Axa S.A. Purchases Shares of 216,309 NCR Voyix Co. (NYSE:VYX)

AXA S.A. bought 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 Form 13F filing with the Securities and Exchange Commission. The firm bought 216,309 shares of the company's stock, valued at approximately $2,671,000. AXA S.A. owned approximately 0.15% of NCR Voyix as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Aristeia Capital L.L.C. purchased a new position in shares of NCR Voyix in the 2nd quarter worth about $263,000. Shapiro Capital Management LLC purchased a new position in NCR Voyix in the second quarter valued at about $75,914,000. Engine Capital Management LP purchased a new position in NCR Voyix in the second quarter valued at about $972,000. AREX Capital Management LP grew its position in shares of NCR Voyix by 16.9% during the 2nd quarter. AREX Capital Management LP now owns 515,000 shares of the company's stock valued at $6,360,000 after acquiring an additional 74,600 shares during the period. Finally, Magnetar Financial LLC purchased a new stake in shares of NCR Voyix during the 2nd quarter worth approximately $274,000. Hedge funds and other institutional investors own 97.00% of the company's stock.

Insider Activity at NCR Voyix

In other NCR Voyix news, EVP Eric Schoch purchased 21,692 shares of the stock in a transaction on Tuesday, August 13th. The shares were purchased at an average price of $12.19 per share, with a total value of $264,425.48. Following the acquisition, the executive vice president now directly owns 101,671 shares in the company, valued at approximately $1,239,369.49. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CFO Brian J. Webb-Walsh bought 10,000 shares of the business's stock in a transaction that occurred on Thursday, August 8th. The stock was bought at an average cost of $11.51 per share, for a total transaction of $115,100.00. Following the completion of the transaction, the chief financial officer now owns 142,288 shares of the company's stock, valued at $1,637,734.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Eric Schoch bought 21,692 shares of NCR Voyix stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average cost of $12.19 per share, for a total transaction of $264,425.48. Following the purchase, the executive vice president now owns 101,671 shares of the company's stock, valued at $1,239,369.49. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 46,492 shares of company stock valued at $577,993. Company insiders own 0.61% of the company's stock.

NCR Voyix Price Performance

Shares of VYX traded down $0.23 during midday trading on Tuesday, hitting $13.34. 937,674 shares of the company traded hands, compared to its average volume of 2,260,738. NCR Voyix Co. has a one year low of $10.87 and a one year high of $18.04. The firm has a market cap of $1.93 billion, a P/E ratio of -3.97 and a beta of 1.63. The company has a debt-to-equity ratio of 102.52, a current ratio of 0.85 and a quick ratio of 0.67. The stock has a 50-day moving average of $13.16 and a 200-day moving average of $12.96.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share (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 firm had revenue of $876.00 million during the quarter, compared to analysts' expectations of $886.60 million. During the same quarter in the prior year, the company earned $0.73 earnings per share. The business's revenue for the quarter was down 7.4% compared to the same quarter last year. As a group, sell-side analysts predict that NCR Voyix Co. will post -1.44 EPS for the current fiscal year.

Analysts Set New Price Targets

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

About NCR Voyix

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.