Diebold Nixdorf, Incorporated (NYSE:DBD) Director Emanuel R. Pearlman Sells 2,000 Shares

Diebold Nixdorf, Incorporated (NYSE:DBD) Director Emanuel R. Pearlman sold 2,000 shares of the business’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $43.68, for a total value of $87,360.00. Following the sale, the director now directly owns 40,000 shares of the company’s stock, valued at $1,747,200. This represents a 4.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Diebold Nixdorf Stock Performance

NYSE DBD opened at $43.12 on Tuesday. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of -98.00 and a beta of 1.93. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 0.99. The business has a 50-day moving average price of $43.71 and a 200-day moving average price of $43.97. Diebold Nixdorf, Incorporated has a twelve month low of $30.37 and a twelve month high of $51.81.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.25). Diebold Nixdorf had a positive return on equity of 14.28% and a negative net margin of 0.44%. As a group, equities research analysts predict that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current fiscal year.

Diebold Nixdorf declared that its board has authorized a share repurchase program on Wednesday, February 12th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the technology company to reacquire up to 5.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

DBD has been the subject of several recent research reports. StockNews.com raised Diebold Nixdorf from a “hold” rating to a “buy” rating in a report on Monday. Wedbush reissued an “outperform” rating and set a $60.00 price target on shares of Diebold Nixdorf in a report on Thursday, February 13th. Finally, DA Davidson boosted their price target on Diebold Nixdorf from $65.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, February 27th.

Hedge Funds Weigh In On Diebold Nixdorf

A number of hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Diebold Nixdorf by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,386 shares of the technology company’s stock worth $619,000 after acquiring an additional 477 shares during the period. Rhumbline Advisers lifted its position in shares of Diebold Nixdorf by 1.6% in the fourth quarter. Rhumbline Advisers now owns 40,319 shares of the technology company’s stock worth $1,735,000 after buying an additional 639 shares in the last quarter. Sterling Capital Management LLC lifted its position in shares of Diebold Nixdorf by 821.6% in the fourth quarter. Sterling Capital Management LLC now owns 811 shares of the technology company’s stock worth $35,000 after buying an additional 723 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Diebold Nixdorf by 6.3% in the fourth quarter. SG Americas Securities LLC now owns 12,595 shares of the technology company’s stock worth $542,000 after buying an additional 752 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its position in shares of Diebold Nixdorf by 5.8% in the fourth quarter. MetLife Investment Management LLC now owns 15,629 shares of the technology company’s stock worth $673,000 after buying an additional 856 shares in the last quarter. Institutional investors own 97.04% of the company’s stock.

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.