Diebold Nixdorf (NYSE:DBD) Research Coverage Started at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Diebold Nixdorf (NYSE:DBD – Get Rating) in a report issued on Thursday. The brokerage set a “sell” rating on the technology company’s stock.

Diebold Nixdorf Stock Performance

Shares of NYSE:DBD opened at $2.35 on Thursday. Diebold Nixdorf has a twelve month low of $1.26 and a twelve month high of $7.60. The firm has a market cap of $185.84 million, a PE ratio of -0.32 and a beta of 3.02. The business has a fifty day moving average of $2.54 and a 200-day moving average of $2.43.

Insider Activity

In other Diebold Nixdorf news, CEO Octavio Marquez bought 30,000 shares of the stock in a transaction dated Monday, February 13th. The stock was bought at an average cost of $2.28 per share, for a total transaction of $68,400.00. Following the completion of the purchase, the chief executive officer now owns 351,286 shares in the company, valued at approximately $800,932.08. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Diebold Nixdorf news, CEO Octavio Marquez purchased 30,000 shares of the 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 transaction, the chief executive officer now directly owns 351,286 shares in the company, valued at $800,932.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gary G. Greenfield acquired 17,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 14th. The stock was acquired 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 disclosure for this purchase can be found here. 4.18% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Diebold Nixdorf

Several large investors have recently bought and sold shares of the business. Alliancebernstein L.P. lifted its holdings in Diebold Nixdorf by 6.8% in the fourth quarter. Alliancebernstein L.P. now owns 95,250 shares of the technology company’s stock valued at $135,000 after buying an additional 6,037 shares during the period. Jane Street Group LLC lifted its holdings in Diebold Nixdorf by 1,895.6% in the fourth quarter. Jane Street Group LLC now owns 486,923 shares of the technology company’s stock valued at $691,000 after buying an additional 462,523 shares during the period. Squarepoint Ops LLC acquired a new stake in Diebold Nixdorf in the fourth quarter worth $601,000. Millennium Management LLC raised its holdings in Diebold Nixdorf by 400.8% in the fourth quarter. Millennium Management LLC now owns 3,959,686 shares of the technology company’s stock worth $5,623,000 after purchasing an additional 3,169,086 shares during the period. Finally, Fortis Capital Advisors LLC acquired a new stake in Diebold Nixdorf in the fourth quarter worth $45,000. 74.46% of the stock is currently owned by institutional investors and hedge funds.

About Diebold Nixdorf

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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.