Millstreet Capital Management Sells 100,000 Shares of Diebold Nixdorf (NYSE:DBD) Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 100,000 shares of Diebold Nixdorf stock in a transaction on Friday, June 26th. The shares were sold at an average price of $84.80, for a total transaction of $8,480,000.00. Following the completion of the sale, the insider directly owned 4,104,432 shares of the company’s stock, valued at approximately $348,055,833.60. The trade was a 2.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own 10% or more of a company’s shares 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 stock was sold at an average price of $85.06, for a total value of $233,149.46.
• On Wednesday, June 24th, Millstreet Capital Management sold 228,723 shares of Diebold Nixdorf stock. The stock was sold at an average price of $83.95, for a total value of $19,201,295.85.
• On Monday, June 8th, Millstreet Capital Management sold 88,334 shares of Diebold Nixdorf stock. The stock was 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 shares were 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 stock was sold at an average price of $82.42, for a total value of $32,962,148.18.

Diebold Nixdorf Stock Down 1.7%

Shares of Diebold Nixdorf stock opened at $83.56 on Thursday. The stock has a market capitalization of $2.89 billion, a P/E ratio of 28.32 and a beta of 1.12. 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 stock has a 50 day moving average price of $79.93 and a two-hundred day moving average price of $76.13. Diebold Nixdorf, Incorporated has a 12-month low of $53.93 and a 12-month high of $89.05.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DBD. ProShare Advisors LLC grew its stake in shares of Diebold Nixdorf by 4.1% in the fourth quarter. ProShare Advisors LLC now owns 4,521 shares of the technology company’s stock worth $307,000 after acquiring an additional 178 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in Diebold Nixdorf by 5.8% in the 1st quarter. Chicago Partners Investment Group LLC now owns 4,112 shares of the technology company’s stock valued at $310,000 after purchasing an additional 224 shares during the period. CWM LLC boosted its holdings in Diebold Nixdorf by 15.6% in the 4th quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after purchasing an additional 232 shares during the period. Lazard Asset Management LLC grew its position in Diebold Nixdorf by 1.0% in the 2nd quarter. Lazard Asset Management LLC now owns 31,421 shares of the technology company’s stock worth $1,740,000 after purchasing an additional 322 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in Diebold Nixdorf by 1.3% in the 3rd quarter. Alliancebernstein L.P. now owns 28,634 shares of the technology company’s stock worth $1,633,000 after purchasing an additional 355 shares during the last quarter. 97.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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.