Axa S.A. Buys New Holdings in NCR Voyix Co. (NYSE:VYX)

Axa S.A. purchased a new position in NCR Voyix Co. (NYSE:VYX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 216,309 shares of the company’s stock, valued at approximately $2,671,000. Axa S.A. owned about 0.15% of NCR Voyix as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. New York State Teachers Retirement System acquired a new position in shares of NCR Voyix in the 1st quarter valued at $2,196,000. SYSTM Wealth Solutions LLC acquired a new position in NCR Voyix during the first quarter worth approximately $46,000. Yousif Capital Management LLC acquired a new position in NCR Voyix during the first quarter worth approximately $761,000. Crescent Grove Advisors LLC acquired a new position in shares of NCR Voyix in the 1st quarter valued at $37,539,000. Finally, Principal Financial Group Inc. acquired a new position in NCR Voyix in the first quarter valued at $8,739,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

Insider Activity

In related news, insider James G. Kelly purchased 14,800 shares of the firm’s stock in a transaction on Tuesday, August 27th. The shares were bought at an average price of $13.41 per share, for a total transaction of $198,468.00. Following the acquisition, the insider now directly owns 46,900 shares in the company, valued at $628,929. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider James G. Kelly bought 14,800 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was acquired at an average price of $13.41 per share, for a total transaction of $198,468.00. Following the acquisition, the insider now owns 46,900 shares of the company’s stock, valued at $628,929. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Eric Schoch acquired 21,692 shares of the company’s stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average cost of $12.19 per share, with a total value of $264,425.48. Following the transaction, the executive vice president now directly owns 101,671 shares of the company’s stock, valued at $1,239,369.49. The disclosure for this purchase can be found here. Insiders purchased a total of 46,492 shares of company stock valued at $577,993 in the last 90 days. 0.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on VYX shares. DA Davidson lowered their target price on NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Stifel Nicolaus initiated coverage on shares of NCR Voyix in a report on Wednesday, June 12th. They set a “buy” rating and a $16.00 price target for the company. Royal Bank of Canada lowered their price objective on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Finally, Needham & Company LLC restated a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a research note on Wednesday, August 7th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, NCR Voyix has a consensus rating of “Moderate Buy” and a consensus target price of $16.43.

NCR Voyix Price Performance

Shares of NYSE:VYX opened at $13.57 on Tuesday. The company has a debt-to-equity ratio of 102.52, a quick ratio of 0.67 and a current ratio of 0.85. The business’s fifty day moving average price is $13.16 and its two-hundred day moving average price is $12.96. The stock has a market cap of $1.97 billion, a PE ratio of -4.04 and a beta of 1.63. NCR Voyix Co. has a one year low of $10.87 and a one year high of $18.04.

NCR Voyix (NYSE:VYX) last announced 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). The firm had revenue of $876.00 million for the quarter, compared to analysts’ expectations of $886.60 million. NCR Voyix had a negative net margin of 11.68% and a positive return on equity of 7.35%. The business’s quarterly revenue was down 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 EPS. On average, analysts forecast that NCR Voyix Co. will post -1.44 EPS for the current fiscal year.

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.