NCR Voyix Target of Unusually High Options Trading (NYSE:VYX)

NCR Voyix Corporation (NYSE:VYX) was the recipient of unusually large options trading on Tuesday. Traders acquired 51,175 call options on the stock. This represents an increase of approximately 96,457% compared to the typical volume of 53 call options.

Hedge Funds Weigh In On NCR Voyix

A number of hedge funds and other institutional investors have recently bought and sold shares of VYX. Deutsche Bank AG increased its stake in NCR Voyix by 3.8% in the 4th quarter. Deutsche Bank AG now owns 118,679 shares of the company’s stock valued at $1,211,000 after buying an additional 4,370 shares during the period. Cerity Partners LLC purchased a new stake in shares of NCR Voyix in the fourth quarter valued at about $210,000. LPL Financial LLC boosted its holdings in shares of NCR Voyix by 103.6% in the fourth quarter. LPL Financial LLC now owns 121,756 shares of the company’s stock valued at $1,242,000 after acquiring an additional 61,950 shares in the last quarter. WINTON GROUP Ltd increased its stake in shares of NCR Voyix by 12.8% during the fourth quarter. WINTON GROUP Ltd now owns 411,248 shares of the company’s stock worth $4,195,000 after acquiring an additional 46,701 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of NCR Voyix by 35.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,949,023 shares of the company’s stock worth $19,880,000 after acquiring an additional 509,674 shares during the period. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on VYX. Weiss Ratings reissued a “sell (d)” rating on shares of NCR Voyix in a report on Monday, December 29th. Zacks Research downgraded shares of NCR Voyix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Finally, The Goldman Sachs Group cut their price target on shares of NCR Voyix from $13.00 to $11.50 and set a “neutral” rating on the stock in a research note on Tuesday, January 13th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $15.64.

NCR Voyix Stock Performance

NYSE VYX opened at $9.51 on Thursday. The firm has a market cap of $1.32 billion, a P/E ratio of -21.60 and a beta of 1.45. NCR Voyix has a 52-week low of $7.55 and a 52-week high of $14.67. The business’s 50-day moving average price is $10.21 and its 200 day moving average price is $11.42. The company has a quick ratio of 0.94, a current ratio of 1.13 and a debt-to-equity ratio of 1.30.

NCR Voyix Company Profile

NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.

Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.