Creative Planning Buys Shares of 56,995 NCR Voyix Co. (NYSE:VYX)

Creative Planning bought a new position in shares of NCR Voyix Co. (NYSE:VYX - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 56,995 shares of the company's stock, valued at approximately $704,000.

A number of other large investors have also recently added to or reduced their stakes in VYX. Algert Global LLC bought a new stake in shares of NCR Voyix in the second quarter valued at approximately $170,000. Clearline Capital LP boosted its position in shares of NCR Voyix by 2.8% in the second quarter. Clearline Capital LP now owns 1,299,879 shares of the company's stock valued at $16,054,000 after acquiring an additional 36,000 shares during the period. Susquehanna Fundamental Investments LLC boosted its position in shares of NCR Voyix by 497.3% in the second quarter. Susquehanna Fundamental Investments LLC now owns 356,974 shares of the company's stock valued at $4,409,000 after acquiring an additional 297,206 shares during the period. Luxor Capital Group LP bought a new stake in shares of NCR Voyix in the second quarter valued at approximately $993,000. Finally, Mackenzie Financial Corp boosted its position in shares of NCR Voyix by 165.2% in the second quarter. Mackenzie Financial Corp now owns 206,550 shares of the company's stock valued at $2,551,000 after acquiring an additional 128,660 shares during the period. Institutional investors own 97.00% of the company's stock.

NCR Voyix Stock Up 1.6 %

NCR Voyix stock traded up $0.21 during mid-day trading on Friday, hitting $13.35. 1,368,661 shares of the company were exchanged, compared to its average volume of 2,210,732. The business has a fifty day moving average of $12.99 and a 200 day moving average of $13.01. NCR Voyix Co. has a 1-year low of $10.87 and a 1-year high of $17.39. The company has a market capitalization of $1.94 billion, a PE ratio of -3.97 and a beta of 1.63.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly earnings data 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 company had revenue of $876.00 million for the quarter, compared to analyst estimates of $886.60 million. During the same quarter in the prior year, the company earned $0.73 earnings per share. The business's revenue was down 7.4% compared to the same quarter last year. Research analysts expect that NCR Voyix Co. will post -1.44 earnings per share for the current year.

Insider Transactions at NCR Voyix

In other NCR Voyix news, CFO Brian J. Webb-Walsh bought 10,000 shares of the firm's stock in a transaction dated Thursday, August 8th. The shares were bought at an average price of $11.51 per share, for a total transaction of $115,100.00. Following the completion of the acquisition, the chief financial officer now owns 142,288 shares of the company's stock, valued at approximately $1,637,734.88. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, EVP Eric Schoch purchased 21,692 shares of the firm's stock in a transaction that occurred 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 approximately $1,239,369.49. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Brian J. Webb-Walsh purchased 10,000 shares of the firm's stock in a transaction that occurred on Thursday, August 8th. The stock was purchased at an average price of $11.51 per share, for a total transaction of $115,100.00. Following the acquisition, the chief financial officer now owns 142,288 shares of the company's stock, valued at $1,637,734.88. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 46,492 shares of company stock worth $577,993. Insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on VYX. DA Davidson reduced their price objective on NCR Voyix from $20.00 to $16.00 and set a "buy" rating for the company in a research report on Friday, August 9th. Royal Bank of Canada cut their target price on NCR Voyix from $19.00 to $16.00 and set an "outperform" rating for the company in a research note on Wednesday, August 7th. Finally, Needham & Company LLC restated a "buy" rating and issued a $20.00 target price on shares of NCR Voyix in a research note on Wednesday, August 7th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently 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.