Creative Planning Makes New $704,000 Investment in NCR Voyix Co. (NYSE:VYX)

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

A number of other hedge funds and other institutional investors have also modified their holdings of VYX. Yousif Capital Management LLC acquired a new position in NCR Voyix during the 1st quarter valued at about $761,000. Crescent Grove Advisors LLC bought a new position in NCR Voyix in the first quarter valued at approximately $37,539,000. Principal Financial Group Inc. acquired a new stake in NCR Voyix during the 1st quarter worth $8,739,000. Allspring Global Investments Holdings LLC bought a new stake in shares of NCR Voyix during the 1st quarter valued at $514,000. Finally, Retirement Systems of Alabama acquired a new position in shares of NCR Voyix in the 1st quarter valued at $6,482,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

Insider Buying and Selling

In related news, CFO Brian J. Webb-Walsh bought 10,000 shares of NCR Voyix stock in a transaction that occurred on Thursday, August 8th. The stock was purchased at an average cost of $11.51 per share, with a total value of $115,100.00. Following the purchase, the chief financial officer now owns 142,288 shares in the company, valued at approximately $1,637,734.88. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Brian J. Webb-Walsh purchased 10,000 shares of NCR Voyix stock in a transaction on Thursday, August 8th. The stock was purchased at an average price of $11.51 per share, with a total value of $115,100.00. Following the transaction, the chief financial officer now directly owns 142,288 shares in the company, valued at $1,637,734.88. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider James G. Kelly purchased 14,800 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were acquired at an average cost of $13.41 per share, with a total value of $198,468.00. Following the completion of the purchase, the insider now directly owns 46,900 shares in the company, valued at approximately $628,929. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased a total of 46,492 shares of company stock worth $577,993 over the last ninety days. Company insiders own 0.61% of the company’s stock.

NCR Voyix Price Performance

Shares of NCR Voyix stock opened at $13.35 on Friday. The company has a market capitalization of $1.94 billion, a P/E ratio of -3.97 and a beta of 1.63. The business has a 50-day moving average of $12.99 and a two-hundred day moving average of $13.00. NCR Voyix Co. has a 1 year low of $10.87 and a 1 year high of $17.39.

NCR Voyix (NYSE:VYX) last posted its earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $876.00 million for the quarter, compared to the consensus estimate of $886.60 million. During the same period in the previous year, the company posted $0.73 earnings per share. NCR Voyix’s revenue for the quarter was down 7.4% compared to the same quarter last year. On average, equities analysts anticipate that NCR Voyix Co. will post -1.44 EPS for the current fiscal year.

Analyst Ratings Changes

VYX has been the subject of a number of analyst reports. Royal Bank of Canada decreased their price objective 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. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a research note on Wednesday, August 7th. Finally, DA Davidson cut their price target on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average 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.