Creative Planning Lowers Stock Position in NCR Voyix Co. (NYSE:VYX)

Creative Planning lessened its stake in NCR Voyix Co. (NYSE:VYX) by 17.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,947 shares of the company’s stock after selling 10,048 shares during the period. Creative Planning’s holdings in NCR Voyix were worth $637,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC bought a new position in NCR Voyix during the first quarter valued at approximately $514,000. Mutual of America Capital Management LLC purchased a new position in NCR Voyix in the 1st quarter worth $292,000. Easterly Investment Partners LLC bought a new stake in NCR Voyix in the first quarter worth $631,000. Texas Permanent School Fund Corp purchased a new stake in NCR Voyix during the first quarter valued at about $1,458,000. Finally, Duality Advisers LP bought a new position in shares of NCR Voyix during the first quarter valued at about $759,000. Institutional investors own 97.00% of the company’s stock.

Insiders Place Their Bets

In other NCR Voyix news, insider James G. Kelly acquired 14,800 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The shares were acquired at an average price of $13.41 per share, with a total value of $198,468.00. Following the completion of the purchase, the insider now directly owns 46,900 shares of the company’s stock, valued at approximately $628,929. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, EVP Eric Schoch acquired 21,692 shares of NCR Voyix stock in a transaction on Tuesday, August 13th. The stock was acquired at an average cost 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 in the company, valued at $1,239,369.49. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider James G. Kelly bought 14,800 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was purchased at an average price of $13.41 per share, for a total transaction of $198,468.00. Following the purchase, the insider now owns 46,900 shares of the company’s stock, valued at approximately $628,929. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over 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 Upgrades and Downgrades

Several brokerages recently weighed in on VYX. Royal Bank of Canada dropped their target price on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. DA Davidson cut their target price on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, August 9th. The Goldman Sachs Group began coverage on shares of NCR Voyix in a report on Monday, October 14th. They set a “neutral” rating and a $14.00 price target for the company. Finally, Needham & Company LLC reissued a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a report on Monday, October 14th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $16.43.

NCR Voyix Trading Up 2.3 %

Shares of VYX opened at $13.07 on Tuesday. NCR Voyix Co. has a 1-year low of $10.87 and a 1-year high of $17.39. The firm’s 50-day moving average price is $13.21 and its 200-day moving average price is $13.09. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of -3.23 and a beta of 1.64.

NCR Voyix (NYSE:VYX) last posted its earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The firm had revenue of $876.00 million for the quarter, compared to analysts’ expectations of $886.60 million. During the same quarter last year, the company posted $0.73 EPS. The firm’s revenue was down 7.4% on a year-over-year basis. On average, research analysts forecast that NCR Voyix Co. will post -1.52 EPS for the current fiscal year.

NCR Voyix 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.