Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Frank Tobias Baur Acquires 4,200 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Frank Tobias Baur bought 4,200 shares of Diebold Nixdorf stock in a transaction dated Tuesday, May 7th. The shares were bought at an average cost of $39.46 per share, for a total transaction of $165,732.00. Following the completion of the transaction, the executive vice president now owns 23,112 shares of the company’s stock, valued at approximately $911,999.52. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Diebold Nixdorf Stock Up 3.7 %

NYSE DBD opened at $39.92 on Wednesday. The firm’s 50 day moving average price is $33.82 and its 200-day moving average price is $29.61. The company has a current ratio of 1.39, a quick ratio of 0.94 and a debt-to-equity ratio of 1.08. Diebold Nixdorf, Incorporated has a 52-week low of $16.50 and a 52-week high of $40.19.

Diebold Nixdorf (NYSE:DBD) last posted its earnings results on Wednesday, February 14th. The technology company reported $3.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $1.63. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.02 billion. On average, equities analysts forecast that Diebold Nixdorf, Incorporated will post 3.94 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wedbush upgraded Diebold Nixdorf from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $40.00 to $50.00 in a report on Friday, May 3rd. StockNews.com lowered Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Thursday, April 18th.

Institutional Investors Weigh In On Diebold Nixdorf

A number of institutional investors have recently added to or reduced their stakes in the stock. Skylands Capital LLC bought a new stake in shares of Diebold Nixdorf in the 3rd quarter valued at about $2,210,000. Allspring Global Investments Holdings LLC boosted its stake in Diebold Nixdorf by 411.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 576,430 shares of the technology company’s stock valued at $10,918,000 after acquiring an additional 463,744 shares in the last quarter. Beach Point Capital Management LP purchased a new position in Diebold Nixdorf in the third quarter worth $61,481,000. Nomura Asset Management Co. Ltd. acquired a new position in shares of Diebold Nixdorf during the third quarter worth $833,000. Finally, Impax Asset Management Group plc purchased a new stake in shares of Diebold Nixdorf during the 3rd quarter valued at $771,000. Institutional investors own 97.04% of the company’s stock.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.