Diebold Nixdorf, Incorporated (NYSE:DBD – Get Free Report) major shareholder Millstreet Capital Management sold 2,741 shares of Diebold Nixdorf stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $85.06, for a total transaction of $233,149.46. Following the sale, the insider owned 4,204,432 shares of the company’s stock, valued at approximately $357,628,985.92. The trade was a 0.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major 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 Wednesday, June 24th, Millstreet Capital Management sold 228,723 shares of Diebold Nixdorf stock. The stock was sold at an average price of $83.95, for a total transaction of $19,201,295.85.
- 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 value of $32,962,148.18.
Diebold Nixdorf Price Performance
NYSE DBD traded up $0.36 during trading hours on Friday, reaching $84.92. 620,503 shares of the stock traded hands, compared to its average volume of 367,615. The stock has a 50 day simple moving average of $80.13 and a two-hundred day simple moving average of $75.63. Diebold Nixdorf, Incorporated has a 1 year low of $53.93 and a 1 year high of $89.05. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.28 and a quick ratio of 0.89. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 28.79 and a beta of 1.13.
Wall Street Analysts Forecast Growth
Separately, DA Davidson reissued a “buy” rating and set a $100.00 price target 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 MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $100.00.
Read Our Latest Research Report on Diebold Nixdorf
Institutional Trading of Diebold Nixdorf
A number of institutional investors have recently made changes to their positions in DBD. Jones Financial Companies Lllp increased its stake in shares of Diebold Nixdorf by 325.9% in the first 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 period. Measured Wealth Private Client Group LLC purchased a new stake in Diebold Nixdorf during the 1st quarter valued at $93,000. CWM LLC grew its holdings in Diebold Nixdorf by 15.6% in the 4th quarter. CWM LLC now owns 1,719 shares of the technology company’s stock worth $117,000 after acquiring an additional 232 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new position in shares of Diebold Nixdorf in the fourth quarter valued at about $128,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Diebold Nixdorf in the second quarter valued at about $105,000. Hedge funds and other institutional investors 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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