Key Points
- Nayax CFO Sagit Manor sold 214 shares on June 29 at an average price of $63.86, totaling about $13,666. The filing says the sale was made to cover tax withholding obligations tied to vested equity awards.
- Manor has been active in the stock recently, with additional sales on June 26, June 4, May 18, and April 22. After the latest transaction, Manor still held 46,490 shares valued at roughly $2.97 million.
- Nayax’s fundamentals and analyst sentiment are mixed: the stock opened at $65.51, and the company recently missed EPS estimates despite slightly topping revenue expectations. Analysts currently have a consensus Hold rating with an average price target of $78.95.
Nayax Ltd. (NASDAQ:NYAX - Get Free Report) CFO Sagit Manor sold 214 shares of the business's stock in a transaction on Monday, June 29th. The stock was sold at an average price of $63.86, for a total transaction of $13,666.04. Following the completion of the sale, the chief financial officer owned 46,490 shares in the company, valued at approximately $2,968,851.40. The trade was a 0.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Sagit Manor also recently made the following trade(s):
- On Friday, June 26th, Sagit Manor sold 79 shares of Nayax stock. The shares were sold at an average price of $64.02, for a total transaction of $5,057.58.
- On Thursday, June 4th, Sagit Manor sold 489 shares of Nayax stock. The shares were sold at an average price of $68.06, for a total value of $33,281.34.
- On Monday, May 18th, Sagit Manor sold 251 shares of Nayax stock. The stock was sold at an average price of $64.58, for a total value of $16,209.58.
- On Wednesday, April 22nd, Sagit Manor sold 1,754 shares of Nayax stock. The stock was sold at an average price of $63.94, for a total value of $112,150.76.
Nayax Price Performance
Shares of Nayax stock opened at $65.51 on Wednesday. The stock has a 50 day moving average of $67.50 and a 200 day moving average of $59.67. Nayax Ltd. has a 12 month low of $39.17 and a 12 month high of $76.86. The firm has a market cap of $2.40 billion, a PE ratio of 82.92 and a beta of 0.41. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 0.53.
Nayax (NASDAQ:NYAX - Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts' expectations of $105.64 million. On average, research analysts expect that Nayax Ltd. will post 0.73 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
NYAX has been the topic of several research reports. Oppenheimer upgraded shares of Nayax from a "market perform" rating to an "outperform" rating and set a $86.00 price target on the stock in a research report on Wednesday, May 27th. William Blair reiterated an "outperform" rating on shares of Nayax in a research report on Monday, March 9th. Zacks Research cut Nayax from a "hold" rating to a "strong sell" rating in a research note on Wednesday, May 13th. UBS Group upped their price objective on Nayax from $68.00 to $75.00 and gave the company a "neutral" rating in a research report on Wednesday, June 24th. Finally, Wall Street Zen cut Nayax from a "hold" rating to a "sell" rating in a report on Saturday, May 16th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $78.95.
Read Our Latest Research Report on Nayax
Institutional Trading of Nayax
Several institutional investors have recently added to or reduced their stakes in NYAX. Vanguard Group Inc. boosted its position in shares of Nayax by 4,022.5% during the third quarter. Vanguard Group Inc. now owns 548,788 shares of the company's stock valued at $26,210,000 after buying an additional 535,476 shares during the period. AltraVue Capital LLC purchased a new position in Nayax during the 4th quarter valued at $11,623,000. Goldman Sachs Group Inc. grew its position in Nayax by 43.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 294,430 shares of the company's stock valued at $9,966,000 after acquiring an additional 89,886 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in 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 purchasing an additional 72,357 shares during the period. Finally, UBS Group AG boosted its stake in shares of Nayax by 12,665.1% during the fourth quarter. UBS Group AG now owns 57,443 shares of the company's stock valued at $2,907,000 after purchasing an additional 56,993 shares during the period. Institutional investors own 34.87% of the company's stock.
About Nayax
(
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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