Inspire Investing LLC Boosts Stake in NCR Voyix Co. (NYSE:VYX)

Inspire Investing LLC raised its position in NCR Voyix Co. (NYSE:VYX) by 5.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,205 shares of the company’s stock after purchasing an additional 1,606 shares during the quarter. Inspire Investing LLC’s holdings in NCR Voyix were worth $410,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. acquired a new position in shares of NCR Voyix during the 1st quarter valued at $216,302,000. Shapiro Capital Management LLC purchased a new stake in shares of NCR Voyix in the second quarter worth about $75,914,000. LSV Asset Management acquired a new stake in shares of NCR Voyix in the first quarter valued at about $39,433,000. Senator Investment Group LP purchased a new stake in shares of NCR Voyix during the 1st quarter valued at about $37,890,000. Finally, Clearbridge Investments LLC acquired a new position in NCR Voyix during the 1st quarter worth approximately $33,477,000. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Brian J. Webb-Walsh acquired 10,000 shares of NCR Voyix stock in a transaction that occurred on Thursday, August 8th. The shares were purchased at an average cost of $11.51 per share, for a total transaction of $115,100.00. Following the completion of the purchase, the chief financial officer now directly owns 142,288 shares of the company’s stock, valued at $1,637,734.88. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other NCR Voyix news, CFO Brian J. Webb-Walsh acquired 10,000 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was acquired 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 approximately $1,637,734.88. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, 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 acquired at an average price of $12.19 per share, for a total transaction of $264,425.48. Following the purchase, the executive vice president now owns 101,671 shares of the company’s stock, valued at $1,239,369.49. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 46,492 shares of company stock worth $577,993. 0.61% of the stock is currently owned by insiders.

NCR Voyix Price Performance

Shares of VYX stock opened at $13.11 on Friday. The firm has a market cap of $1.90 billion, a P/E ratio of -3.93 and a beta of 1.63. The firm has a fifty day moving average of $13.12 and a two-hundred day moving average of $13.02. NCR Voyix Co. has a 1-year low of $10.87 and a 1-year high of $17.39.

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

Wall Street Analyst Weigh In

VYX has been the subject of several recent research reports. Royal Bank of Canada lowered their price objective on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price target on shares of NCR Voyix in a report on Monday, October 14th. DA Davidson decreased their price objective on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Finally, The Goldman Sachs Group started coverage on NCR Voyix in a research note on Monday, October 14th. They set a “neutral” rating and a $14.00 target price for the company. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $16.43.

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.