10,000 Shares in NCR Voyix Co. (NYSE:VYX) Purchased by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co purchased a new stake in shares of NCR Voyix Co. (NYSE:VYX) in the third quarter, according to its most recent filing with the SEC. The firm purchased 10,000 shares of the company’s stock, valued at approximately $136,000.

Several other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its position in NCR Voyix by 72.0% during the second quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock worth $25,000 after purchasing an additional 840 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in shares of NCR Voyix by 1.4% in the third quarter. Louisiana State Employees Retirement System now owns 70,300 shares of the company’s stock valued at $954,000 after purchasing an additional 1,000 shares during the period. Arizona State Retirement System increased its position in shares of NCR Voyix by 4.1% in the 2nd quarter. Arizona State Retirement System now owns 38,374 shares of the company’s stock worth $474,000 after purchasing an additional 1,509 shares during the last quarter. Inspire Investing LLC increased its holdings in NCR Voyix by 5.6% in the third quarter. Inspire Investing LLC now owns 30,205 shares of the company’s stock valued at $410,000 after buying an additional 1,606 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in shares of NCR Voyix by 61.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company’s stock valued at $62,000 after acquiring an additional 1,903 shares in the last quarter. Hedge funds and other institutional investors own 97.00% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on VYX. DA Davidson lowered their price target on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Royal Bank of Canada cut their target price on NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 target price on shares of NCR Voyix in a research report on Monday, October 14th. Finally, The Goldman Sachs Group initiated coverage on NCR Voyix in a report on Monday, October 14th. They issued a “neutral” rating and a $14.00 target price for the company. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $16.43.

Insider Activity

In related news, insider James G. Kelly acquired 14,800 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was bought at an average cost of $13.41 per share, with a total value of $198,468.00. Following the acquisition, the insider now owns 46,900 shares of the company’s stock, valued at approximately $628,929. The trade was a 46.11 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.61% of the company’s stock.

NCR Voyix Stock Performance

NYSE:VYX opened at $13.72 on Tuesday. NCR Voyix Co. has a fifty-two week low of $10.87 and a fifty-two week high of $17.39. The company has a 50 day simple moving average of $13.40 and a two-hundred day simple moving average of $13.23. The company has a market capitalization of $2.00 billion, a PE ratio of 3.18 and a beta of 1.64. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.23). The company had revenue of $711.00 million for the quarter, compared to the consensus estimate of $692.58 million. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The business’s revenue for the quarter was down 12.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.77 earnings per share. Research analysts anticipate that NCR Voyix Co. will post -1.86 earnings per share for the current year.

About NCR Voyix

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers.