Diebold Nixdorf (NYSE:DBD) Major Shareholder Millstreet Capital Management Sells 228,723 Shares

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 228,723 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $83.95, for a total value of $19,201,295.85. Following the transaction, the insider owned 4,207,173 shares of the company’s stock, valued at approximately $353,192,173.35. The trade was a 5.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Thursday, June 25th, Millstreet Capital Management sold 2,741 shares of Diebold Nixdorf stock. The stock was sold at an average price of $85.06, for a total value of $233,149.46.
• On Monday, June 8th, Millstreet Capital Management sold 88,334 shares of Diebold Nixdorf stock. The shares were sold at an average price of $82.99, for a total value of $7,330,838.66.
• 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 value 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 value of $4,397,252.96.
• On Wednesday, April 8th, Millstreet Capital Management sold 399,929 shares of Diebold Nixdorf stock. The stock was sold at an average price of $82.42, for a total value of $32,962,148.18.

Diebold Nixdorf Stock Up 0.4%

Shares of DBD opened at $84.92 on Friday. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 28.79 and a beta of 1.13. Diebold Nixdorf, Incorporated has a 1 year low of $53.93 and a 1 year high of $89.05. The business’s 50 day simple moving average is $80.13 and its 200-day simple moving average is $75.69. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.28 and a quick ratio of 0.89.

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

Hedge Funds Weigh In On Diebold Nixdorf

A number of large investors have recently bought and sold shares of DBD. ProShare Advisors LLC increased its position in shares of Diebold Nixdorf by 4.1% during the fourth quarter. ProShare Advisors LLC now owns 4,521 shares of the technology company’s stock worth $307,000 after acquiring an additional 178 shares during the period. Chicago Partners Investment Group LLC raised its stake in shares of Diebold Nixdorf by 5.8% during the first quarter. Chicago Partners Investment Group LLC now owns 4,112 shares of the technology company’s stock valued at $310,000 after acquiring an additional 224 shares in the last quarter. CWM LLC boosted its holdings in shares of Diebold Nixdorf by 15.6% in the fourth quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after purchasing an additional 232 shares during the period. Lazard Asset Management LLC boosted its holdings in shares of Diebold Nixdorf by 1.0% in the second quarter. Lazard Asset Management LLC now owns 31,421 shares of the technology company’s stock valued at $1,740,000 after purchasing an additional 322 shares during the period. Finally, Alliancebernstein L.P. grew its stake in Diebold Nixdorf by 1.3% in the third quarter. Alliancebernstein L.P. now owns 28,634 shares of the technology company’s stock worth $1,633,000 after purchasing an additional 355 shares in the last quarter. Hedge funds and other institutional investors own 97.04% of the company’s stock.

Wall Street Analyst Weigh In

Separately, DA Davidson restated a “buy” rating and issued a $100.00 target price on shares of Diebold Nixdorf in a report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $100.00.

About Diebold Nixdorf

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.