Nayax (NASDAQ:NYAX) Insider David Ben-Avi Buys 1,554 Shares of Company Stock

Nayax Ltd. (NASDAQ:NYAX) insider David Ben-Avi purchased 1,554 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was purchased at an average cost of $43.18 per share, with a total value of $67,101.72. Following the purchase, the insider owned 6,591,702 shares in the company, valued at $284,629,692.36. This represents a 0.02% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

David Ben-Avi also recently made the following trade(s):

• On Thursday, September 24th, David Ben-Avi acquired 100 shares of Nayax stock. The shares were bought at an average cost of $42.09 per share, for a total transaction of $4,209.00.
• On Wednesday, September 23rd, David Ben-Avi bought 700 shares of Nayax stock. The stock was purchased at an average price of $43.07 per share, for a total transaction of $30,149.00.
• On Thursday, September 17th, David Ben-Avi purchased 1,014 shares of Nayax stock. The shares were acquired at an average price of $42.91 per share, with a total value of $43,510.74.

Nayax Stock Performance

NYAX opened at $44.75 on Friday. The stock has a market cap of $1.64 billion, a PE ratio of 213.10 and a beta of 0.43. The company has a current ratio of 2.12, a quick ratio of 2.03 and a debt-to-equity ratio of 1.43. The stock’s 50 day simple moving average is $55.17 and its 200-day simple moving average is $61.24. Nayax Ltd. has a 1 year low of $39.17 and a 1 year high of $76.86.

Nayax (NASDAQ:NYAX) last announced its earnings results on Tuesday, August 11th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. Nayax had a return on equity of 10.45% and a net margin of 1.74%.The company had revenue of $122.59 million during the quarter, compared to analyst estimates of $116.75 million. Sell-side analysts forecast that Nayax Ltd. will post 0.75 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Tidal Investments LLC purchased a new stake in shares of Nayax in the second quarter worth $650,000. Public Employees Retirement System of Ohio purchased a new position in Nayax during the second quarter worth about $239,000. Bank of America Corp DE increased its stake in Nayax by 1,607.2% in the 1st quarter. Bank of America Corp DE now owns 9,270 shares of the company’s stock worth $519,000 after acquiring an additional 8,727 shares during the last quarter. Altshuler Shaham Ltd boosted its position in shares of Nayax by 5.0% during the 1st quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company’s stock valued at $2,026,000 after acquiring an additional 1,731 shares during the last quarter. Finally, Y.D. More Investments Ltd increased its position in shares of Nayax by 3.1% in the first quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company’s stock worth $48,387,000 after purchasing an additional 25,694 shares during the last quarter. 34.87% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NYAX. Weiss Ratings cut shares of Nayax from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. Barclays lowered their price objective on shares of Nayax from $75.00 to $68.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 11th. Zacks Research upgraded Nayax from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 1st. Keefe, Bruyette & Woods upgraded shares of Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 price objective for the company in a report on Friday, August 14th. Finally, UBS Group reissued a “neutral” rating and issued a $70.00 price target on shares of Nayax in a research report on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $75.76.

More Nayax News

Here are the key news stories impacting Nayax this week:

• Positive Sentiment: CEO Yair Nechmad purchased 104,511 shares at an average price of $44.09, investing approximately $4.61 million and increasing his direct ownership by 1.43%. The purchase is a notable signal of management confidence in Nayax’s long-term prospects. CEO insider purchase filing
• Positive Sentiment: Director David Ben-Avi made four additional purchases between September 17 and September 24, acquiring a combined 3,368 shares for roughly $145,000. Although small relative to his existing stake, the repeated buying adds to the overall insider-confidence signal. Nayax insider buying report
• Positive Sentiment: Nayax’s latest quarterly results exceeded expectations, with earnings per share of $0.14 versus a $0.09 consensus estimate and revenue of $122.59 million versus expectations of $116.75 million. This provides fundamental support for the recent buying interest.
• Neutral Sentiment: A report stated that short interest totaled zero shares, implying no days to cover. Because the figure conflicts with the description of a “large increase” in short interest, investors should treat the data cautiously until confirmed.
• Neutral Sentiment: Institutional ownership is 34.87%, with several funds recently initiating or increasing positions. This suggests some professional-investor interest but does not establish a broad consensus.
• Negative Sentiment: The shares remain substantially below their 52-week high and below both the 50-day and 200-day moving averages. Nayax also trades at a very elevated earnings multiple, while the analyst consensus remains “Hold,” with target-price reductions from some firms.

About Nayax

Nayax Ltd. (NASDAQ: NYAX) is a global financial technology and commerce enablement company that provides payment processing, management software and business intelligence solutions for unattended and self-service markets. Its platform helps businesses accept and manage cashless transactions while monitoring equipment, customer activity and operational performance.

The company’s products and services are used across industries including vending, electric vehicle charging, fuel and convenience retail, parking, laundromats, hospitality and other automated retail environments.