BNP Paribas Financial Markets Sells 78,192 Shares of NCR Voyix Co. (NYSE:VYX)

BNP Paribas Financial Markets decreased its position in NCR Voyix Co. (NYSE:VYX) by 78.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 21,420 shares of the company’s stock after selling 78,192 shares during the quarter. BNP Paribas Financial Markets’ holdings in NCR Voyix were worth $296,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in VYX. CIBC Asset Management Inc boosted its position in NCR Voyix by 6.5% during the fourth quarter. CIBC Asset Management Inc now owns 14,239 shares of the company’s stock worth $197,000 after purchasing an additional 871 shares during the period. Mariner LLC boosted its position in NCR Voyix by 6.6% during the fourth quarter. Mariner LLC now owns 14,022 shares of the company’s stock worth $194,000 after purchasing an additional 872 shares during the period. Summit Investment Advisors Inc. boosted its position in NCR Voyix by 6.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 15,221 shares of the company’s stock worth $211,000 after purchasing an additional 966 shares during the period. Trajan Wealth LLC boosted its position in NCR Voyix by 9.0% during the fourth quarter. Trajan Wealth LLC now owns 15,315 shares of the company’s stock worth $212,000 after purchasing an additional 1,269 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in NCR Voyix by 175.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company’s stock worth $31,000 after purchasing an additional 1,423 shares during the period. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Stock Up 3.3%

Shares of VYX stock opened at $11.18 on Wednesday. NCR Voyix Co. has a 12 month low of $7.55 and a 12 month high of $15.34. The firm has a market cap of $1.54 billion, a PE ratio of 2.59 and a beta of 1.52. The stock has a 50 day moving average of $9.36 and a 200-day moving average of $11.71. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.07. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The company had revenue of $617.00 million during the quarter, compared to analyst estimates of $608.67 million. During the same period in the previous year, the company earned $0.13 earnings per share. The company’s quarterly revenue was down 13.1% compared to the same quarter last year. On average, equities analysts predict that NCR Voyix Co. will post -0.86 EPS for the current year.

Analysts Set New Price Targets

VYX has been the subject of a number of recent analyst reports. The Goldman Sachs Group upped their target price on NCR Voyix from $8.50 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, May 9th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $17.00 target price on shares of NCR Voyix in a research report on Tuesday, March 25th. Finally, Needham & Company LLC decreased their target price on NCR Voyix from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, May 9th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $14.60.

Insider Transactions at NCR Voyix

In other news, Director Laura Sen bought 22,550 shares of the business’s stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average cost of $11.04 per share, for a total transaction of $248,952.00. Following the completion of the purchase, the director now owns 52,203 shares of the company’s stock, valued at $576,321.12. This trade represents a 76.05% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.61% of the company’s stock.

About NCR Voyix

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers.