Brant Point Investment Management LLC Trims Position in Diebold Nixdorf, Incorporated $DBD

Brant Point Investment Management LLC lessened its stake in Diebold Nixdorf, Incorporated (NYSE:DBD) by 15.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,680 shares of the technology company’s stock after selling 12,500 shares during the period. Brant Point Investment Management LLC owned 0.19% of Diebold Nixdorf worth $4,595,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. AlphaQuest LLC increased its position in Diebold Nixdorf by 65.1% during the 3rd quarter. AlphaQuest LLC now owns 860 shares of the technology company’s stock valued at $49,000 after purchasing an additional 339 shares during the period. Jones Financial Companies Lllp increased its position in Diebold Nixdorf by 325.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock valued at $50,000 after purchasing an additional 880 shares during the period. Raymond James Financial Inc. purchased a new position in Diebold Nixdorf during the 2nd quarter valued at about $105,000. CWM LLC increased its position in Diebold Nixdorf by 15.6% during the 4th quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after purchasing an additional 232 shares during the period. Finally, Virtus Advisers LLC increased its position in Diebold Nixdorf by 320.2% during the 3rd quarter. Virtus Advisers LLC now owns 2,332 shares of the technology company’s stock valued at $133,000 after purchasing an additional 1,777 shares during the period. Hedge funds and other institutional investors own 97.04% of the company’s stock.

Diebold Nixdorf Stock Up 0.3%

NYSE:DBD opened at $81.86 on Friday. Diebold Nixdorf, Incorporated has a fifty-two week low of $50.27 and a fifty-two week high of $89.05. The stock has a market capitalization of $2.83 billion, a P/E ratio of 27.75 and a beta of 1.13. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.89 and a current ratio of 1.28. The company’s 50-day simple moving average is $79.80 and its 200-day simple moving average is $74.41.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.01). Diebold Nixdorf had a net margin of 2.80% and a return on equity of 18.82%. The firm had revenue of $888.20 million during the quarter, compared to the consensus estimate of $846.23 million. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. On average, equities analysts anticipate that Diebold Nixdorf, Incorporated will post 5.5 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Thomas S. Timko purchased 672 shares of the stock in a transaction dated Friday, May 22nd. The shares were acquired at an average cost of $74.36 per share, for a total transaction of $49,969.92. Following the acquisition, the executive vice president owned 75,480 shares of the company’s stock, valued at approximately $5,612,692.80. This represents a 0.90% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Millstreet Capital Management sold 88,334 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $82.99, for a total transaction of $7,330,838.66. Following the completion of the sale, the insider owned 4,616,104 shares in the company, valued at $383,090,470.96. This represents a 1.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have acquired 3,282 shares of company stock valued at $249,138 and have sold 600,568 shares valued at $49,847,053. Corporate insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

DBD has been the topic of a number of research reports. Weiss Ratings raised shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday, February 17th. DA Davidson reissued a “buy” rating and set a $100.00 target price on shares of Diebold Nixdorf in a research report on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Diebold Nixdorf currently has an average rating of “Buy” and an average target price of $100.00.

Diebold Nixdorf Company Profile

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.