Millstreet Capital Management Sells 228,723 Shares of Diebold Nixdorf (NYSE:DBD) Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 228,723 shares of Diebold Nixdorf stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $83.95, for a total transaction of $19,201,295.85. Following the transaction, the insider owned 4,207,173 shares in the company, valued at approximately $353,192,173.35. This trade represents a 5.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions 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 stock was sold at an average price of $85.06, for a total value of $233,149.46.
• 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 value 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 Price Performance

DBD stock opened at $84.92 on Friday. 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 fifty day moving average price is $80.13 and its 200-day moving average price is $75.69. Diebold Nixdorf, Incorporated has a one year low of $53.93 and a one year high of $89.05. The company has a market capitalization of $2.94 billion, a PE ratio of 28.79 and a beta of 1.13.

Diebold Nixdorf (NYSE:DBD) last posted its earnings results 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). The company had revenue of $888.20 million for the quarter, compared to analysts’ expectations of $846.23 million. Diebold Nixdorf had a net margin of 2.80% and a return on equity of 18.82%. 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 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Diebold Nixdorf

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its stake in shares of 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 purchasing an additional 880 shares during the period. Measured Wealth Private Client Group LLC purchased a new stake in Diebold Nixdorf in the 1st quarter worth about $93,000. Raymond James Financial Inc. bought a new stake in Diebold Nixdorf in the second quarter worth about $105,000. CWM LLC boosted its position in shares of Diebold Nixdorf by 15.6% during the fourth quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after buying an additional 232 shares during the period. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Diebold Nixdorf during the fourth quarter valued at approximately $128,000. Hedge funds and other institutional investors own 97.04% of the company’s stock.

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.