6,146,885 Shares in NCR Voyix Co. (NYSE:VYX) Purchased by Shapiro Capital Management LLC

Shapiro Capital Management LLC purchased a new position in shares of NCR Voyix Co. (NYSE:VYX - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,146,885 shares of the company's stock, valued at approximately $75,914,000. NCR Voyix accounts for approximately 2.3% of Shapiro Capital Management LLC's holdings, making the stock its 22nd largest holding. Shapiro Capital Management LLC owned 4.24% of NCR Voyix as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Engine Capital Management LP acquired a new stake in shares of NCR Voyix in the 2nd quarter worth $972,000. AREX Capital Management LP lifted its position in NCR Voyix by 16.9% in the second quarter. AREX Capital Management LP now owns 515,000 shares of the company's stock valued at $6,360,000 after purchasing an additional 74,600 shares during the period. Magnetar Financial LLC purchased a new stake in NCR Voyix in the 2nd quarter valued at approximately $274,000. Public Sector Pension Investment Board increased its position in NCR Voyix by 10.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 304,786 shares of the company's stock worth $3,764,000 after purchasing an additional 29,836 shares during the period. Finally, Ensign Peak Advisors Inc increased its position in NCR Voyix by 4.6% during the 2nd quarter. Ensign Peak Advisors Inc now owns 52,783 shares of the company's stock worth $652,000 after purchasing an additional 2,300 shares during the period. Hedge funds and other institutional investors own 97.00% of the company's stock.

Insider Transactions at NCR Voyix

In other news, insider James G. Kelly purchased 14,800 shares of the company's stock in a transaction that occurred on Tuesday, August 27th. The shares were purchased at an average price of $13.41 per share, with a total value of $198,468.00. Following the purchase, the insider now directly owns 46,900 shares of the company's stock, valued at approximately $628,929. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other NCR Voyix news, insider James G. Kelly purchased 14,800 shares of NCR Voyix stock in a transaction that occurred on Tuesday, August 27th. The stock was purchased at an average price of $13.41 per share, with a total value of $198,468.00. Following the completion of the acquisition, the insider now owns 46,900 shares of the company's stock, valued at approximately $628,929. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Eric Schoch acquired 21,692 shares of the company's stock in a transaction on Tuesday, August 13th. The shares were acquired at an average price of $12.19 per share, for a total transaction of $264,425.48. Following the completion of the acquisition, the executive vice president now directly owns 101,671 shares in the company, valued at $1,239,369.49. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 46,492 shares of company stock valued at $577,993. Corporate insiders own 0.61% of the company's stock.

NCR Voyix Stock Up 0.4 %

NYSE:VYX traded up $0.05 during mid-day trading on Tuesday, hitting $13.65. The company had a trading volume of 1,085,410 shares, compared to its average volume of 2,283,719. NCR Voyix Co. has a 1 year low of $10.87 and a 1 year high of $18.04. The business has a fifty day simple moving average of $13.28 and a 200-day simple moving average of $12.94. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 102.52. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of -4.06 and a beta of 1.63.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.07). NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The company had revenue of $876.00 million for the quarter, compared to analyst estimates of $886.60 million. During the same period last year, the firm posted $0.73 earnings per share. The business's revenue was down 7.4% on a year-over-year basis. Equities analysts forecast that NCR Voyix Co. will post -1.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on VYX. Needham & Company LLC reissued a "buy" rating and issued a $20.00 target price on shares of NCR Voyix in a report on Wednesday, August 7th. Royal Bank of Canada reduced their price objective on shares of NCR Voyix from $19.00 to $16.00 and set an "outperform" rating for the company in a research note on Wednesday, August 7th. DA Davidson decreased their price objective on shares of NCR Voyix from $20.00 to $16.00 and set a "buy" rating on the stock in a report on Friday, August 9th. Finally, Stifel Nicolaus began coverage on shares of NCR Voyix in a report on Wednesday, June 12th. They issued a "buy" rating and a $16.00 target price for the company. One analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $16.43.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.