Diebold Nixdorf, Incorporated (NYSE:DBD – Get Free Report) major shareholder Millstreet Capital Management sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $84.80, for a total value of $8,480,000.00. Following the completion of the transaction, the insider directly owned 4,104,432 shares in the company, valued at $348,055,833.60. The trade was a 2.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Millstreet Capital Management also recently made the following trade(s):
- On Thursday, June 25th, Millstreet Capital Management sold 2,741 shares of Diebold Nixdorf stock. The stock was sold at an average price of $85.06, for a total value of $233,149.46.
- On Wednesday, June 24th, Millstreet Capital Management sold 228,723 shares of Diebold Nixdorf stock. The stock was sold at an average price of $83.95, for a total transaction 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 transaction of $7,330,838.66.
- On Thursday, April 16th, Millstreet Capital Management sold 60,833 shares of Diebold Nixdorf stock. The shares were 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 Performance
DBD stock opened at $83.24 on Friday. Diebold Nixdorf, Incorporated has a 1-year low of $53.93 and a 1-year high of $89.05. The company has a current ratio of 1.28, a quick ratio of 0.89 and a debt-to-equity ratio of 0.92. The firm has a market cap of $2.88 billion, a PE ratio of 28.22 and a beta of 1.12. The business’s 50-day moving average price is $79.91 and its two-hundred day moving average price is $76.24.
Wall Street Analysts Forecast Growth
Separately, DA Davidson restated a “buy” rating and issued a $100.00 price target on shares of Diebold Nixdorf in a research report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Diebold Nixdorf has an average rating of “Buy” and an average price target of $100.00.
Read Our Latest Stock Analysis on Diebold Nixdorf
Institutional Trading of Diebold Nixdorf
Several hedge funds have recently bought and sold shares of DBD. Jones Financial Companies Lllp boosted its holdings in Diebold Nixdorf by 325.9% during the first 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 during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Diebold Nixdorf during the 1st quarter worth about $93,000. Raymond James Financial Inc. bought a new position in shares of Diebold Nixdorf in the second quarter valued at approximately $105,000. CWM LLC grew its position in shares of Diebold Nixdorf by 15.6% during the 4th quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after purchasing an additional 232 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new position in Diebold Nixdorf in the 4th quarter worth about $128,000. Institutional investors and hedge funds own 97.04% of the company’s stock.
About Diebold Nixdorf
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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