Nayax Ltd. $NYAX Shares Sold by Phoenix Financial Ltd.

Phoenix Financial Ltd. trimmed its stake in shares of Nayax Ltd. (NASDAQ:NYAX) by 6.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 435,455 shares of the company’s stock after selling 29,824 shares during the period. Phoenix Financial Ltd. owned about 1.19% of Nayax worth $20,776,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Public Employees Retirement System of Ohio acquired a new stake in Nayax during the 2nd quarter worth about $239,000. Bank of America Corp DE boosted its holdings in shares of Nayax by 1,607.2% in the first quarter. Bank of America Corp DE now owns 9,270 shares of the company’s stock worth $519,000 after buying an additional 8,727 shares during the period. Tidal Investments LLC acquired a new position in shares of Nayax in the second quarter worth about $650,000. Finally, Altshuler Shaham Ltd boosted its holdings in shares of Nayax by 5.0% in the first quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company’s stock worth $2,026,000 after buying an additional 1,731 shares during the period. Institutional investors and hedge funds own 34.87% of the company’s stock.

More Nayax News

Here’s some of the latest news about NYAX:

• Positive Sentiment: Nayax reported Q3 EPS of $0.34, above the $0.15 consensus estimate. Shares were reported to have gapped up after the results, suggesting the earnings beat supported investor sentiment. Nayax Shares Gap Up on Earnings Beat
• Positive Sentiment: Q3 coverage highlighted margin gains, and an analysis considered whether the results and IPS Group acquisition could leave the stock undervalued. These factors may support the investment case, though the article title does not establish a firm conclusion. Nayax Q3 2026: Margin Gains Offset a Revenue Miss Is Nayax Undervalued On Q3 Results And Its IPS Group Acquisition?
• Neutral Sentiment: Revenue was $128.04 million, below the $134.35 million consensus, tempering the EPS beat. Analysts also noted that Nayax’s cash-flow outlook is difficult to assess. Nayax Stock Looks Hard To Call On Cash Flow

Nayax Stock Down 2.2%

Nayax stock traded down $1.13 during mid-day trading on Friday, hitting $51.05. The company’s stock had a trading volume of 32,442 shares, compared to its average volume of 24,650. Nayax Ltd. has a 52-week low of $39.17 and a 52-week high of $76.86. The company has a market cap of $1.87 billion, a PE ratio of 567.22 and a beta of 0.46. The company has a debt-to-equity ratio of 1.43, a current ratio of 2.12 and a quick ratio of 2.03. The firm’s 50 day moving average is $47.36 and its 200 day moving average is $58.01.

Nayax (NASDAQ:NYAX) last released its earnings results on Wednesday, November 11th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.19. The company had revenue of $128.04 million for the quarter, compared to analysts’ expectations of $134.35 million. Nayax had a return on equity of 14.59% and a net margin of 0.68%. On average, analysts anticipate that Nayax Ltd. will post 0.91 earnings per share for the current year.

Insider Transactions at Nayax

In related news, insider David Ben-Avi acquired 700 shares of the stock in a transaction that occurred on Wednesday, September 23rd. The shares were purchased at an average cost of $43.07 per share, with a total value of $30,149.00. Following the completion of the transaction, the insider owned 6,592,402 shares of the company’s stock, valued at approximately $283,934,754.14. This trade represents a 0.01% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Gal Omer sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $45.17, for a total transaction of $67,755.00. Following the completion of the transaction, the insider owned 18,539 shares in the company, valued at approximately $837,406.63. This represents a 7.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders purchased 198,962 shares of company stock valued at $8,972,432 and sold 3,141 shares valued at $145,536.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on NYAX shares. Keefe, Bruyette & Woods upgraded shares of Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 price target on the stock in a report on Friday, August 14th. Barclays reduced their price target on shares of Nayax from $68.00 to $60.00 and set an “equal weight” rating for the company in a research report on Thursday. UBS Group decreased their price objective on shares of Nayax from $70.00 to $66.00 and set a “neutral” rating for the company in a research note on Thursday. Jefferies Financial Group assumed coverage on shares of Nayax in a research report on Wednesday, October 7th. They set a “buy” rating and a $68.30 price objective on the stock. Finally, Weiss Ratings raised shares of Nayax from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $71.06.

Nayax Profile

Nayax Ltd. is a financial technology and commerce platform company focused on unattended and self-service retail. Its offerings combine cashless payment processing with business management and consumer-engagement tools. The company provides payment devices and software that support cashless transactions, remote monitoring, sales reporting and loyalty programs. Its solutions serve operators in markets such as vending, self-service laundries, micro markets and other unattended retail settings. Founded in 2005 and headquartered in Israel, Nayax serves merchants and operators in markets around the world.