Key Points
- Insider sale: Aaron Samuel Greenberg sold 1,002 Nayax shares on April 22 at an average price of $63.94 for $64,067.88 to cover tax withholding from vested equity, trimming his stake to 25,753 shares (a 3.75% decline).
- Shares are trading higher (opened at $66.24, up ~3.1%) with a market cap of $2.43 billion, a P/E of 69.73, and a 52-week range of $37.95–$66.80.
- Earnings and outlook: Nayax beat Q results on EPS ($0.35 vs. $0.24) while revenue slightly missed, and analysts hold a mixed view—consensus rating "Hold" with a $51.67 target.
Nayax Ltd. (NASDAQ:NYAX - Get Free Report) insider Aaron Samuel Greenberg sold 1,002 shares of the business's stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $63.94, for a total transaction of $64,067.88. Following the transaction, the insider directly owned 25,753 shares of the company's stock, valued at approximately $1,646,646.82. This represents a 3.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Nayax Trading Up 3.1%
Nayax stock opened at $66.24 on Friday. The stock has a market cap of $2.43 billion, a P/E ratio of 69.73 and a beta of 0.10. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.16 and a current ratio of 2.26. The firm's fifty day moving average price is $57.90 and its 200-day moving average price is $52.01. Nayax Ltd. has a fifty-two week low of $37.95 and a fifty-two week high of $66.80.
Nayax (NASDAQ:NYAX - Get Free Report) last released its quarterly earnings results on Monday, March 9th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.11. The firm had revenue of $119.45 million for the quarter, compared to analysts' expectations of $120.13 million. Nayax had a return on equity of 11.60% and a net margin of 8.87%. Equities research analysts forecast that Nayax Ltd. will post 0.84 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Nayax
A number of institutional investors have recently made changes to their positions in NYAX. Russell Investments Group Ltd. raised its position in Nayax by 210.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 590 shares of the company's stock worth $30,000 after purchasing an additional 400 shares during the period. Osaic Holdings Inc. bought a new position in shares of Nayax during the second quarter valued at about $33,000. Bank of America Corp DE increased its holdings in shares of Nayax by 920.4% in the fourth quarter. Bank of America Corp DE now owns 1,500 shares of the company's stock worth $44,000 after buying an additional 1,353 shares during the period. Smartleaf Asset Management LLC bought a new stake in shares of Nayax in the 4th quarter valued at about $69,000. Finally, Alliancebernstein L.P. purchased a new stake in Nayax during the 3rd quarter valued at about $128,000. Hedge funds and other institutional investors own 34.87% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on NYAX shares. Weiss Ratings reiterated a "sell (d-)" rating on shares of Nayax in a research report on Thursday, January 22nd. William Blair restated an "outperform" rating on shares of Nayax in a research report on Monday, March 9th. Keefe, Bruyette & Woods upped their target price on shares of Nayax from $52.00 to $60.00 and gave the stock a "market perform" rating in a research report on Tuesday, March 10th. Finally, Zacks Research upgraded Nayax from a "strong sell" rating to a "hold" rating in a research report on Monday, January 19th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $51.67.
View Our Latest Stock Analysis on NYAX
Nayax Company Profile
(
Get Free Report)
Nayax Ltd. is a global fintech company specializing in cashless payment solutions, telematics and management services for unattended retail environments. Founded in 2005 and headquartered in Israel, Nayax develops hardware and software platforms that enable vending machines, kiosks, laundromats, e-commerce and self-checkout points to accept a wide range of payment methods, including credit and debit cards, mobile wallets and contactless NFC transactions.
The company’s product portfolio comprises proprietary point-of-sale terminals—such as the VPOS and Carbon series—as well as a cloud-based management suite known as the Monyx platform.
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