Key Points
- Nayax CEO Carly Lisanne Furman sold 1,753 shares on June 1 at an average price of $73.31, a transaction worth about $128,512. The sale reduced her direct ownership by 7.44% and was filed with the SEC as part of tax withholding tied to vesting equity awards.
- NYAX shares were down 6.6% in trading, opening at $68.80. The stock has traded between $39.17 and $76.86 over the past 52 weeks and currently carries a market cap of about $2.52 billion.
- Nayax reported mixed quarterly results, posting EPS of $0.03 versus the $0.08 consensus estimate while revenue came in at $106.86 million, slightly above expectations. Analysts currently have a consensus rating of Hold with an average price target of $77.20.
Nayax Ltd. (NASDAQ:NYAX - Get Free Report) insider Aaron Samuel Greenberg sold 440 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $73.31, for a total value of $32,256.40. Following the completion of the transaction, the insider directly owned 25,915 shares in the company, valued at approximately $1,899,828.65. This represents a 1.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 Monday, May 4th, Aaron Samuel Greenberg sold 276 shares of Nayax stock. The shares were sold at an average price of $70.43, for a total value of $19,438.68.
- On Wednesday, April 22nd, Aaron Samuel Greenberg sold 1,002 shares of Nayax stock. The shares were sold at an average price of $63.94, for a total value of $64,067.88.
Nayax Stock Down 6.6%
NYAX stock opened at $68.80 on Wednesday. Nayax Ltd. has a fifty-two week low of $39.17 and a fifty-two week high of $76.86. The business's 50-day moving average is $64.49 and its two-hundred day moving average is $56.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.88 and a current ratio of 0.99. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 87.09 and a beta of 0.41.
Nayax (NASDAQ:NYAX - Get Free Report) last posted its 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 firm had revenue of $106.86 million during the quarter, compared to the consensus estimate of $105.64 million. As a group, analysts forecast that Nayax Ltd. will post 0.73 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the stock. Y.D. More Investments Ltd raised its stake in shares of Nayax by 3.1% in the first quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company's stock worth $48,387,000 after buying an additional 25,694 shares during the period. Vanguard Group Inc. raised its stake in shares of Nayax by 4,022.5% in the third quarter. Vanguard Group Inc. now owns 548,788 shares of the company's stock worth $26,210,000 after buying an additional 535,476 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Nayax by 43.9% in the first quarter. Goldman Sachs Group Inc. now owns 294,430 shares of the company's stock worth $9,966,000 after buying an additional 89,886 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Nayax by 36.4% in the first quarter. Assenagon Asset Management S.A. now owns 271,071 shares of the company's stock worth $15,195,000 after buying an additional 72,357 shares during the period. Finally, AltraVue Capital LLC bought a new position in shares of Nayax in the fourth quarter worth about $11,623,000. Institutional investors own 34.87% of the company's stock.
Analyst Upgrades and Downgrades
NYAX has been the topic of a number of recent research reports. Wall Street Zen downgraded Nayax from a "hold" rating to a "sell" rating in a report on Saturday, May 16th. Zacks Research downgraded Nayax from a "hold" rating to a "strong sell" rating in a research note on Wednesday, May 13th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $79.80 price objective on shares of Nayax in a research note on Thursday, May 14th. Keefe, Bruyette & Woods raised their price objective on Nayax from $60.00 to $75.00 and gave the stock a "market perform" rating in a research note on Wednesday, May 13th. Finally, UBS Group raised their price objective on Nayax from $55.00 to $68.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $77.20.
Get Our Latest Stock Report on NYAX
Nayax Company Profile
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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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