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

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

Diebold Nixdorf Price Performance

Shares of NYSE:DBD opened at $40.56 on Thursday. The company has a market cap of $1.52 billion and a P/E ratio of 7.23. The business has a fifty day simple moving average of $33.98 and a 200-day simple moving average of $29.69. Diebold Nixdorf, Incorporated has a 52 week low of $16.50 and a 52 week high of $41.09. The company has a quick ratio of 0.94, a current ratio of 1.39 and a debt-to-equity ratio of 1.08.

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

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wedbush upgraded Diebold Nixdorf from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $40.00 to $50.00 in a research report on Friday, May 3rd. StockNews.com lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Thursday, April 18th.

Hedge Funds Weigh In On Diebold Nixdorf

Large investors have recently bought and sold shares of the stock. Beach Point Capital Management LP acquired a new stake in shares of Diebold Nixdorf during the 3rd quarter worth $61,481,000. Arena Capital Advisors LLC CA purchased a new position in shares of Diebold Nixdorf in the 3rd quarter worth about $33,785,000. Glendon Capital Management LP acquired a new position in shares of Diebold Nixdorf in the 3rd quarter valued at about $21,074,000. Oaktree Capital Management LP purchased a new stake in shares of Diebold Nixdorf during the 3rd quarter worth about $11,189,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Diebold Nixdorf by 411.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 576,430 shares of the technology company’s stock worth $10,918,000 after purchasing an additional 463,744 shares during the period. Hedge funds and other institutional investors own 97.04% of the company’s stock.

About Diebold Nixdorf

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.