Andrea Ledford Sells 30,413 Shares of NCR Corp. (NCR) Stock
NCR Corp. (NYSE:NCR) CAO Andrea Ledford sold 30,413 shares of the business’s stock in a transaction on Monday, November 14th. The stock was sold at an average price of $37.83, for a total transaction of $1,150,523.79. Following the completion of the sale, the chief accounting officer now owns 106,246 shares of the company’s stock, valued at $4,019,286.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Andrea Ledford also recently made the following trade(s):
- On Tuesday, August 23rd, Andrea Ledford sold 6,455 shares of NCR Corp. stock. The stock was sold at an average price of $34.02, for a total transaction of $219,599.10.
NCR Corp. (NYSE:NCR) opened at 39.00 on Friday. The stock has a 50 day moving average of $33.18 and a 200-day moving average of $31.45. The firm has a market cap of $4.84 billion, a PE ratio of 26.00 and a beta of 1.85. NCR Corp. has a 52 week low of $18.02 and a 52 week high of $39.32.
NCR Corp. (NYSE:NCR) last released its earnings results on Tuesday, October 25th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.06. NCR Corp. had a net margin of 3.75% and a return on equity of 73.31%. The business earned $1.68 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the business earned $0.78 earnings per share. The firm’s revenue was up 4.0% on a year-over-year basis. Analysts expect that NCR Corp. will post $3.00 earnings per share for the current year.
Several institutional investors have recently added to or reduced their stakes in the stock. Nuveen Asset Management LLC boosted its position in NCR Corp. by 195.8% in the first quarter. Nuveen Asset Management LLC now owns 260,406 shares of the company’s stock valued at $7,794,000 after buying an additional 172,373 shares in the last quarter. AMP Capital Investors Ltd purchased a new position in NCR Corp. during the first quarter valued at $1,713,000. Jacobs Levy Equity Management Inc. boosted its position in NCR Corp. by 172.8% in the first quarter. Jacobs Levy Equity Management Inc. now owns 180,156 shares of the company’s stock valued at $5,392,000 after buying an additional 114,126 shares in the last quarter. A.R.T. Advisors LLC purchased a new position in NCR Corp. during the first quarter valued at $2,410,000. Finally, Panagora Asset Management Inc. boosted its position in NCR Corp. by 23.2% in the first quarter. Panagora Asset Management Inc. now owns 598,655 shares of the company’s stock valued at $17,918,000 after buying an additional 112,696 shares in the last quarter. 84.86% of the stock is owned by institutional investors and hedge funds.
A number of brokerages have recently weighed in on NCR. Zacks Investment Research upgraded shares of NCR Corp. from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a research note on Thursday, October 27th. JPMorgan Chase & Co. upped their target price on shares of NCR Corp. from $37.00 to $41.00 and gave the company an “overweight” rating in a research note on Monday, August 15th. TheStreet upgraded shares of NCR Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, July 27th. Finally, Wedbush upped their target price on shares of NCR Corp. from $20.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, July 27th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. NCR Corp. has a consensus rating of “Buy” and a consensus target price of $33.00.
About NCR Corp.
NCR Corporation is a technology company that provides products and services that enable businesses to connect, interact and transact with their customers. The Company operates through four segments: Financial Services, Retail Solutions, Hospitality and Emerging Industries. Its portfolio of self-service and assisted-service solutions serve customers in the financial services, retail, hospitality, travel and telecommunications and technology industries.
Receive News & Stock Ratings for NCR Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCR Corp. and related stocks with our FREE daily email newsletter.