Irenic Capital Management LP Sells 163,500 Shares of Diebold Nixdorf, Incorporated $DBD

Irenic Capital Management LP trimmed its holdings in Diebold Nixdorf, Incorporated (NYSE:DBD) by 25.4% in the 1st quarter, HoldingsChannel reports. The firm owned 480,557 shares of the technology company’s stock after selling 163,500 shares during the quarter. Diebold Nixdorf makes up approximately 2.4% of Irenic Capital Management LP’s portfolio, making the stock its 12th largest holding. Irenic Capital Management LP’s holdings in Diebold Nixdorf were worth $36,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp lifted its stake in Diebold Nixdorf by 325.9% in 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 in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Diebold Nixdorf during the first quarter valued at about $93,000. CWM LLC increased its holdings in shares of Diebold Nixdorf by 15.6% in the fourth quarter. CWM LLC now owns 1,719 shares of the technology company’s stock worth $117,000 after purchasing an additional 232 shares during the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of Diebold Nixdorf in the fourth quarter worth about $128,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Diebold Nixdorf in the second quarter worth about $105,000. 97.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on DBD shares. DA Davidson reissued a “buy” rating and set a $100.00 price target on shares of Diebold Nixdorf in a research note on Monday, May 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Diebold Nixdorf in a report on Friday, July 10th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $100.00.

Diebold Nixdorf Price Performance

Diebold Nixdorf stock opened at $90.61 on Wednesday. Diebold Nixdorf, Incorporated has a 52-week low of $53.93 and a 52-week high of $92.08. 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’s fifty day moving average is $82.93 and its 200 day moving average is $78.58. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 30.72 and a beta of 1.12.

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

Insider Buying and Selling at Diebold Nixdorf

In other Diebold Nixdorf news, EVP Jonathan Myers purchased 1,360 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average price of $73.41 per share, with a total value of $99,837.60. Following the acquisition, the executive vice president owned 45,626 shares in the company, valued at approximately $3,349,404.66. The trade was a 3.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Millstreet Capital Management sold 228,723 shares of Diebold Nixdorf stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $83.95, for a total value of $19,201,295.85. Following the completion of the transaction, the insider owned 4,207,173 shares of the company’s stock, valued at approximately $353,192,173.35. This represents a 5.16% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders bought 3,282 shares of company stock worth $249,138 and sold 419,798 shares worth $35,245,284. Insiders own 1.10% 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.