Diebold Nixdorf Inc (NYSE:DBD) Director Ellen Costello Buys 8,000 Shares

Diebold Nixdorf Inc (NYSE:DBD) Director Ellen Costello purchased 8,000 shares of Diebold Nixdorf stock in a transaction that occurred on Thursday, February 13th. The shares were bought at an average price of $8.74 per share, for a total transaction of $69,920.00.

DBD opened at $8.74 on Friday. The stock has a fifty day simple moving average of $11.22 and a two-hundred day simple moving average of $10.64. The company has a market cap of $669.26 million, a price-to-earnings ratio of -1.95 and a beta of 2.82. Diebold Nixdorf Inc has a 12-month low of $6.55 and a 12-month high of $14.66.

Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Tuesday, February 11th. The technology company reported $0.47 EPS for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.03). The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.16 billion. The company’s quarterly revenue was down 10.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.08) EPS. On average, sell-side analysts predict that Diebold Nixdorf Inc will post -0.12 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of DBD. Victory Capital Management Inc. lifted its position in Diebold Nixdorf by 107.6% during the 4th quarter. Victory Capital Management Inc. now owns 2,509,857 shares of the technology company’s stock valued at $26,504,000 after acquiring an additional 1,300,581 shares during the period. Russell Investments Group Ltd. raised its stake in Diebold Nixdorf by 2,608.3% in the 4th quarter. Russell Investments Group Ltd. now owns 880,335 shares of the technology company’s stock valued at $9,294,000 after purchasing an additional 847,830 shares during the last quarter. Nuveen Asset Management LLC purchased a new position in Diebold Nixdorf in the 2nd quarter valued at $2,973,000. First Trust Advisors LP purchased a new position in Diebold Nixdorf in the 4th quarter valued at $3,129,000. Finally, Squarepoint Ops LLC purchased a new position in Diebold Nixdorf in the 3rd quarter valued at $2,745,000. Institutional investors own 91.47% of the company’s stock.

A number of research firms recently issued reports on DBD. DA Davidson reissued a “buy” rating and issued a $17.00 price target (up from $15.00) on shares of Diebold Nixdorf in a research note on Friday, December 13th. ValuEngine raised Diebold Nixdorf from a “strong sell” rating to a “sell” rating in a research report on Friday, January 10th. JPMorgan Chase & Co. upgraded Diebold Nixdorf from an “underweight” rating to a “neutral” rating and set a $7.00 target price on the stock in a report on Friday, November 1st. Finally, Zacks Investment Research lowered Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $13.75.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates through two segments, Banking and Retail. The Banking segment 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.

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Insider Buying and Selling by Quarter for Diebold Nixdorf (NYSE:DBD)

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