Diebold Nixdorf (NYSE:DBD) Trading 8.6% Higher

Diebold Nixdorf, Incorporated (NYSE:DBD)’s share price was up 8.6% during trading on Thursday . The stock traded as high as $33.85 and last traded at $33.85. Approximately 17,969 shares changed hands during trading, a decline of 86% from the average daily volume of 131,546 shares. The stock had previously closed at $31.16.

Analyst Ratings Changes

A number of brokerages recently weighed in on DBD. StockNews.com cut Diebold Nixdorf from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. Wedbush restated a “neutral” rating and issued a $40.00 price objective on shares of Diebold Nixdorf in a report on Thursday, April 25th.

Diebold Nixdorf Trading Up 11.1 %

The company has a fifty day moving average price of $33.54 and a 200 day moving average price of $28.98. The company has a quick ratio of 1.10, a current ratio of 1.52 and a debt-to-equity ratio of 1.16.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Wednesday, February 14th. The technology company reported $3.02 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $1.63. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. On average, analysts predict that Diebold Nixdorf, Incorporated will post 3.94 earnings per share for the current year.

Insider Buying and Selling at Diebold Nixdorf

In other Diebold Nixdorf news, Director Marjorie L. Bowen bought 2,290 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were bought at an average cost of $33.98 per share, with a total value of $77,814.20. Following the completion of the purchase, the director now directly owns 42,290 shares of the company’s stock, valued at $1,437,014.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Octavio Marquez acquired 1,000 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was acquired at an average cost of $34.27 per share, for a total transaction of $34,270.00. Following the acquisition, the chief executive officer now owns 133,661 shares of the company’s stock, valued at $4,580,562.47. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Marjorie L. Bowen bought 2,290 shares of the company’s stock in a transaction dated Tuesday, February 20th. The stock was bought at an average cost of $33.98 per share, with a total value of $77,814.20. Following the completion of the transaction, the director now owns 42,290 shares in the company, valued at approximately $1,437,014.20. The disclosure for this purchase can be found here. Insiders sold 458,315 shares of company stock valued at $15,559,766 in the last quarter. Company insiders own 0.04% of the company’s stock.

Hedge Funds Weigh In On Diebold Nixdorf

Institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC purchased a new stake in Diebold Nixdorf in the fourth quarter worth $46,000. Public Employees Retirement System of Ohio bought a new position in shares of Diebold Nixdorf in the 3rd quarter worth about $79,000. Citigroup Inc. bought a new position in shares of Diebold Nixdorf in the 3rd quarter worth about $135,000. Cannon Global Investment Management LLC purchased a new position in Diebold Nixdorf during the 1st quarter valued at about $276,000. Finally, Wolverine Asset Management LLC bought a new stake in Diebold Nixdorf during the third quarter worth about $519,000. 97.04% of the stock is owned by institutional investors.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.