Aaron Samuel Greenberg Sells 306 Shares of Nayax (NASDAQ:NYAX) Stock

Nayax Ltd. (NASDAQ:NYAX) insider Aaron Samuel Greenberg sold 306 shares of Nayax stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $68.06, for a total value of $20,826.36. Following the sale, the insider directly owned 25,609 shares of the company’s stock, valued at approximately $1,742,948.54. The trade was a 1.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Aaron Samuel Greenberg also recently made the following trade(s):

• On Monday, June 1st, Aaron Samuel Greenberg sold 440 shares of Nayax stock. The shares were sold at an average price of $73.31, for a total value of $32,256.40.
• On Monday, May 4th, Aaron Samuel Greenberg sold 276 shares of Nayax stock. The stock was sold at an average price of $70.43, for a total value of $19,438.68.
• On Wednesday, April 22nd, Aaron Samuel Greenberg sold 1,002 shares of Nayax stock. The stock was sold at an average price of $63.94, for a total value of $64,067.88.

Nayax Price Performance

Shares of Nayax stock opened at $65.00 on Monday. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 82.28 and a beta of 0.41. The stock has a 50-day simple moving average of $65.29 and a 200-day simple moving average of $57.24. Nayax Ltd. has a 52-week low of $39.17 and a 52-week high of $76.86. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.99 and a quick ratio of 0.88.

Nayax (NASDAQ:NYAX) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.05). The firm had revenue of $106.86 million during the quarter, compared to analyst estimates of $105.64 million. Nayax had a return on equity of 14.09% and a net margin of 6.95%. On average, equities research analysts expect that Nayax Ltd. will post 0.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on NYAX shares. William Blair restated an “outperform” rating on shares of Nayax in a report on Monday, March 9th. Wall Street Zen cut shares of Nayax from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Keefe, Bruyette & Woods raised their target price on Nayax from $60.00 to $75.00 and gave the company a “market perform” rating in a report on Wednesday, May 13th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $79.80 price target on shares of Nayax in a research report on Thursday, May 14th. Finally, Zacks Research downgraded Nayax from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Nayax presently has an average rating of “Hold” and an average price target of $77.20.

Institutional Investors Weigh In On Nayax

Institutional investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its stake in Nayax by 9.3% during the fourth quarter. Public Employees Retirement System of Ohio now owns 3,894 shares of the company’s stock valued at $197,000 after acquiring an additional 330 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Nayax by 210.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 590 shares of the company’s stock worth $30,000 after acquiring an additional 400 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Nayax by 8.0% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 8,058 shares of the company’s stock worth $407,000 after purchasing an additional 594 shares in the last quarter. Osaic Holdings Inc. acquired a new stake in shares of Nayax during the 2nd quarter worth approximately $33,000. Finally, Geode Capital Management LLC increased its position in shares of Nayax by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 36,139 shares of the company’s stock valued at $1,825,000 after purchasing an additional 715 shares during the period. 34.87% of the stock is owned by institutional investors and hedge funds.

About Nayax

Nayax Ltd. is a global fintech company specializing in cashless payment solutions, telematics and management services for unattended retail environments. Founded in 2005 and headquartered in Israel, Nayax develops hardware and software platforms that enable vending machines, kiosks, laundromats, e-commerce and self-checkout points to accept a wide range of payment methods, including credit and debit cards, mobile wallets and contactless NFC transactions.

The company’s product portfolio comprises proprietary point-of-sale terminals—such as the VPOS and Carbon series—as well as a cloud-based management suite known as the Monyx platform.