Diebold Nixdorf (NYSE:DBD) Major Shareholder Millstreet Capital Management Sells 100,000 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 100,000 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $84.80, for a total value of $8,480,000.00. Following the completion of the sale, the insider owned 4,104,432 shares in the company, valued at approximately $348,055,833.60. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Millstreet Capital Management also recently made the following trade(s):

• On Thursday, June 25th, Millstreet Capital Management sold 2,741 shares of Diebold Nixdorf stock. The shares were sold at an average price of $85.06, for a total value of $233,149.46.
• On Wednesday, June 24th, Millstreet Capital Management sold 228,723 shares of Diebold Nixdorf stock. The shares were sold at an average price of $83.95, for a total transaction of $19,201,295.85.
• On Monday, June 8th, Millstreet Capital Management sold 88,334 shares of Diebold Nixdorf stock. The stock was sold at an average price of $82.99, for a total transaction of $7,330,838.66.
• On Thursday, April 16th, Millstreet Capital Management sold 60,833 shares of Diebold Nixdorf stock. The stock was sold at an average price of $84.77, for a total value of $5,156,813.41.
• On Wednesday, April 15th, Millstreet Capital Management sold 51,472 shares of Diebold Nixdorf stock. The shares were sold at an average price of $85.43, for a total transaction of $4,397,252.96.
• On Wednesday, April 8th, Millstreet Capital Management sold 399,929 shares of Diebold Nixdorf stock. The shares were sold at an average price of $82.42, for a total transaction of $32,962,148.18.

Diebold Nixdorf Trading Up 2.2%

Shares of Diebold Nixdorf stock opened at $85.25 on Wednesday. Diebold Nixdorf, Incorporated has a fifty-two week low of $53.93 and a fifty-two week high of $89.05. The business’s fifty day moving average is $80.01 and its two-hundred day moving average is $76.02. The company has a quick ratio of 0.89, a current ratio of 1.28 and a debt-to-equity ratio of 0.92. The firm has a market cap of $2.95 billion, a PE ratio of 28.90 and a beta of 1.13.

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

Analysts Set New Price Targets

Separately, DA Davidson reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Diebold Nixdorf in a research report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $100.00.

Institutional Trading of Diebold Nixdorf

Several hedge funds and other institutional investors have recently bought and sold shares of DBD. Arrowstreet Capital Limited Partnership raised its stake in Diebold Nixdorf by 458.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 402,603 shares of the technology company’s stock worth $22,960,000 after acquiring an additional 330,526 shares during the period. LSV Asset Management boosted its stake in Diebold Nixdorf by 1,072.4% in the fourth quarter. LSV Asset Management now owns 325,917 shares of the technology company’s stock valued at $22,127,000 after acquiring an additional 298,117 shares during the period. American Century Companies Inc. boosted its stake in Diebold Nixdorf by 73.6% in the third quarter. American Century Companies Inc. now owns 501,819 shares of the technology company’s stock valued at $28,619,000 after acquiring an additional 212,790 shares during the period. 325 Capital LLC bought a new position in shares of Diebold Nixdorf during the fourth quarter valued at approximately $13,130,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Diebold Nixdorf by 16.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,148,962 shares of the technology company’s stock valued at $86,672,000 after purchasing an additional 165,324 shares during the last quarter. 97.04% of the stock is owned by institutional investors.

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.