Insider Buying: Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Buys 4,200 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Frank Tobias Baur bought 4,200 shares of the stock in a transaction on Tuesday, May 7th. The shares were bought at an average cost of $39.46 per share, with a total value of $165,732.00. Following the purchase, the executive vice president now owns 23,112 shares of the company’s stock, valued at $911,999.52. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Diebold Nixdorf Trading Up 3.7 %

Shares of DBD opened at $39.92 on Wednesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.39 and a quick ratio of 0.94. The company’s 50-day simple moving average is $33.82 and its 200-day simple moving average is $29.61. Diebold Nixdorf, Incorporated has a 1 year low of $16.50 and a 1 year high of $40.19.

Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Wednesday, February 14th. The technology company reported $3.02 EPS for the quarter, beating the consensus estimate of $1.39 by $1.63. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. On average, research analysts forecast that Diebold Nixdorf, Incorporated will post 3.94 EPS for the current year.

Wall Street Analyst Weigh In

DBD has been the subject of a number of research analyst reports. Wedbush upgraded shares of Diebold Nixdorf from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $40.00 to $50.00 in a report on Friday, May 3rd. StockNews.com cut Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Thursday, April 18th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. raised its position in Diebold Nixdorf by 3.9% in the 4th quarter. Russell Investments Group Ltd. now owns 31,579 shares of the technology company’s stock valued at $914,000 after purchasing an additional 1,178 shares in the last quarter. Tower Research Capital LLC TRC acquired a new stake in Diebold Nixdorf in the fourth quarter valued at approximately $46,000. SG Americas Securities LLC purchased a new position in Diebold Nixdorf in the first quarter worth approximately $105,000. Public Employees Retirement System of Ohio acquired a new position in Diebold Nixdorf during the 3rd quarter worth approximately $79,000. Finally, Citigroup Inc. purchased a new stake in shares of Diebold Nixdorf in the 3rd quarter valued at approximately $135,000. 97.04% of the stock is owned by institutional investors and hedge funds.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.