Aaron Samuel Greenberg Sells 276 Shares of Nayax (NASDAQ:NYAX) Stock

Nayax Ltd. (NASDAQ:NYAX) insider Aaron Samuel Greenberg sold 276 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $69.03, for a total value of $19,052.28. Following the completion of the sale, the insider owned 25,279 shares of the company’s stock, valued at approximately $1,745,009.37. This trade represents a 1.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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 29th, Aaron Samuel Greenberg sold 54 shares of Nayax stock. The stock was sold at an average price of $63.85, for a total transaction of $3,447.90.
• On Thursday, June 4th, Aaron Samuel Greenberg sold 306 shares of Nayax stock. The shares were sold at an average price of $68.06, for a total value of $20,826.36.
• 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.

Nayax Trading Down 1.6%

NASDAQ NYAX opened at $66.85 on Thursday. Nayax Ltd. has a 12 month low of $39.17 and a 12 month high of $76.86. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.99 and a quick ratio of 0.88. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of 84.62 and a beta of 0.47. The company’s fifty day moving average price is $67.09 and its two-hundred day moving average price is $62.78.

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

Analysts Set New Price Targets

Several analysts recently issued reports on the company. UBS Group raised their price target on Nayax from $68.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. Zacks Research upgraded Nayax from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 1st. Oppenheimer raised Nayax from a “market perform” rating to an “outperform” rating and set a $86.00 target price on the stock in a research report on Wednesday, May 27th. Wall Street Zen cut shares of Nayax from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $79.80 price objective on shares of Nayax in a report on Thursday, May 14th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $78.16.

Institutional Trading of Nayax

Several large investors have recently added to or reduced their stakes in the business. Y.D. More Investments Ltd boosted its position in Nayax by 3.1% during the 1st quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company’s stock worth $48,387,000 after acquiring an additional 25,694 shares during the period. Vanguard Group Inc. increased 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 during the period. Goldman Sachs Group Inc. raised its stake 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. raised its stake 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, AltraVue Capital LLC acquired a new stake in Nayax in the fourth quarter worth about $11,623,000. 34.87% of the stock is currently owned by institutional investors and hedge funds.

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.