Commonwealth Equity Services LLC Decreases Position in NCR Voyix Co. (NYSE:VYX)

Commonwealth Equity Services LLC decreased its holdings in shares of NCR Voyix Co. (NYSE:VYX) by 9.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,289 shares of the company’s stock after selling 2,990 shares during the quarter. Commonwealth Equity Services LLC’s holdings in NCR Voyix were worth $362,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Maryland State Retirement & Pension System purchased a new stake in NCR Voyix in the 2nd quarter valued at about $593,000. Hantz Financial Services Inc. purchased a new position in NCR Voyix in the second quarter valued at $170,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in NCR Voyix during the second quarter worth approximately $320,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in NCR Voyix by 12.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 32,828 shares of the company’s stock valued at $405,000 after acquiring an additional 3,758 shares during the last quarter. Finally, Bfsg LLC boosted its position in shares of NCR Voyix by 1,438.5% in the 2nd quarter. Bfsg LLC now owns 14,000 shares of the company’s stock valued at $173,000 after purchasing an additional 13,090 shares during the period. Hedge funds and other institutional investors own 97.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on VYX. Needham & Company LLC restated a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a research report on Wednesday, August 7th. 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 report on Friday, August 9th. Royal Bank of Canada lowered their target price 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, Stifel Nicolaus initiated coverage on NCR Voyix in a research note on Wednesday, June 12th. They set a “buy” rating and a $16.00 price target for the company. One investment 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 company presently has an average rating of “Moderate Buy” and an average target price of $16.43.

Insider Buying and Selling

In related news, insider James G. Kelly acquired 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, with a total value of $198,468.00. Following the completion of the transaction, the insider now directly owns 46,900 shares of the company’s stock, valued at approximately $628,929. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Eric Schoch purchased 21,692 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of $12.19 per share, for a total transaction of $264,425.48. Following the completion of the purchase, the executive vice president now owns 101,671 shares in the company, valued at $1,239,369.49. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider James G. Kelly acquired 14,800 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were purchased at an average price of $13.41 per share, for a total transaction of $198,468.00. Following the purchase, the insider now directly owns 46,900 shares of the company’s stock, valued at $628,929. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 46,492 shares of company stock valued at $577,993. 0.61% of the stock is currently owned by corporate insiders.

NCR Voyix Stock Performance

Shares of NYSE VYX opened at $13.73 on Monday. The company has a 50-day simple moving average of $13.32 and a 200-day simple moving average of $12.92. The company has a debt-to-equity ratio of 102.52, a current ratio of 0.85 and a quick ratio of 0.67. The company has a market cap of $1.99 billion, a PE ratio of -4.09 and a beta of 1.63. NCR Voyix Co. has a 12 month low of $10.87 and a 12 month high of $18.04.

NCR Voyix (NYSE:VYX) last posted 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 company’s revenue was down 7.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.73 EPS. On average, equities analysts anticipate that NCR Voyix Co. will post -1.44 earnings per share for the current 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.