Insider Buying: Diebold Nixdorf, Incorporated (NYSE:DBD) CEO Buys 513 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) CEO Octavio Marquez purchased 513 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were purchased at an average cost of $38.90 per share, for a total transaction of $19,955.70. Following the completion of the purchase, the chief executive officer now owns 134,674 shares in the company, valued at approximately $5,238,818.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Octavio Marquez also recently made the following trade(s):

• On Wednesday, March 13th, Octavio Marquez bought 1,000 shares of Diebold Nixdorf stock. The shares were purchased at an average cost of $34.27 per share, for a total transaction of $34,270.00.

Diebold Nixdorf Price Performance

Shares of NYSE:DBD traded up $0.50 during mid-day trading on Monday, hitting $38.50. 223,991 shares of the company traded hands, compared to its average volume of 137,718. The stock has a 50-day moving average price of $33.61 and a two-hundred day moving average price of $29.31. Diebold Nixdorf, Incorporated has a 12-month low of $16.50 and a 12-month high of $39.76. The company has a quick ratio of 0.94, a current ratio of 1.39 and a debt-to-equity ratio of 1.08.

Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings data on Wednesday, February 14th. The technology company reported $3.02 EPS for the quarter, beating the consensus estimate of $1.39 by $1.63. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. On average, equities research analysts expect that Diebold Nixdorf, Incorporated will post 3.94 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Wedbush upgraded shares of Diebold Nixdorf from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $40.00 to $50.00 in a research note on Friday. StockNews.com downgraded shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Thursday, April 18th.

Hedge Funds Weigh In On Diebold Nixdorf

Several institutional investors have recently added to or reduced their stakes in DBD. Tower Research Capital LLC TRC bought a new stake in shares of Diebold Nixdorf in the fourth quarter valued at $46,000. Public Employees Retirement System of Ohio purchased a new position in shares of Diebold Nixdorf in the third quarter valued at $79,000. Citigroup Inc. bought a new stake in shares of Diebold Nixdorf during the 3rd quarter valued at $135,000. Cannon Global Investment Management LLC bought a new stake in shares of Diebold Nixdorf during the first quarter valued at about $276,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Diebold Nixdorf in the third quarter worth $519,000. Institutional investors own 97.04% of the company’s stock.

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.