Millstreet Capital Management Sells 51,472 Shares of Diebold Nixdorf (NYSE:DBD) Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 51,472 shares of Diebold Nixdorf stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $85.43, for a total transaction of $4,397,252.96. Following the sale, the insider directly owned 4,765,271 shares of the company’s stock, valued at $407,097,101.53. This represents a 1.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Millstreet Capital Management also recently made the following trade(s):

• On Thursday, April 16th, Millstreet Capital Management sold 60,833 shares of Diebold Nixdorf stock. The stock was sold at an average price of $84.77, for a total transaction of $5,156,813.41.
• On Wednesday, April 8th, Millstreet Capital Management sold 399,929 shares of Diebold Nixdorf stock. The stock was sold at an average price of $82.42, for a total transaction of $32,962,148.18.

Diebold Nixdorf Price Performance

DBD opened at $88.74 on Friday. The company has a fifty day moving average price of $78.22 and a two-hundred day moving average price of $69.25. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.92 and a current ratio of 1.30. Diebold Nixdorf, Incorporated has a 52 week low of $39.96 and a 52 week high of $88.91. The firm has a market capitalization of $3.09 billion, a PE ratio of 34.26 and a beta of 1.48.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $3.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $1.29. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 16.33%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, analysts anticipate that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on DBD. DA Davidson lifted their price target on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Wedbush set a $100.00 price target on shares of Diebold Nixdorf in a research report on Friday, February 13th. Finally, Weiss Ratings raised shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday, February 17th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Diebold Nixdorf presently has an average rating of “Buy” and an average target price of $100.00.

Institutional Investors Weigh In On Diebold Nixdorf

Several institutional investors have recently added to or reduced their stakes in DBD. Arrowstreet Capital Limited Partnership lifted its position in Diebold Nixdorf by 458.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 402,603 shares of the technology company’s stock valued at $22,960,000 after acquiring an additional 330,526 shares in the last quarter. LSV Asset Management lifted its position in Diebold Nixdorf by 1,072.4% in the 4th quarter. LSV Asset Management now owns 325,917 shares of the technology company’s stock valued at $22,127,000 after acquiring an additional 298,117 shares in the last quarter. American Century Companies Inc. lifted its position in Diebold Nixdorf by 73.6% in the 3rd quarter. American Century Companies Inc. now owns 501,819 shares of the technology company’s stock valued at $28,619,000 after acquiring an additional 212,790 shares in the last quarter. William Blair Investment Management LLC lifted its position in Diebold Nixdorf by 12.1% in the 3rd quarter. William Blair Investment Management LLC now owns 1,819,728 shares of the technology company’s stock valued at $103,779,000 after acquiring an additional 197,086 shares in the last quarter. Finally, 325 Capital LLC bought a new stake in Diebold Nixdorf in the 4th quarter valued at $13,130,000. 97.04% of the stock is owned by institutional investors.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.