Diebold Nixdorf (NYSE:DBD) Major Shareholder Sells $7,330,838.66 in Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 88,334 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $82.99, for a total transaction of $7,330,838.66. Following the completion of the sale, the insider directly owned 4,616,104 shares in the company, valued at approximately $383,090,470.96. The trade was a 1.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Millstreet Capital Management also recently made the following trade(s):

• On Thursday, April 16th, Millstreet Capital Management sold 60,833 shares of Diebold Nixdorf stock. The shares were sold at an average price of $84.77, for a total transaction of $5,156,813.41.
• On Wednesday, April 15th, Millstreet Capital Management sold 51,472 shares of Diebold Nixdorf stock. The shares were sold at an average price of $85.43, for a total transaction of $4,397,252.96.
• On Wednesday, April 8th, Millstreet Capital Management sold 399,929 shares of Diebold Nixdorf stock. The shares were sold at an average price of $82.42, for a total transaction of $32,962,148.18.

Diebold Nixdorf Price Performance

DBD traded down $0.47 on Wednesday, reaching $81.13. The company had a trading volume of 251,709 shares, compared to its average volume of 367,664. The business has a 50 day simple moving average of $79.44 and a 200 day simple moving average of $74.07. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 27.50 and a beta of 1.13. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.89 and a current ratio of 1.28. Diebold Nixdorf, Incorporated has a 52-week low of $50.27 and a 52-week high of $89.05.

Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Thursday, April 30th. The technology company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.01). The company had revenue of $888.20 million during the quarter, compared to analysts’ expectations of $846.23 million. Diebold Nixdorf had a net margin of 2.80% and a return on equity of 18.82%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. As a group, sell-side analysts anticipate that Diebold Nixdorf, Incorporated will post 5.5 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in DBD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Diebold Nixdorf by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,017 shares of the technology company’s stock worth $657,000 after acquiring an additional 631 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Diebold Nixdorf by 325.9% in the first quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock worth $50,000 after purchasing an additional 880 shares during the last quarter. Legal & General Group Plc increased its stake in shares of Diebold Nixdorf by 42.2% in the second quarter. Legal & General Group Plc now owns 18,633 shares of the technology company’s stock worth $1,032,000 after buying an additional 5,534 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Diebold Nixdorf in the second quarter worth $3,993,000. Finally, Invesco Ltd. increased its stake in shares of Diebold Nixdorf by 308.8% in the second quarter. Invesco Ltd. now owns 73,503 shares of the technology company’s stock worth $4,072,000 after buying an additional 55,525 shares during the period. 97.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DBD. Weiss Ratings raised shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research note on Tuesday, February 17th. Wedbush set a $100.00 target price on shares of Diebold Nixdorf in a research note on Friday, February 13th. Finally, DA Davidson reissued a “buy” rating and set a $100.00 price target on shares of Diebold Nixdorf in a research note on Monday, May 4th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $100.00.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.