Diebold Nixdorf, Incorporated (NYSE:DBD) Short Interest Up 6.0% in July

Diebold Nixdorf, Incorporated (NYSE:DBD) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 1,420,000 shares, a growth of 6.0% from the July 15th total of 1,340,000 shares. Based on an average daily trading volume, of 276,300 shares, the short-interest ratio is currently 5.1 days. Approximately 3.8% of the company’s shares are sold short.

Insider Buying and Selling at Diebold Nixdorf

In other news, CFO Thomas S. Timko bought 1,400 shares of the firm’s stock in a transaction on Friday, August 9th. The stock was acquired at an average price of $38.71 per share, with a total value of $54,194.00. Following the transaction, the chief financial officer now owns 48,219 shares of the company’s stock, valued at approximately $1,866,557.49. The acquisition was disclosed in a document filed with the SEC, which is available through this link. In other news, CFO Thomas S. Timko purchased 1,400 shares of the business’s stock in a transaction on Friday, August 9th. The shares were acquired at an average price of $38.71 per share, with a total value of $54,194.00. Following the completion of the transaction, the chief financial officer now owns 48,219 shares of the company’s stock, valued at approximately $1,866,557.49. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Octavio Marquez purchased 1,100 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were acquired at an average price of $37.34 per share, with a total value of $41,074.00. Following the completion of the acquisition, the chief executive officer now owns 135,774 shares in the company, valued at approximately $5,069,801.16. The disclosure for this purchase can be found here. Corporate insiders own 0.04% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DBD. Amalgamated Bank purchased a new position in shares of Diebold Nixdorf in the 2nd quarter worth approximately $34,000. nVerses Capital LLC bought a new stake in Diebold Nixdorf during the second quarter worth $35,000. ClariVest Asset Management LLC boosted its position in Diebold Nixdorf by 1.7% in the second quarter. ClariVest Asset Management LLC now owns 64,874 shares of the technology company’s stock worth $2,496,000 after purchasing an additional 1,067 shares during the last quarter. Russell Investments Group Ltd. grew its stake in Diebold Nixdorf by 3.9% in the 4th quarter. Russell Investments Group Ltd. now owns 31,579 shares of the technology company’s stock valued at $914,000 after purchasing an additional 1,178 shares during the period. Finally, Tower Research Capital LLC TRC purchased a new stake in shares of Diebold Nixdorf during the 4th quarter valued at $46,000. Institutional investors own 97.04% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on DBD. DA Davidson boosted their target price on shares of Diebold Nixdorf from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, August 9th. StockNews.com cut shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Thursday, July 11th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $50.00 target price on shares of Diebold Nixdorf in a research report on Thursday, August 8th.

Diebold Nixdorf Stock Down 4.2 %

NYSE DBD traded down $1.69 during mid-day trading on Friday, hitting $38.76. The company’s stock had a trading volume of 111,219 shares, compared to its average volume of 194,576. The firm has a market capitalization of $1.46 billion and a price-to-earnings ratio of 6.91. The company’s 50 day simple moving average is $40.23 and its 200 day simple moving average is $37.37. The company has a current ratio of 1.39, a quick ratio of 0.94 and a debt-to-equity ratio of 1.08. Diebold Nixdorf has a twelve month low of $16.50 and a twelve month high of $45.15.

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.