Aaron Samuel Greenberg Sells 306 Shares of Nayax (NASDAQ:NYAX) Stock

Nayax Ltd. (NASDAQ:NYAX) insider Aaron Samuel Greenberg sold 306 shares of Nayax stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $68.06, for a total value of $20,826.36. Following the sale, the insider owned 25,609 shares in the company, valued at $1,742,948.54. This represents a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Aaron Samuel Greenberg also recently made the following trade(s):

• On Monday, June 1st, Aaron Samuel Greenberg sold 440 shares of Nayax stock. The shares were sold at an average price of $73.31, for a total value of $32,256.40.
• On Monday, May 4th, Aaron Samuel Greenberg sold 276 shares of Nayax stock. The shares were sold at an average price of $70.43, for a total value of $19,438.68.
• On Wednesday, April 22nd, Aaron Samuel Greenberg sold 1,002 shares of Nayax stock. The shares were sold at an average price of $63.94, for a total value of $64,067.88.

Nayax Trading Down 2.1%

NASDAQ NYAX opened at $64.25 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 0.53. Nayax Ltd. has a twelve month low of $39.17 and a twelve month high of $76.86. The firm has a market capitalization of $2.35 billion, a PE ratio of 81.33 and a beta of 0.41. The stock’s 50 day moving average is $65.70 and its 200 day moving average is $57.56.

Nayax (NASDAQ:NYAX) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.05). Nayax had a net margin of 6.95% and a return on equity of 14.09%. The firm had revenue of $106.86 million for the quarter, compared to the consensus estimate of $105.64 million. Research analysts forecast that Nayax Ltd. will post 0.73 earnings per share for the current fiscal year.

Analyst Ratings Changes

NYAX has been the topic of several analyst reports. Oppenheimer raised Nayax from a “market perform” rating to an “outperform” rating and set a $86.00 target price on the stock in a report on Wednesday, May 27th. Wall Street Zen downgraded Nayax from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Zacks Research downgraded Nayax from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. UBS Group boosted their target price on Nayax from $55.00 to $68.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Finally, Keefe, Bruyette & Woods boosted their target price on Nayax from $60.00 to $75.00 and gave the stock a “market perform” rating in a report on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $77.20.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of NYAX. Vanguard Group Inc. lifted its holdings in shares of Nayax by 4,022.5% during the third quarter. Vanguard Group Inc. now owns 548,788 shares of the company’s stock valued at $26,210,000 after purchasing an additional 535,476 shares in the last quarter. AltraVue Capital LLC bought a new position in shares of Nayax during the fourth quarter valued at $11,623,000. Goldman Sachs Group Inc. lifted its holdings in shares of Nayax by 43.9% during the first quarter. Goldman Sachs Group Inc. now owns 294,430 shares of the company’s stock valued at $9,966,000 after purchasing an additional 89,886 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Nayax by 36.4% during the first quarter. Assenagon Asset Management S.A. now owns 271,071 shares of the company’s stock valued at $15,195,000 after purchasing an additional 72,357 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of Nayax by 12,665.1% during the fourth quarter. UBS Group AG now owns 57,443 shares of the company’s stock valued at $2,907,000 after purchasing an additional 56,993 shares in the last quarter. 34.87% of the stock is owned by institutional investors.

Nayax Company Profile

Nayax Ltd. is a global fintech company specializing in cashless payment solutions, telematics and management services for unattended retail environments. Founded in 2005 and headquartered in Israel, Nayax develops hardware and software platforms that enable vending machines, kiosks, laundromats, e-commerce and self-checkout points to accept a wide range of payment methods, including credit and debit cards, mobile wallets and contactless NFC transactions.

The company’s product portfolio comprises proprietary point-of-sale terminals—such as the VPOS and Carbon series—as well as a cloud-based management suite known as the Monyx platform.