Diebold Nixdorf (NYSE:DBD) Major Shareholder Millstreet Capital Management Sells 399,929 Shares

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 399,929 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $82.42, for a total transaction of $32,962,148.18. Following the completion of the transaction, the insider owned 4,816,743 shares of the company’s stock, valued at $396,995,958.06. This trade represents a 7.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more 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, January 15th, Millstreet Capital Management sold 500,000 shares of Diebold Nixdorf stock. The shares were sold at an average price of $68.00, for a total transaction of $34,000,000.00.

Diebold Nixdorf Price Performance

DBD stock opened at $84.61 on Friday. The firm has a 50 day moving average of $76.66 and a 200-day moving average of $68.14. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 0.85. Diebold Nixdorf, Incorporated has a 12 month low of $39.34 and a 12 month high of $85.99. The firm has a market capitalization of $2.95 billion, a P/E ratio of 32.67 and a beta of 1.48.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings data on Thursday, February 12th. The technology company reported $3.02 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $1.29. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 16.33%. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, sell-side analysts predict that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DBD has been the subject of several research analyst reports. DA Davidson lifted their target price on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Weiss Ratings upgraded shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday, February 17th. Finally, Wedbush set a $100.00 target price on shares of Diebold Nixdorf in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $100.00.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. William Blair Investment Management LLC raised its stake in shares of Diebold Nixdorf by 12.1% during the third quarter. William Blair Investment Management LLC now owns 1,819,728 shares of the technology company’s stock worth $103,779,000 after acquiring an additional 197,086 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Diebold Nixdorf by 6.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 983,638 shares of the technology company’s stock worth $66,782,000 after acquiring an additional 55,889 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Diebold Nixdorf by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 736,081 shares of the technology company’s stock worth $49,983,000 after acquiring an additional 11,142 shares in the last quarter. Irenic Capital Management LP raised its stake in shares of Diebold Nixdorf by 8.5% during the fourth quarter. Irenic Capital Management LP now owns 644,057 shares of the technology company’s stock worth $43,725,000 after acquiring an additional 50,596 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Diebold Nixdorf by 73.6% during the third quarter. American Century Companies Inc. now owns 501,819 shares of the technology company’s stock worth $28,619,000 after acquiring an additional 212,790 shares in the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.

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.