Insider Buying: Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Acquires 4400 Shares of Stock – Defense World

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Posted by on May 13th, 2022
Diebold Nixdorf, Incorporated (NYSE:DBDGet Rating) EVP Jonathan Leiken purchased 4,400 shares of Diebold Nixdorf stock in a transaction dated Thursday, May 12th. The shares were bought at an average price of $2.40 per share, with a total value of $10,560.00. Following the completion of the acquisition, the executive vice president now directly owns 269,108 shares of the company’s stock, valued at $645,859.20. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
NYSE DBD opened at $3.08 on Friday. Diebold Nixdorf, Incorporated has a 1 year low of $2.20 and a 1 year high of $14.95. The stock’s fifty day moving average price is $5.78 and its 200 day moving average price is $7.90.
Diebold Nixdorf (NYSE:DBDGet Rating) last announced its earnings results on Tuesday, May 10th. The technology company reported ($1.61) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($1.39). The business had revenue of $829.80 million for the quarter, compared to analyst estimates of $914.75 million. Diebold Nixdorf had a negative return on equity of 7.51% and a negative net margin of 6.69%. The company’s quarterly revenue was down 12.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.29 earnings per share. On average, analysts expect that Diebold Nixdorf, Incorporated will post 1.7 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on DBD. Wedbush reiterated a “neutral” rating and issued a $10.00 target price on shares of Diebold Nixdorf in a research note on Thursday, May 5th. Zacks Investment Research downgraded shares of Diebold Nixdorf from a “hold” rating to a “sell” rating in a research report on Wednesday, April 13th. StockNews.com assumed coverage on shares of Diebold Nixdorf in a report on Thursday, March 31st. They set a “hold” rating on the stock. DA Davidson reduced their price objective on shares of Diebold Nixdorf from $15.00 to $7.00 in a research report on Wednesday, April 27th. Finally, JPMorgan Chase & Co. downgraded Diebold Nixdorf from an “overweight” rating to a “neutral” rating in a research report on Tuesday.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada grew its position in shares of Diebold Nixdorf by 161.4% in the second quarter. Royal Bank of Canada now owns 5,426 shares of the technology company’s stock valued at $69,000 after purchasing an additional 3,350 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Diebold Nixdorf by 32.2% in the second quarter. Wells Fargo & Company MN now owns 191,584 shares of the technology company’s stock valued at $2,459,000 after purchasing an additional 46,625 shares during the period. Morgan Stanley increased its position in Diebold Nixdorf by 101.6% during the second quarter. Morgan Stanley now owns 530,004 shares of the technology company’s stock worth $6,805,000 after purchasing an additional 267,166 shares during the last quarter. SG Americas Securities LLC acquired a new position in Diebold Nixdorf in the 3rd quarter valued at about $292,000. Finally, Advisor Group Holdings Inc. grew its stake in shares of Diebold Nixdorf by 18.2% in the 3rd quarter. Advisor Group Holdings Inc. now owns 63,332 shares of the technology company’s stock valued at $641,000 after buying an additional 9,753 shares during the period. Hedge funds and other institutional investors own 82.41% of the company’s stock.
Diebold Nixdorf Company Profile (Get Rating)
Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in Western Europe, Eastern Europe, Asia, the Middle East, Africa, the United States, Canada, Mexico, and Latin America. It operates through Eurasia Banking, Americas Banking, and Retail segments.
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