Insider Buying: Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Buys 4,200 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Frank Tobias Baur bought 4,200 shares of Diebold Nixdorf stock in a transaction dated Tuesday, May 7th. The shares were acquired at an average price of $39.46 per share, with a total value of $165,732.00. Following the completion of the purchase, the executive vice president now owns 23,112 shares in the company, valued at approximately $911,999.52. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Diebold Nixdorf Stock Up 3.7 %

DBD traded up $1.42 during trading hours on Tuesday, hitting $39.92. 395,661 shares of the stock were exchanged, compared to its average volume of 140,650. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.94 and a current ratio of 1.39. Diebold Nixdorf, Incorporated has a 12 month low of $16.50 and a 12 month high of $40.19. The stock has a 50-day simple moving average of $33.69 and a 200-day simple moving average of $29.45.

Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings results on Wednesday, February 14th. The technology company reported $3.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $1.63. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. Sell-side analysts anticipate that Diebold Nixdorf, Incorporated will post 3.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on DBD. Wedbush raised shares of Diebold Nixdorf from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $40.00 to $50.00 in a report on Friday. StockNews.com lowered Diebold Nixdorf from a “buy” rating to a “hold” rating in a report on Thursday, April 18th.

Hedge Funds Weigh In On Diebold Nixdorf

A number of large investors have recently bought and sold shares of the business. Beach Point Capital Management LP bought a new position in shares of Diebold Nixdorf during the third quarter valued at approximately $61,481,000. Arena Capital Advisors LLC CA acquired a new position in Diebold Nixdorf during the 3rd quarter valued at approximately $33,785,000. Glendon Capital Management LP acquired a new position in Diebold Nixdorf during the 3rd quarter valued at approximately $21,074,000. Oaktree Capital Management LP bought a new position in Diebold Nixdorf during the 3rd quarter worth $11,189,000. Finally, Allspring Global Investments Holdings LLC increased its position in Diebold Nixdorf by 411.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 576,430 shares of the technology company’s stock worth $10,918,000 after buying an additional 463,744 shares during the period. Institutional investors own 97.04% of the company’s stock.

About Diebold Nixdorf

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.