Nayax (NASDAQ:NYAX) CFO Sells $13,126.40 in Stock

Nayax Ltd. (NASDAQ:NYAX) CFO Sagit Manor sold 293 shares of the firm’s stock in a transaction on Monday, September 28th. The stock was sold at an average price of $44.80, for a total transaction of $13,126.40. Following the completion of the sale, the chief financial officer owned 44,822 shares in the company, valued at approximately $2,008,025.60. The trade was a 0.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sagit Manor also recently made the following trade(s):

• On Friday, September 4th, Sagit Manor sold 123 shares of Nayax stock. The shares were sold at an average price of $52.39, for a total transaction of $6,443.97.
• On Wednesday, July 1st, Sagit Manor sold 1,252 shares of Nayax stock. The shares were sold at an average price of $66.74, for a total transaction of $83,558.48.

Nayax Stock Performance

NASDAQ NYAX opened at $48.25 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 2.12 and a quick ratio of 2.03. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 229.76 and a beta of 0.46. The company’s fifty day moving average is $53.04 and its two-hundred day moving average is $60.81. Nayax Ltd. has a 52-week low of $39.17 and a 52-week high of $76.86.

Nayax (NASDAQ:NYAX) last posted its quarterly earnings data on Tuesday, August 11th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.05. Nayax had a net margin of 1.74% and a return on equity of 10.45%. The company had revenue of $122.59 million for the quarter, compared to the consensus estimate of $116.75 million. Equities research analysts forecast that Nayax Ltd. will post 0.75 EPS for the current year.

Wall Street Analysts Forecast Growth

NYAX has been the subject of a number of research reports. UBS Group reiterated a “neutral” rating and issued a $70.00 price objective on shares of Nayax in a research report on Tuesday, August 11th. Keefe, Bruyette & Woods raised Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 target price for the company in a research report on Friday, August 14th. Zacks Research upgraded shares of Nayax from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 1st. Barclays lowered their price target on shares of Nayax from $75.00 to $68.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 11th. Finally, Weiss Ratings cut shares of Nayax from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, September 22nd. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $75.76.

More Nayax News

Here are the key news stories impacting Nayax this week:

• Positive Sentiment: IPS Group acquisition expands Nayax’s addressable market: Nayax completed its purchase of IPS Group for approximately $350 million in cash. IPS operates a smart-parking platform serving more than 250,000 parking spaces, extending Nayax’s payments and commerce technology into the mobility and parking markets. The deal could add transaction volume, recurring software revenue and cross-selling opportunities, although investors will monitor integration and returns on the cash investment. Nayax completes IPS Group acquisition
• Positive Sentiment: CEO continues to buy shares: CEO Yair Nechmad purchased 22,789 shares for roughly $1.02 million at an average price of $44.79, following additional purchases of 24,146 shares and 104,511 shares in recent days. The buying increases confidence that management views the recent weakness as an attractive valuation opportunity. Nayax CEO insider purchase
• Positive Sentiment: Getnet partnership supports international growth: Nayax is integrating its payment technology with Santander’s Getnet acquiring network, initially in Chile and potentially across Spain, Portugal, Brazil, Mexico and Argentina. The arrangement targets vending, electric-vehicle charging and other unattended-payment businesses, potentially broadening Nayax’s geographic reach and transaction volumes. Nayax and Getnet partnership
• Neutral Sentiment: Analyst expectations remain mixed: The average broker price target is $75.76, substantially above recent levels, but the consensus rating is “Hold.” Ratings range from “Outperform” to “Sell,” signaling uncertainty about the pace of Nayax’s recovery. Nayax analyst price target
• Negative Sentiment: Small insider sales and valuation risks persist: CFO Sagit Manor sold 293 shares, and CSO Aaron Greenberg sold 54 shares to cover RSU-related tax withholding. These were not necessarily discretionary sales, but they add minor selling pressure. NYAX also trades below its 50-day and 200-day averages and at a very high earnings multiple, increasing sensitivity to execution disappointments and acquisition-related costs.

Institutional Trading of Nayax

Institutional investors have recently bought and sold shares of the stock. AltraVue Capital LLC bought a new position in shares of Nayax during the fourth quarter valued at $11,623,000. Assenagon Asset Management S.A. boosted its stake in shares of Nayax by 36.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 271,071 shares of the company’s stock valued at $15,195,000 after purchasing an additional 72,357 shares in the last quarter. Y.D. More Investments Ltd grew its holdings in shares of Nayax by 3.1% in the 1st quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company’s stock worth $48,387,000 after purchasing an additional 25,694 shares during the last quarter. Altshuler Shaham Ltd grew its holdings in shares of Nayax by 140.0% in the 4th quarter. Altshuler Shaham Ltd now owns 34,489 shares of the company’s stock worth $1,742,000 after purchasing an additional 20,121 shares during the last quarter. Finally, Tidal Investments LLC acquired a new stake in shares of Nayax during the 2nd quarter worth about $650,000. Institutional investors and hedge funds own 34.87% of the company’s stock.

About Nayax

Nayax Ltd. is a global financial technology company that provides payment acceptance, management, and loyalty solutions for unattended and automated commerce. Its platform enables businesses to accept cashless payments through card readers, mobile wallets, and other digital payment methods while managing transactions and customer interactions through cloud-based software.

The company serves industries including vending, electric vehicle charging, parking, laundromats, kiosks, fuel stations, and other automated retail environments.