Diebold Nixdorf, Incorporated (NYSE:DBD – Get Free Report) major shareholder Millstreet Capital Management sold 2,741 shares of the company’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $85.06, for a total transaction of $233,149.46. Following the sale, the insider directly owned 4,204,432 shares of the company’s stock, valued at $357,628,985.92. This represents a 0.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 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 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 value 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 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 transaction 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 value 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 value of $32,962,148.18.
Diebold Nixdorf Stock Down 0.1%
Shares of NYSE DBD opened at $84.92 on Monday. The company has a 50 day simple moving average of $80.13 and a 200 day simple moving average of $75.76. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.28 and a quick ratio of 0.89. Diebold Nixdorf, Incorporated has a 1 year low of $53.93 and a 1 year high of $89.05. The firm has a market cap of $2.94 billion, a PE ratio of 28.79 and a beta of 1.13.
Hedge Funds Weigh In On Diebold Nixdorf
A number of hedge funds and other institutional investors have recently modified their holdings of DBD. ProShare Advisors LLC grew its position in shares of Diebold Nixdorf by 4.1% during the 4th quarter. ProShare Advisors LLC now owns 4,521 shares of the technology company’s stock valued at $307,000 after acquiring an additional 178 shares during the period. Chicago Partners Investment Group LLC raised its holdings in shares of Diebold Nixdorf by 5.8% in the 1st quarter. Chicago Partners Investment Group LLC now owns 4,112 shares of the technology company’s stock worth $310,000 after purchasing an additional 224 shares during the period. CWM LLC lifted 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 purchasing an additional 232 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Diebold Nixdorf by 1.0% during the second quarter. Lazard Asset Management LLC now owns 31,421 shares of the technology company’s stock valued at $1,740,000 after purchasing an additional 322 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in Diebold Nixdorf by 1.3% during the third quarter. Alliancebernstein L.P. now owns 28,634 shares of the technology company’s stock valued at $1,633,000 after purchasing an additional 355 shares during the period. Hedge funds and other institutional investors own 97.04% of the company’s stock.
Analysts Set New Price Targets
Separately, DA Davidson reiterated a “buy” rating and set a $100.00 price objective 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.com, the stock has an average rating of “Buy” and a consensus price target of $100.00.
Check Out Our Latest Stock Analysis on DBD
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.
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