Diebold Nixdorf, Incorporated (NYSE:DBD - Get Free Report) Director Emanuel R. Pearlman sold 2,000 shares of the firm's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $43.68, for a total transaction of $87,360.00. Following the completion of the sale, the director now owns 40,000 shares in the company, valued at $1,747,200. This represents a 4.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Diebold Nixdorf Price Performance
Shares of DBD traded up $0.21 during mid-day trading on Friday, reaching $42.94. The company had a trading volume of 40,988 shares, compared to its average volume of 117,201. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.32 and a quick ratio of 0.90. The company has a market capitalization of $1.61 billion, a P/E ratio of -97.91 and a beta of 1.89. Diebold Nixdorf, Incorporated has a twelve month low of $30.37 and a twelve month high of $51.81. The company's 50-day moving average is $43.67 and its 200-day moving average is $43.99.
Diebold Nixdorf (NYSE:DBD - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.25). Diebold Nixdorf had a positive return on equity of 14.28% and a negative net margin of 0.44%. On average, equities analysts anticipate that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.
Diebold Nixdorf announced that its board has approved a share buyback program on Wednesday, February 12th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the technology company to repurchase up to 5.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.
Institutional Investors Weigh In On Diebold Nixdorf
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Diebold Nixdorf by 3.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,386 shares of the technology company's stock worth $619,000 after purchasing an additional 477 shares during the last quarter. Rhumbline Advisers lifted its position in shares of Diebold Nixdorf by 1.6% during the fourth quarter. Rhumbline Advisers now owns 40,319 shares of the technology company's stock worth $1,735,000 after purchasing an additional 639 shares in the last quarter. Sterling Capital Management LLC grew its stake in shares of Diebold Nixdorf by 821.6% during the fourth quarter. Sterling Capital Management LLC now owns 811 shares of the technology company's stock valued at $35,000 after purchasing an additional 723 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Diebold Nixdorf by 6.3% in the fourth quarter. SG Americas Securities LLC now owns 12,595 shares of the technology company's stock valued at $542,000 after purchasing an additional 752 shares in the last quarter. Finally, MetLife Investment Management LLC raised its position in Diebold Nixdorf by 5.8% in the 4th quarter. MetLife Investment Management LLC now owns 15,629 shares of the technology company's stock worth $673,000 after purchasing an additional 856 shares during the last quarter. 97.04% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts have commented on the company. StockNews.com upgraded Diebold Nixdorf from a "hold" rating to a "buy" rating in a research report on Monday. DA Davidson lifted their price target on shares of Diebold Nixdorf from $65.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Finally, Wedbush restated an "outperform" rating and issued a $60.00 price objective on shares of Diebold Nixdorf in a research note on Thursday, February 13th.
View Our Latest Analysis on DBD
About Diebold Nixdorf
(
Get Free Report)
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.
Read More
Before you consider Diebold Nixdorf, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Diebold Nixdorf wasn't on the list.
While Diebold Nixdorf currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
