Allspring Global Investments Holdings LLC Sells 14,551 Shares of Diebold Nixdorf, Incorporated $DBD

Allspring Global Investments Holdings LLC decreased its position in Diebold Nixdorf, Incorporated (NYSE:DBD) by 2.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 670,414 shares of the technology company’s stock after selling 14,551 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Diebold Nixdorf were worth $52,064,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Jones Financial Companies Lllp raised its stake 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 worth $50,000 after buying an additional 880 shares during the period. CWM LLC grew its stake in Diebold Nixdorf by 15.6% in the fourth quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after acquiring an additional 232 shares during the period. Kemnay Advisory Services Inc. acquired a new position in Diebold Nixdorf in the fourth quarter valued at about $128,000. Raymond James Financial Inc. bought a new stake in shares of Diebold Nixdorf in the second quarter worth about $105,000. Finally, Virtus Advisers LLC increased its holdings in shares of Diebold Nixdorf by 320.2% in the third quarter. Virtus Advisers LLC now owns 2,332 shares of the technology company’s stock worth $133,000 after acquiring an additional 1,777 shares in the last quarter. Institutional investors own 97.04% of the company’s stock.

Diebold Nixdorf Trading Up 0.8%

Shares of NYSE:DBD opened at $85.83 on Friday. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 29.10 and a beta of 1.12. Diebold Nixdorf, Incorporated has a 12 month low of $53.93 and a 12 month high of $89.05. The company’s fifty day simple moving average is $80.66 and its 200 day simple moving average is $77.46. The company has a quick ratio of 0.89, a current ratio of 1.28 and a debt-to-equity ratio of 0.92.

Diebold Nixdorf (NYSE:DBD) last announced its 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). The company had revenue of $888.20 million during the quarter, compared to analyst estimates of $846.23 million. Diebold Nixdorf had a return on equity of 18.82% and a net margin of 2.80%.Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. As a group, research analysts forecast that Diebold Nixdorf, Incorporated will post 5.5 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DBD. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Diebold Nixdorf in a research report on Friday, July 10th. DA Davidson reiterated a “buy” rating and issued a $100.00 price objective on shares of Diebold Nixdorf in a research report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $100.00.

Insider Transactions at Diebold Nixdorf

In other news, EVP Jonathan Myers bought 1,360 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average price of $73.41 per share, with a total value of $99,837.60. Following the transaction, the executive vice president owned 45,626 shares in the company, valued at $3,349,404.66. This represents a 3.07% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Thomas S. Timko bought 672 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was purchased at an average price of $74.36 per share, for a total transaction of $49,969.92. Following the purchase, the executive vice president directly owned 75,480 shares in the company, valued at approximately $5,612,692.80. This represents a 0.90% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have purchased 3,282 shares of company stock valued at $249,138 and have sold 419,798 shares valued at $35,245,284. Corporate insiders own 1.10% of the company’s stock.

About Diebold Nixdorf

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.