Diebold Nixdorf (NYSE:DBD) Major Shareholder Millstreet Capital Management Sells 88,334 Shares

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 88,334 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $82.99, for a total transaction of $7,330,838.66. Following the completion of the transaction, the insider owned 4,616,104 shares of the company’s stock, valued at $383,090,470.96. This represents a 1.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• 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 transaction 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 transaction of $4,397,252.96.
• On Wednesday, April 8th, Millstreet Capital Management sold 399,929 shares of Diebold Nixdorf stock. The shares were sold at an average price of $82.42, for a total transaction of $32,962,148.18.

Diebold Nixdorf Stock Performance

NYSE DBD opened at $81.13 on Thursday. 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, Incorporated has a 1 year low of $50.27 and a 1 year high of $89.05. The company has a market capitalization of $2.81 billion, a PE ratio of 27.50 and a beta of 1.13. The company has a fifty day moving average of $79.59 and a two-hundred day moving average of $74.22.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. AlphaQuest LLC increased its holdings in Diebold Nixdorf by 65.1% in the third quarter. AlphaQuest LLC now owns 860 shares of the technology company’s stock valued at $49,000 after buying an additional 339 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in Diebold Nixdorf by 325.9% in the first quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock valued at $50,000 after buying an additional 880 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Diebold Nixdorf in the first quarter valued at about $93,000. Raymond James Financial Inc. purchased a new position in Diebold Nixdorf in the second quarter valued at about $105,000. Finally, CWM LLC increased its holdings in 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 buying an additional 232 shares in the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DBD has been the subject of several recent research reports. Wedbush set a $100.00 target price on shares of Diebold Nixdorf in a research note on Friday, February 13th. DA Davidson reiterated a “buy” rating and set a $100.00 target price on shares of Diebold Nixdorf in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research note on Tuesday, February 17th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $100.00.

Diebold Nixdorf Company Profile

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.