NCR Voyix Co. (NYSE:VYX) Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in NCR Voyix Co. (NYSE:VYX) by 20.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 784,224 shares of the company’s stock after purchasing an additional 135,195 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.54% of NCR Voyix worth $9,685,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of VYX. Blue Trust Inc. boosted its holdings in 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 purchasing an additional 840 shares during the period. Mather Group LLC. purchased a new stake in NCR Voyix during the 2nd quarter valued at approximately $41,000. Bessemer Group Inc. acquired a new stake in shares of NCR Voyix during the first quarter worth $43,000. SYSTM Wealth Solutions LLC purchased a new stake in shares of NCR Voyix in the first quarter valued at about $46,000. Finally, Nisa Investment Advisors LLC boosted its holdings in NCR Voyix by 61.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company’s stock valued at $62,000 after purchasing an additional 1,903 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Trading Down 1.7 %

NCR Voyix stock opened at $13.34 on Wednesday. The stock has a market capitalization of $1.93 billion, a PE ratio of -3.97 and a beta of 1.63. The company has a debt-to-equity ratio of 102.52, a current ratio of 0.85 and a quick ratio of 0.67. NCR Voyix Co. has a 12-month low of $10.87 and a 12-month high of $18.04. The firm has a 50 day simple moving average of $13.16 and a 200-day simple moving average of $12.96.

NCR Voyix (NYSE:VYX) last issued 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). The company had revenue of $876.00 million during the quarter, compared to analyst estimates of $886.60 million. NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The business’s revenue was down 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.73 earnings per share. As a group, equities research analysts expect that NCR Voyix Co. will post -1.44 EPS for the current fiscal year.

Insider Activity at NCR Voyix

In other NCR Voyix news, CFO Brian J. Webb-Walsh purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The shares were purchased at an average cost of $11.51 per share, with a total value of $115,100.00. Following the completion of the transaction, the chief financial officer now owns 142,288 shares of the company’s stock, valued at $1,637,734.88. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Brian J. Webb-Walsh acquired 10,000 shares of the stock in a transaction that occurred on Thursday, August 8th. The shares were purchased at an average cost of $11.51 per share, with a total value of $115,100.00. Following the completion of the transaction, the chief financial officer now owns 142,288 shares of the company’s stock, valued at approximately $1,637,734.88. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Eric Schoch bought 21,692 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was bought at an average price of $12.19 per share, with a total value of $264,425.48. Following the transaction, the executive vice president now owns 101,671 shares in the company, valued at $1,239,369.49. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 46,492 shares of company stock worth $577,993. 0.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on VYX shares. Royal Bank of Canada dropped 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. DA Davidson decreased their price objective on NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Stifel Nicolaus began coverage on shares of NCR Voyix in a report on Wednesday, June 12th. They issued a “buy” rating and a $16.00 target price for the company. Finally, Needham & Company LLC restated a “buy” rating and set a $20.00 price target on shares of NCR Voyix in a research note on Wednesday, August 7th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently 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.