Aaron Samuel Greenberg Sells 276 Shares of Nayax (NASDAQ:NYAX) Stock

Nayax Ltd. (NASDAQ:NYAX) insider Aaron Samuel Greenberg sold 276 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $70.43, for a total transaction of $19,438.68. Following the completion of the transaction, the insider directly owned 25,477 shares in the company, valued at approximately $1,794,345.11. The trade was a 1.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Aaron Samuel Greenberg also recently made the following trade(s):

• On Wednesday, April 22nd, Aaron Samuel Greenberg sold 1,002 shares of Nayax stock. The shares were sold at an average price of $63.94, for a total value of $64,067.88.

Nayax Stock Performance

Shares of NYAX opened at $73.99 on Thursday. The firm has a market capitalization of $2.71 billion, a P/E ratio of 77.89 and a beta of 0.39. Nayax Ltd. has a 52 week low of $37.95 and a 52 week high of $74.83. The stock has a 50 day moving average price of $59.80 and a two-hundred day moving average price of $53.14. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.16 and a current ratio of 2.26.

Nayax (NASDAQ:NYAX) last posted its earnings results on Monday, March 9th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.11. The company had revenue of $119.45 million for the quarter, compared to analyst estimates of $120.13 million. Nayax had a return on equity of 11.60% and a net margin of 8.87%. Equities analysts forecast that Nayax Ltd. will post 0.84 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nayax

Several large investors have recently made changes to their positions in NYAX. Y.D. More Investments Ltd boosted its holdings in shares of Nayax by 3.1% in the 1st quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company’s stock worth $48,387,000 after buying an additional 25,694 shares during the last quarter. Vanguard Group Inc. increased its holdings in Nayax by 4,022.5% during the third quarter. Vanguard Group Inc. now owns 548,788 shares of the company’s stock worth $26,210,000 after buying an additional 535,476 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Nayax by 43.9% in the first quarter. Goldman Sachs Group Inc. now owns 294,430 shares of the company’s stock worth $9,966,000 after acquiring an additional 89,886 shares during the period. Assenagon Asset Management S.A. raised its position in Nayax by 36.4% in the first quarter. Assenagon Asset Management S.A. now owns 271,071 shares of the company’s stock worth $15,195,000 after acquiring an additional 72,357 shares during the period. Finally, AltraVue Capital LLC purchased a new position in Nayax in the fourth quarter valued at about $11,623,000. 34.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NYAX has been the subject of several analyst reports. William Blair reiterated an “outperform” rating on shares of Nayax in a report on Monday, March 9th. Zacks Research upgraded shares of Nayax from a “strong sell” rating to a “hold” rating in a report on Monday, January 19th. Keefe, Bruyette & Woods upped their price objective on shares of Nayax from $52.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, March 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Nayax in a research note on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Nayax currently has a consensus rating of “Hold” and a consensus target price of $51.67.

Nayax Company Profile

Nayax Ltd. is a global fintech company specializing in cashless payment solutions, telematics and management services for unattended retail environments. Founded in 2005 and headquartered in Israel, Nayax develops hardware and software platforms that enable vending machines, kiosks, laundromats, e-commerce and self-checkout points to accept a wide range of payment methods, including credit and debit cards, mobile wallets and contactless NFC transactions.

The company’s product portfolio comprises proprietary point-of-sale terminals—such as the VPOS and Carbon series—as well as a cloud-based management suite known as the Monyx platform.