Key Points
- Nayax CMO Michal Sever sold 5,000 shares on May 15 at an average price of $64.32, totaling about $321,600. After the sale, Sever still held 17,306 shares, cutting the position by 22.42%.
- Nayax reported mixed quarterly results, with earnings of $0.03 per share, missing analyst expectations of $0.08, while revenue of $106.86 million slightly beat forecasts. Analysts currently expect full-year EPS of 0.73.
- Wall Street sentiment remains divided on NYAX, with a consensus rating of “Hold” and an average price target of $74.27. Recent notes included both upgrades and downgrades, including UBS raising its target to $68 and Jefferies maintaining a $79.80 buy target.
Nayax Ltd. (NASDAQ:NYAX - Get Free Report) CMO Michal Sever sold 5,000 shares of Nayax stock in a transaction on Friday, May 15th. The shares were sold at an average price of $64.32, for a total value of $321,600.00. Following the transaction, the chief marketing officer owned 17,306 shares in the company, valued at $1,113,121.92. This represents a 22.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Nayax Stock Performance
Shares of NYAX stock opened at $63.78 on Tuesday. Nayax Ltd. has a 1-year low of $38.50 and a 1-year high of $74.83. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $2.33 billion, a price-to-earnings ratio of 80.73 and a beta of 0.39. The stock's fifty day simple moving average is $62.19 and its 200-day simple moving average is $54.45.
Nayax (NASDAQ:NYAX - Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by ($0.05). Nayax had a net margin of 6.95% and a return on equity of 14.09%. The business had revenue of $106.86 million for the quarter, compared to analysts' expectations of $105.64 million. On average, sell-side analysts predict that Nayax Ltd. will post 0.73 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Nayax
Several large investors have recently made changes to their positions in the business. Altshuler Shaham Ltd lifted its position in shares of Nayax by 5.0% during the 1st quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company's stock worth $2,026,000 after purchasing an additional 1,731 shares during the last quarter. Y.D. More Investments Ltd lifted its position in shares of Nayax by 3.1% during the 1st quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company's stock worth $48,387,000 after purchasing an additional 25,694 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Nayax by 36.4% during the 1st quarter. Assenagon Asset Management S.A. now owns 271,071 shares of the company's stock worth $15,195,000 after purchasing an additional 72,357 shares during the last quarter. Amundi acquired a new position in shares of Nayax during the 4th quarter worth about $302,000. Finally, Public Employees Retirement System of Ohio lifted its position in shares of Nayax by 9.3% during the 4th quarter. Public Employees Retirement System of Ohio now owns 3,894 shares of the company's stock worth $197,000 after purchasing an additional 330 shares during the last quarter. Institutional investors and hedge funds own 34.87% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts have commented on NYAX shares. Weiss Ratings restated a "sell (d-)" rating on shares of Nayax in a research note on Thursday, January 22nd. UBS Group boosted their target price on Nayax from $55.00 to $68.00 and gave the company a "neutral" rating in a research note on Wednesday, May 13th. Zacks Research downgraded Nayax from a "hold" rating to a "strong sell" rating in a research note on Wednesday, May 13th. Jefferies Financial Group restated a "buy" rating and issued a $79.80 target price on shares of Nayax in a research note on Thursday. Finally, Wall Street Zen downgraded Nayax from a "hold" rating to a "sell" rating in a research note on Saturday. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $74.27.
Check Out Our Latest 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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