Frank Tobias Baur Acquires 4,200 Shares of Diebold Nixdorf, Incorporated (NYSE:DBD) Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) EVP Frank Tobias Baur acquired 4,200 shares of the stock in a transaction on Tuesday, May 7th. The stock was bought at an average price of $39.46 per share, for a total transaction of $165,732.00. Following the transaction, the executive vice president now owns 23,112 shares in the company, valued at approximately $911,999.52. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

Diebold Nixdorf Stock Up 1.6 %

Diebold Nixdorf stock opened at $40.56 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.39 and a quick ratio of 0.94. The stock has a market capitalization of $1.52 billion and a PE ratio of 7.23. The business has a 50 day simple moving average of $33.98 and a 200-day simple moving average of $29.69. Diebold Nixdorf, Incorporated has a 12 month low of $16.50 and a 12 month high of $41.09.

Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Wednesday, February 14th. The technology company reported $3.02 EPS for the quarter, topping the consensus estimate of $1.39 by $1.63. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. On average, analysts anticipate that Diebold Nixdorf, Incorporated will post 3.94 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. raised its holdings in shares of Diebold Nixdorf by 16.9% during the first quarter. Russell Investments Group Ltd. now owns 36,906 shares of the technology company’s stock valued at $1,271,000 after acquiring an additional 5,327 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Diebold Nixdorf during the first quarter worth approximately $502,000. Swiss National Bank acquired a new position in Diebold Nixdorf in the 1st quarter valued at $765,000. SG Americas Securities LLC purchased a new position in Diebold Nixdorf in the 1st quarter valued at $105,000. Finally, Allspring Global Investments Holdings LLC boosted its stake in Diebold Nixdorf by 16.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 682,939 shares of the technology company’s stock worth $23,520,000 after purchasing an additional 94,421 shares during the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DBD has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. Wedbush raised shares of Diebold Nixdorf from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $40.00 to $50.00 in a research note on Friday, May 3rd.

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.