Diebold Nixdorf, Incorporated (NYSE:DBD – Get Free Report) major shareholder Millstreet Capital Management sold 100,000 shares of the firm’s stock in a transaction on Friday, June 26th. The stock was 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 of the company’s stock, valued at approximately $348,055,833.60. This trade represents a 2.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares 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 shares were 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 Up 2.2%
DBD stock traded up $1.80 during midday trading on Tuesday, reaching $85.25. The company had a trading volume of 417,304 shares, compared to its average volume of 368,205. Diebold Nixdorf, Incorporated has a 1 year low of $53.93 and a 1 year high of $89.05. The company has a current ratio of 1.28, a quick ratio of 0.89 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $2.95 billion, a P/E ratio of 28.90 and a beta of 1.13. The company has a 50 day moving average of $80.08 and a two-hundred day moving average of $75.89.
Wall Street Analysts Forecast Growth
Separately, DA Davidson restated a “buy” rating and issued a $100.00 target price on shares of Diebold Nixdorf in a research note on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $100.00.
Get Our Latest Research Report on DBD
Institutional Investors Weigh In On Diebold Nixdorf
Several institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp raised its holdings in Diebold Nixdorf by 325.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock worth $50,000 after acquiring an additional 880 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in Diebold Nixdorf during the first quarter valued at about $93,000. Raymond James Financial Inc. bought a new stake in Diebold Nixdorf during the second quarter valued at about $105,000. CWM LLC grew its position in shares of Diebold Nixdorf by 15.6% in the fourth quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after purchasing an additional 232 shares during the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Diebold Nixdorf in the fourth quarter valued at about $128,000. Institutional investors and hedge funds own 97.04% of the company’s stock.
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.
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