Hsbc Holdings PLC lowered its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD – Get Rating) by 18.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 53,523 shares of the technology company’s stock after selling 12,383 shares during the period. Hsbc Holdings PLC’s holdings in Diebold Nixdorf were worth $131,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of DBD. Swiss National Bank raised its holdings in shares of Diebold Nixdorf by 8.2% during the 1st quarter. Swiss National Bank now owns 176,059 shares of the technology company’s stock worth $1,185,000 after buying an additional 13,400 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Diebold Nixdorf by 11.4% in the 1st quarter. JPMorgan Chase & Co. now owns 62,934 shares of the technology company’s stock worth $423,000 after purchasing an additional 6,422 shares in the last quarter. Raymond James & Associates acquired a new position in Diebold Nixdorf in the 1st quarter worth about $103,000. Cambridge Investment Research Advisors Inc. increased its holdings in Diebold Nixdorf by 25.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 44,100 shares of the technology company’s stock worth $297,000 after purchasing an additional 8,938 shares in the last quarter. Finally, MetLife Investment Management LLC increased its holdings in Diebold Nixdorf by 14.9% in the 1st quarter. MetLife Investment Management LLC now owns 28,775 shares of the technology company’s stock worth $194,000 after purchasing an additional 3,730 shares in the last quarter. Institutional investors and hedge funds own 74.46% of the company’s stock.
Diebold Nixdorf Trading Down 9.9 %
Shares of DBD stock opened at $2.72 on Friday. The stock has a market cap of $215.09 million, a price-to-earnings ratio of -0.37 and a beta of 3.02. The stock has a 50-day moving average of $2.48 and a 200-day moving average of $2.45. Diebold Nixdorf, Incorporated has a 1-year low of $1.26 and a 1-year high of $7.62.
Analyst Upgrades and Downgrades
Insider Activity at Diebold Nixdorf
In other news, CEO Octavio Marquez purchased 30,000 shares of the business’s stock in a transaction on Monday, February 13th. The shares were acquired at an average price of $2.28 per share, for a total transaction of $68,400.00. Following the completion of the acquisition, the chief executive officer now owns 351,286 shares in the company, valued at $800,932.08. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, Director Gary G. Greenfield bought 17,500 shares of the company’s stock in a transaction dated Tuesday, February 14th. The shares were bought at an average price of $2.88 per share, for a total transaction of $50,400.00. Following the completion of the acquisition, the director now directly owns 172,419 shares of the company’s stock, valued at $496,566.72. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Octavio Marquez bought 30,000 shares of the company’s stock in a transaction dated Monday, February 13th. The stock was bought at an average price of $2.28 per share, for a total transaction of $68,400.00. Following the acquisition, the chief executive officer now directly owns 351,286 shares of the company’s stock, valued at $800,932.08. The disclosure for this purchase can be found here. 4.18% of the stock is owned by corporate insiders.
Diebold Nixdorf Profile
Diebold Nixdorf, Inc engages in the provision of integrated software-led services, self-service delivery and security systems to financial, retail, commercial, and government markets. It offers financial self-services such as self-service support and maintenance, value-added services, self-service software, and self-service products, and security solutions including physical and electronic security.
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