Nayax (NASDAQ:NYAX) Insider Aaron Samuel Greenberg Sells 276 Shares

Nayax Ltd. (NASDAQ:NYAX) insider Aaron Samuel Greenberg sold 276 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $69.03, for a total transaction of $19,052.28. Following the transaction, the insider owned 25,279 shares of the company’s stock, valued at $1,745,009.37. This trade represents a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Aaron Samuel Greenberg also recently made the following trade(s):

• On Monday, June 29th, Aaron Samuel Greenberg sold 54 shares of Nayax stock. The stock was sold at an average price of $63.85, for a total value of $3,447.90.
• On Thursday, June 4th, Aaron Samuel Greenberg sold 306 shares of Nayax stock. The shares were sold at an average price of $68.06, for a total value of $20,826.36.
• On Monday, June 1st, Aaron Samuel Greenberg sold 440 shares of Nayax stock. The shares were sold at an average price of $73.31, for a total value of $32,256.40.

Nayax Stock Performance

Shares of NYAX opened at $67.95 on Wednesday. Nayax Ltd. has a 12-month low of $39.17 and a 12-month high of $76.86. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 0.53. The company has a market cap of $2.49 billion, a PE ratio of 86.01 and a beta of 0.47. The stock has a 50-day moving average price of $67.24 and a 200-day moving average price of $62.72.

Nayax (NASDAQ:NYAX) last announced its earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.05). Nayax had a net margin of 6.95% and a return on equity of 14.09%. The company had revenue of $106.86 million during the quarter, compared to analysts’ expectations of $105.64 million. As a group, equities analysts forecast that Nayax Ltd. will post 0.73 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on NYAX. Wall Street Zen downgraded shares of Nayax from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. UBS Group raised their price target on Nayax from $68.00 to $75.00 and gave the company a “neutral” rating in a research report on Wednesday, June 24th. Jefferies Financial Group reaffirmed a “buy” rating and set a $79.80 price target on shares of Nayax in a research note on Thursday, May 14th. Barclays assumed coverage on Nayax in a report on Wednesday, July 8th. They issued an “equal weight” rating and a $75.00 price objective for the company. Finally, Keefe, Bruyette & Woods increased their price objective on Nayax from $60.00 to $75.00 and gave the company a “market perform” rating in a research report on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $78.16.

Institutional Investors Weigh In On Nayax

A number of institutional investors have recently made changes to their positions in NYAX. Public Employees Retirement System of Ohio grew its holdings in shares of Nayax by 9.3% during the 4th quarter. Public Employees Retirement System of Ohio now owns 3,894 shares of the company’s stock valued at $197,000 after purchasing an additional 330 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in Nayax by 210.5% in the second quarter. Russell Investments Group Ltd. now owns 590 shares of the company’s stock worth $30,000 after purchasing an additional 400 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in Nayax by 8.0% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 8,058 shares of the company’s stock valued at $407,000 after buying an additional 594 shares during the period. Osaic Holdings Inc. bought a new position in shares of Nayax during the second quarter valued at about $33,000. Finally, Geode Capital Management LLC grew its stake in shares of Nayax by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 36,139 shares of the company’s stock valued at $1,825,000 after buying an additional 715 shares during the last quarter. Hedge funds and other institutional investors own 34.87% of the company’s stock.

Nayax Company Profile

Nayax Ltd. is a global fintech company specializing in cashless payment solutions, telematics and management services for unattended retail environments. Founded in 2005 and headquartered in Israel, Nayax develops hardware and software platforms that enable vending machines, kiosks, laundromats, e-commerce and self-checkout points to accept a wide range of payment methods, including credit and debit cards, mobile wallets and contactless NFC transactions.

The company’s product portfolio comprises proprietary point-of-sale terminals—such as the VPOS and Carbon series—as well as a cloud-based management suite known as the Monyx platform.