Key Points
- Aaron Samuel Greenberg sold 276 shares of Nayax on May 4 at an average price of $70.43 for $19,438.68 (and previously sold 1,002 shares on April 22); the sales were disclosed as tax-withholding transactions tied to vested equity and trimmed his stake to 25,477 shares (a 1.07% decrease).
- Nayax shares opened at $72.50 (a 52-week high) after reporting quarterly EPS of $0.35 vs. $0.24 expected while revenue of $119.45M slightly missed estimates; the company has a roughly $2.65B market cap and a consensus analyst rating of Hold with a $51.67 target.
Nayax Ltd. (NASDAQ:NYAX - Get Free Report) insider Aaron Samuel Greenberg sold 276 shares of Nayax stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $70.43, for a total transaction of $19,438.68. Following the completion of the transaction, the insider owned 25,477 shares of the company's stock, valued at $1,794,345.11. This represents a 1.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Aaron Samuel Greenberg also recently made the following trade(s):
- On Wednesday, April 22nd, Aaron Samuel Greenberg sold 1,002 shares of Nayax stock. The stock was sold at an average price of $63.94, for a total transaction of $64,067.88.
Nayax Stock Up 3.2%
Shares of Nayax stock opened at $72.50 on Wednesday. Nayax Ltd. has a 52-week low of $37.95 and a 52-week high of $72.50. The company has a 50 day moving average of $59.40 and a 200 day moving average of $52.94. The company has a quick ratio of 2.16, a current ratio of 2.26 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $2.65 billion, a P/E ratio of 76.32 and a beta of 0.39.
Nayax (NASDAQ:NYAX - Get Free Report) last issued its quarterly earnings results on Monday, March 9th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.11. Nayax had a net margin of 8.87% and a return on equity of 11.60%. The company had revenue of $119.45 million during the quarter, compared to the consensus estimate of $120.13 million. As a group, research analysts forecast that Nayax Ltd. will post 0.84 EPS for the current fiscal year.
Institutional Trading of Nayax
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its holdings in Nayax by 210.5% during the second quarter. Russell Investments Group Ltd. now owns 590 shares of the company's stock worth $30,000 after purchasing an additional 400 shares in the last quarter. Osaic Holdings Inc. acquired a new stake in Nayax during the second quarter worth approximately $33,000. Bank of America Corp DE raised its holdings in Nayax by 920.4% during the fourth quarter. Bank of America Corp DE now owns 1,500 shares of the company's stock worth $44,000 after purchasing an additional 1,353 shares in the last quarter. Smartleaf Asset Management LLC acquired a new stake in Nayax during the fourth quarter worth approximately $69,000. Finally, Alliancebernstein L.P. acquired a new stake in Nayax during the third quarter worth approximately $128,000. Institutional investors and hedge funds own 34.87% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. Zacks Research upgraded shares of Nayax from a "strong sell" rating to a "hold" rating in a research note on Monday, January 19th. William Blair reiterated an "outperform" rating on shares of Nayax in a research note on Monday, March 9th. Keefe, Bruyette & Woods lifted their price target on shares of Nayax from $52.00 to $60.00 and gave the stock a "market perform" rating in a research note on Tuesday, March 10th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Nayax in a research note on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $51.67.
Read Our Latest Research Report on Nayax
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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