Diebold Nixdorf (NYSE:DBD) Major Shareholder Millstreet Capital Management Sells 100,000 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $84.80, for a total value of $8,480,000.00. Following the completion of the sale, the insider directly owned 4,104,432 shares in the company, valued at $348,055,833.60. This trade represents a 2.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Millstreet Capital Management also recently made the following trade(s):

• On Thursday, June 25th, Millstreet Capital Management sold 2,741 shares of Diebold Nixdorf stock. The stock was sold at an average price of $85.06, for a total value of $233,149.46.
• On Wednesday, June 24th, Millstreet Capital Management sold 228,723 shares of Diebold Nixdorf stock. The shares were sold at an average price of $83.95, for a total value of $19,201,295.85.
• On Monday, June 8th, Millstreet Capital Management sold 88,334 shares of Diebold Nixdorf stock. The stock was sold at an average price of $82.99, for a total transaction of $7,330,838.66.
• On Thursday, April 16th, Millstreet Capital Management sold 60,833 shares of Diebold Nixdorf stock. The stock was sold at an average price of $84.77, for a total transaction of $5,156,813.41.
• On Wednesday, April 15th, Millstreet Capital Management sold 51,472 shares of Diebold Nixdorf stock. The shares were sold at an average price of $85.43, for a total transaction of $4,397,252.96.
• On Wednesday, April 8th, Millstreet Capital Management sold 399,929 shares of Diebold Nixdorf stock. The shares were sold at an average price of $82.42, for a total transaction of $32,962,148.18.

Diebold Nixdorf Stock Performance

Diebold Nixdorf stock traded up $1.80 during mid-day trading on Tuesday, reaching $85.25. The company had a trading volume of 417,304 shares, compared to its average volume of 368,205. The company has a quick ratio of 0.89, a current ratio of 1.28 and a debt-to-equity ratio of 0.92. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 28.90 and a beta of 1.13. The company has a 50 day moving average of $80.08 and a 200-day moving average of $75.89. Diebold Nixdorf, Incorporated has a 52 week low of $53.93 and a 52 week high of $89.05.

Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.01). The company had revenue of $888.20 million for the quarter, compared to the consensus estimate of $846.23 million. Diebold Nixdorf had a return on equity of 18.82% and a net margin of 2.80%.Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. On average, sell-side analysts expect that Diebold Nixdorf, Incorporated will post 5.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, DA Davidson reiterated a “buy” rating and issued a $100.00 price objective on shares of Diebold Nixdorf in a research report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, Diebold Nixdorf currently has an average rating of “Buy” and an average price target of $100.00.

Hedge Funds Weigh In On Diebold Nixdorf

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Jones Financial Companies Lllp boosted its position in shares of Diebold Nixdorf by 325.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock valued at $50,000 after acquiring an additional 880 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new position in Diebold Nixdorf in the first quarter worth about $93,000. Raymond James Financial Inc. acquired a new position in Diebold Nixdorf in the second quarter worth about $105,000. CWM LLC lifted its stake in Diebold Nixdorf by 15.6% during the fourth quarter. CWM LLC now owns 1,719 shares of the technology company’s stock worth $117,000 after purchasing an additional 232 shares during the period. Finally, Kemnay Advisory Services Inc. bought a new position in Diebold Nixdorf during the fourth quarter worth about $128,000. 97.04% of the stock is owned by institutional investors.

About Diebold Nixdorf

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.