NCR Voyix Co. (NYSE:VYX) CFO Brian J. Webb-Walsh Buys 10,000 Shares

NCR Voyix Co. (NYSE:VYX) CFO Brian J. Webb-Walsh purchased 10,000 shares of NCR Voyix stock in a transaction dated Thursday, August 8th. The shares were acquired at an average cost of $11.51 per share, for a total transaction of $115,100.00. Following the transaction, the chief financial officer now directly owns 142,288 shares of the company’s stock, valued at approximately $1,637,734.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

NCR Voyix Stock Performance

Shares of NYSE VYX opened at $12.48 on Thursday. The stock’s fifty day simple moving average is $13.22 and its 200 day simple moving average is $13.22. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of -3.71 and a beta of 1.64. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 102.52. NCR Voyix Co. has a 52-week low of $10.87 and a 52-week high of $19.01.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings results 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). NCR Voyix had a positive return on equity of 27.60% and a negative net margin of 7.88%. The company had revenue of $876.00 million during the quarter, compared to analysts’ expectations of $886.60 million. During the same period in the prior year, the business posted $0.73 EPS. The company’s revenue for the quarter was down 7.4% compared to the same quarter last year. As a group, sell-side analysts forecast that NCR Voyix Co. will post -0.33 earnings per share for the current fiscal year.

Institutional Trading of NCR Voyix

A number of hedge funds have recently made changes to their positions in the stock. Swiss National Bank acquired a new position in NCR Voyix during the first quarter worth $3,331,000. Empowered Funds LLC bought a new stake in NCR Voyix during the first quarter worth approximately $6,415,000. Gamco Investors INC. ET AL acquired a new position in NCR Voyix during the first quarter valued at approximately $442,000. Price T Rowe Associates Inc. MD bought a new position in shares of NCR Voyix in the first quarter valued at approximately $1,646,000. Finally, California State Teachers Retirement System bought a new stake in shares of NCR Voyix during the 1st quarter worth $1,689,000. 97.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on VYX. Stifel Nicolaus began coverage on NCR Voyix in a report on Wednesday, June 12th. They set a “buy” rating and a $16.00 price objective on the stock. DA Davidson cut their target price on NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Royal Bank of Canada reduced their price target on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 price objective on shares of NCR Voyix in a report on Wednesday, August 7th. Finally, Stephens reissued an “overweight” rating and issued a $16.00 price target on shares of NCR Voyix in a report on Monday, May 13th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $16.43.

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.