Diebold Nixdorf (NYSE:DBD) Major Shareholder Sells $19,201,295.85 in Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 228,723 shares of the stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $83.95, for a total value of $19,201,295.85. Following the transaction, the insider directly owned 4,207,173 shares in the company, valued at $353,192,173.35. The trade was a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Large 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, June 25th, Millstreet Capital Management sold 2,741 shares of Diebold Nixdorf stock. The shares were sold at an average price of $85.06, for a total value of $233,149.46.
• On Monday, June 8th, Millstreet Capital Management sold 88,334 shares of Diebold Nixdorf stock. The shares were sold at an average price of $82.99, for a total value of $7,330,838.66.
• 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 value of $5,156,813.41.
• On Wednesday, April 15th, Millstreet Capital Management sold 51,472 shares of Diebold Nixdorf stock. The stock was sold at an average price of $85.43, for a total value 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 value of $32,962,148.18.

Diebold Nixdorf Price Performance

NYSE DBD opened at $84.92 on Monday. Diebold Nixdorf, Incorporated has a 52 week low of $53.93 and a 52 week high of $89.05. The firm has a market capitalization of $2.94 billion, a P/E ratio of 28.79 and a beta of 1.13. The company has a quick ratio of 0.89, a current ratio of 1.28 and a debt-to-equity ratio of 0.92. The company has a 50-day moving average price of $80.13 and a 200-day moving average price of $75.76.

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

Analyst Ratings Changes

Separately, DA Davidson reissued a “buy” rating and set a $100.00 price objective on shares of Diebold Nixdorf in a research report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $100.00.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. William Blair Investment Management LLC lifted its holdings in Diebold Nixdorf by 12.1% during the third quarter. William Blair Investment Management LLC now owns 1,819,728 shares of the technology company’s stock valued at $103,779,000 after purchasing an additional 197,086 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Diebold Nixdorf by 474.3% in the third quarter. JPMorgan Chase & Co. now owns 70,699 shares of the technology company’s stock worth $4,032,000 after purchasing an additional 58,388 shares during the period. American Century Companies Inc. increased its stake in shares of Diebold Nixdorf by 73.6% in the third quarter. American Century Companies Inc. now owns 501,819 shares of the technology company’s stock worth $28,619,000 after purchasing an additional 212,790 shares in the last quarter. LSV Asset Management increased its stake in shares of Diebold Nixdorf by 1,072.4% in the fourth quarter. LSV Asset Management now owns 325,917 shares of the technology company’s stock worth $22,127,000 after purchasing an additional 298,117 shares in the last quarter. Finally, Oliver Luxxe Assets LLC bought a new stake in shares of Diebold Nixdorf during the 4th quarter valued at $2,416,000. 97.04% of the stock is currently owned by institutional investors.

About Diebold Nixdorf

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.