ASB Consultores LLC Invests $216,000 in NCR Voyix Co. (NYSE:VYX)

ASB Consultores LLC acquired a new position in NCR Voyix Co. (NYSE:VYX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,925 shares of the company’s stock, valued at approximately $216,000.

Other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. raised its stake in shares of NCR Voyix by 72.0% in the second quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock worth $25,000 after buying an additional 840 shares during the period. Mather Group LLC. bought a new position in shares of NCR Voyix in the second quarter worth about $41,000. Bessemer Group Inc. bought a new position in shares of NCR Voyix in the first quarter worth about $43,000. Nisa Investment Advisors LLC raised its stake in shares of NCR Voyix by 61.4% in the second quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company’s stock worth $62,000 after buying an additional 1,903 shares during the period. Finally, Carolina Wealth Advisors LLC purchased a new stake in shares of NCR Voyix during the second quarter worth about $69,000. Institutional investors own 97.00% of the company’s stock.

Insider Activity

In related news, EVP Eric Schoch acquired 21,692 shares of the stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average cost of $12.19 per share, with a total value of $264,425.48. Following the purchase, the executive vice president now directly owns 101,671 shares of the company’s stock, valued at approximately $1,239,369.49. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CFO Brian J. Webb-Walsh acquired 10,000 shares of the stock in a transaction dated Thursday, August 8th. The stock was acquired 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 SEC, which is available at this hyperlink. Also, EVP Eric Schoch acquired 21,692 shares of the stock in a transaction dated Tuesday, August 13th. The stock was bought at an average cost of $12.19 per share, with a total value of $264,425.48. Following the completion of the purchase, the executive vice president now directly owns 101,671 shares in the company, 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 purchased 46,492 shares of company stock valued at $577,993 in the last ninety days. Insiders own 0.61% of the company’s stock.

NCR Voyix Price Performance

NYSE VYX opened at $13.33 on Wednesday. The stock has a market capitalization of $1.94 billion, a PE ratio of -3.33 and a beta of 1.64. The business has a 50 day simple moving average of $13.20 and a two-hundred day simple moving average of $13.10. NCR Voyix Co. has a 1-year low of $10.87 and a 1-year high of $17.39.

NCR Voyix (NYSE:VYX) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.07). The firm had revenue of $876.00 million for the quarter, compared to analysts’ expectations of $886.60 million. NCR Voyix had a negative net margin of 11.68% and a positive return on equity of 7.35%. The business’s quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.73 EPS. On average, analysts anticipate that NCR Voyix Co. will post -1.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Royal Bank of Canada cut their target price on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. Needham & Company LLC reiterated a “buy” rating and set a $20.00 target price on shares of NCR Voyix in a research report on Monday, October 14th. The Goldman Sachs Group assumed coverage on NCR Voyix in a research report on Monday, October 14th. They set a “neutral” rating and a $14.00 target price for the company. Finally, 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 report on Friday, August 9th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.