Diebold Nixdorf (NYSE:DBD – Get Free Report)‘s stock had its “neutral” rating reaffirmed by analysts at Wedbush in a research note issued to investors on Monday, Benzinga reports. They currently have a $25.00 target price on the technology company’s stock. Wedbush’s price target suggests a potential downside of 23.24% from the stock’s current price.
DBD has been the subject of several other research reports. StockNews.com cut Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Tuesday, February 6th. DA Davidson raised shares of Diebold Nixdorf from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $25.00 to $29.00 in a research note on Friday, November 10th.
Diebold Nixdorf Stock Up 5.3 %
Insider Buying and Selling
In other news, Director Arthur F. Anton purchased 5,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was bought at an average cost of $22.98 per share, for a total transaction of $114,900.00. Following the completion of the acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at $114,900. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.04% of the stock is owned by insiders.
Institutional Trading of Diebold Nixdorf
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swiss National Bank increased its holdings in shares of Diebold Nixdorf by 8.2% during the 1st quarter. Swiss National Bank now owns 176,059 shares of the technology company’s stock worth $1,185,000 after purchasing an additional 13,400 shares during the period. JPMorgan Chase & Co. raised its position in Diebold Nixdorf by 11.4% in the 1st quarter. JPMorgan Chase & Co. now owns 62,934 shares of the technology company’s stock valued at $423,000 after purchasing an additional 6,422 shares during the last quarter. Raymond James & Associates acquired a new position in Diebold Nixdorf during the 1st quarter worth about $103,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of Diebold Nixdorf by 25.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 44,100 shares of the technology company’s stock worth $297,000 after purchasing an additional 8,938 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its holdings in Diebold Nixdorf by 14.9% during the 1st quarter. MetLife Investment Management LLC now owns 28,775 shares of the technology company’s stock worth $194,000 after buying an additional 3,730 shares in the last quarter.
Diebold Nixdorf Company Profile
Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.
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