Qsemble Capital Management LP Takes Position in NCR Voyix Co. (NYSE:VYX)

Qsemble Capital Management LP acquired a new position in NCR Voyix Co. (NYSE:VYX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,119 shares of the company’s stock, valued at approximately $162,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its position in shares of NCR Voyix by 72.0% in the second quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock valued at $25,000 after buying an additional 840 shares during the last quarter. Mather Group LLC. purchased a new position in shares of NCR Voyix during the 2nd quarter worth approximately $41,000. Bessemer Group Inc. acquired a new position in NCR Voyix during the 1st quarter worth about $43,000. SYSTM Wealth Solutions LLC acquired a new position in NCR Voyix during the 1st quarter worth $46,000. Finally, Nisa Investment Advisors LLC increased its stake in shares of NCR Voyix by 61.4% during the second quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company’s stock worth $62,000 after buying an additional 1,903 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.

Insiders Place Their Bets

In other NCR Voyix news, insider James G. Kelly bought 14,800 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were bought at an average cost of $13.41 per share, for a total transaction of $198,468.00. Following the transaction, the insider now owns 46,900 shares in the company, valued at approximately $628,929. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other NCR Voyix news, insider James G. Kelly bought 14,800 shares of NCR Voyix stock in a transaction on Tuesday, August 27th. The shares were purchased at an average cost of $13.41 per share, for a total transaction of $198,468.00. Following the completion of the acquisition, the insider now owns 46,900 shares in the company, valued at approximately $628,929. The acquisition 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 that occurred on Tuesday, August 13th. The shares were bought 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 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 have acquired 46,492 shares of company stock valued at $577,993. 0.61% of the stock is currently owned by corporate insiders.

NCR Voyix Trading Up 7.2 %

Shares of NYSE:VYX opened at $13.15 on Friday. The stock has a market capitalization of $1.91 billion, a PE ratio of -3.91 and a beta of 1.63. The firm has a fifty day moving average price of $13.36 and a 200 day moving average price of $12.88. NCR Voyix Co. has a 1 year low of $10.87 and a 1 year high of $18.04. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 102.52.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). The company had revenue of $876.00 million for the quarter, compared to analyst estimates of $886.60 million. NCR Voyix had a negative net margin of 11.68% and a positive return on equity of 7.35%. The firm’s quarterly revenue was down 7.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.73 EPS. Analysts expect that NCR Voyix Co. will post -1.44 EPS for the current fiscal year.

Analyst Ratings Changes

VYX has been the subject of several analyst reports. Royal Bank of Canada reduced 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. Stifel Nicolaus assumed coverage on shares of NCR Voyix in a research note on Wednesday, June 12th. They set a “buy” rating and a $16.00 price target on the stock. 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 note on Friday, August 9th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a report on Wednesday, August 7th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.