Trajan Wealth LLC Raises Stake in NCR Voyix Co. (NYSE:VYX)

Trajan Wealth LLC grew its holdings in NCR Voyix Co. (NYSE:VYX) by 25.6% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 14,046 shares of the company’s stock after buying an additional 2,863 shares during the period. Trajan Wealth LLC’s holdings in NCR Voyix were worth $191,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Blue Trust Inc. grew its position in NCR Voyix by 72.0% in the 2nd quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock valued at $25,000 after buying an additional 840 shares during the last quarter. Mather Group LLC. acquired a new position in shares of NCR Voyix during the second quarter worth about $41,000. Bessemer Group Inc. purchased a new position in NCR Voyix during the first quarter worth about $43,000. Nisa Investment Advisors LLC lifted its position in NCR Voyix by 61.4% in the second quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company’s stock valued at $62,000 after purchasing an additional 1,903 shares during the period. Finally, Carolina Wealth Advisors LLC purchased a new stake in NCR Voyix in the 2nd quarter valued at approximately $69,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. DA Davidson cut their target price on NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, August 9th. The Goldman Sachs Group started coverage on NCR Voyix in a report on Monday, October 14th. They issued a “neutral” rating and a $14.00 target price for the company. Royal Bank of Canada lowered their price target on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price objective on shares of NCR Voyix in a research note on Monday, October 14th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, NCR Voyix currently has a consensus rating of “Moderate Buy” and an average target price of $16.43.

NCR Voyix Trading Down 0.4 %

Shares of NYSE VYX opened at $13.16 on Thursday. The company’s 50-day moving average price is $13.21 and its 200 day moving average price is $13.07. NCR Voyix Co. has a 52 week low of $10.87 and a 52 week high of $17.39. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of -3.29 and a beta of 1.63.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). The business had revenue of $876.00 million for the quarter, compared to analysts’ expectations of $886.60 million. NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The company’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period last year, the business earned $0.73 earnings per share. As a group, research analysts expect that NCR Voyix Co. will post -1.52 earnings per share for the current year.

Insider Activity

In related news, CFO Brian J. Webb-Walsh acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was purchased at an average price of $11.51 per share, for a total transaction of $115,100.00. Following the transaction, the chief financial officer now owns 142,288 shares in the company, valued at $1,637,734.88. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CFO Brian J. Webb-Walsh purchased 10,000 shares of the firm’s stock in a transaction on Thursday, August 8th. The shares were bought at an average cost of $11.51 per share, with a total value of $115,100.00. Following the purchase, the chief financial officer now directly owns 142,288 shares of the company’s stock, valued at approximately $1,637,734.88. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Eric Schoch acquired 21,692 shares of the business’s stock in a transaction dated Tuesday, August 13th. The stock was purchased at an average cost of $12.19 per share, with a total value of $264,425.48. Following the transaction, the executive vice president now owns 101,671 shares of the company’s stock, valued at approximately $1,239,369.49. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 46,492 shares of company stock worth $577,993 over the last three months. 0.61% of the stock is currently owned by corporate 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.