shares during the last quarter. Xponance Inc. bought a new stake in NCR Voyix in the 4th quarter worth approximately $146,000. Cibc World Markets Corp bought a new stake in NCR Voyix in the 4th quarter worth approximately $188,000. Finally, Magnetar Financial LLC bought a new stake in NCR Voyix in the 4th quarter worth approximately $189,000. Institutional investors own 97.00% of the company's stock.

NCR Voyix Stock Down 1.9%

Shares of VYX traded down $0.21 during trading hours on Monday, hitting $10.69. The company had a trading volume of 318,617 shares, compared to its average volume of 1,797,229. The company has a market capitalization of $1.47 billion, a PE ratio of 2.47 and a beta of 1.52. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. NCR Voyix Co. has a one year low of $7.55 and a one year high of $15.34. The company's fifty day moving average price is $9.24 and its two-hundred day moving average price is $11.83.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly 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. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The firm had revenue of $617.00 million during the quarter, compared to analyst estimates of $608.67 million. During the same period in the previous year, the company posted $0.13 EPS. The business's revenue for the quarter was down 13.1% compared to the same quarter last year. As a group, equities analysts forecast that NCR Voyix Co. will post -0.86 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on VYX. Needham & Company LLC reduced their price objective 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. The Goldman Sachs Group lifted their price objective on NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $17.00 price objective on shares of NCR Voyix in a research note 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 company. According to data from MarketBeat.com, NCR Voyix currently has an average rating of "Moderate Buy" and a consensus target price of $14.60.

Insider Activity at NCR Voyix

In other news, Director Laura Sen acquired 22,550 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average cost of $11.04 per share, with a total value of $248,952.00. Following the completion of the acquisition, the director now owns 52,203 shares of the company's stock, valued at approximately $576,321.12. This trade represents a 76.05% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 0.61% of the stock is currently owned by corporate insiders.

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.