Diebold Nixdorf, Incorporated (NYSE:DBD – Get Free Report) major shareholder Millstreet Capital Management sold 228,723 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $83.95, for a total value of $19,201,295.85. Following the transaction, the insider directly owned 4,207,173 shares in the company, valued at approximately $353,192,173.35. This represents a 5.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 Monday, June 8th, Millstreet Capital Management sold 88,334 shares of Diebold Nixdorf stock. The shares were 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 stock was 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 Trading Up 0.4%
Diebold Nixdorf stock traded up $0.36 during trading hours on Friday, hitting $84.92. The company had a trading volume of 620,503 shares, compared to its average volume of 367,615. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.89 and a current ratio of 1.28. The firm has a market cap of $2.94 billion, a P/E ratio of 28.79 and a beta of 1.13. The company has a 50-day moving average price of $80.13 and a two-hundred day moving average price of $75.63. Diebold Nixdorf, Incorporated has a 1 year low of $53.93 and a 1 year high of $89.05.
Wall Street Analysts Forecast Growth
Separately, DA Davidson reissued a “buy” rating and set a $100.00 price objective on shares of Diebold Nixdorf in a report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $100.00.
Get Our Latest Analysis on DBD
Institutional Investors Weigh In On Diebold Nixdorf
A number of hedge funds and other institutional investors have recently bought and sold shares of DBD. Jones Financial Companies Lllp grew its stake in Diebold Nixdorf by 325.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock worth $50,000 after buying an additional 880 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Diebold Nixdorf in the first quarter worth $93,000. Raymond James Financial Inc. acquired a new stake in shares of Diebold Nixdorf during the second quarter worth $105,000. CWM LLC lifted its stake in shares of 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 buying an additional 232 shares during the period. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Diebold Nixdorf in the 4th quarter valued at $128,000. Hedge funds and other institutional investors own 97.04% of the company’s stock.
Diebold Nixdorf Company Profile
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.
Featured Stories
- Five stocks we like better than Diebold Nixdorf
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Diebold Nixdorf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diebold Nixdorf and related companies with MarketBeat.com's FREE daily email newsletter.
