Millstreet Capital Management Sells 88,334 Shares of Diebold Nixdorf (NYSE:DBD) Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 88,334 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $82.99, for a total value of $7,330,838.66. Following the sale, the insider owned 4,616,104 shares of the company’s stock, valued at $383,090,470.96. This represents a 1.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• 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 stock was sold at an average price of $85.43, for a total value of $4,397,252.96.
• On Wednesday, April 8th, Millstreet Capital Management sold 399,929 shares of Diebold Nixdorf stock. The stock was sold at an average price of $82.42, for a total value of $32,962,148.18.

Diebold Nixdorf Stock Performance

Shares of NYSE:DBD opened at $81.73 on Friday. The firm has a market capitalization of $2.83 billion, a PE ratio of 27.71 and a beta of 1.13. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.28 and a quick ratio of 0.89. The business has a 50-day moving average of $79.72 and a two-hundred day moving average of $74.36. Diebold Nixdorf, Incorporated has a 12 month low of $50.27 and a 12 month high of $89.05.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.01). The firm had revenue of $888.20 million for 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 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on DBD shares. Weiss Ratings upgraded Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research note on Tuesday, February 17th. Wedbush set a $100.00 target price on Diebold Nixdorf in a research note on Friday, February 13th. Finally, DA Davidson reiterated a “buy” rating and issued a $100.00 target price on shares of Diebold Nixdorf in a research note on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $100.00.

Institutional Investors Weigh In On Diebold Nixdorf

A number of large investors have recently modified their holdings of the stock. William Blair Investment Management LLC grew its stake in shares of Diebold Nixdorf by 12.1% in the third quarter. William Blair Investment Management LLC now owns 1,819,728 shares of the technology company’s stock valued at $103,779,000 after buying an additional 197,086 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Diebold Nixdorf by 16.8% in 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. Geode Capital Management LLC boosted its holdings in Diebold Nixdorf by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 736,081 shares of the technology company’s stock valued at $49,983,000 after purchasing an additional 11,142 shares during the last quarter. Irenic Capital Management LP boosted its holdings in Diebold Nixdorf by 8.5% in the fourth quarter. Irenic Capital Management LP now owns 644,057 shares of the technology company’s stock valued at $43,725,000 after purchasing an additional 50,596 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Diebold Nixdorf by 20.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 519,201 shares of the technology company’s stock valued at $39,169,000 after purchasing an additional 88,534 shares during the last quarter. Institutional investors and hedge funds own 97.04% 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.