Insider Buying: Diebold Nixdorf, Incorporated (NYSE:DBD) CEO Purchases 513 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) CEO Octavio Marquez bought 513 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was acquired at an average price of $38.90 per share, for a total transaction of $19,955.70. Following the completion of the acquisition, the chief executive officer now directly owns 134,674 shares in the company, valued at $5,238,818.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Octavio Marquez also recently made the following trade(s):

• On Wednesday, March 13th, Octavio Marquez bought 1,000 shares of Diebold Nixdorf stock. The stock was purchased at an average cost of $34.27 per share, for a total transaction of $34,270.00.

Diebold Nixdorf Stock Up 1.3 %

Shares of DBD stock traded up $0.50 during trading on Monday, hitting $38.50. 223,991 shares of the company were exchanged, compared to its average volume of 137,718. The business’s 50-day simple moving average is $33.61 and its 200 day simple moving average is $29.31. Diebold Nixdorf, Incorporated has a twelve month low of $16.50 and a twelve month high of $39.76. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.94 and a current ratio of 1.39.

Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings results on Wednesday, February 14th. The technology company reported $3.02 EPS for the quarter, beating the consensus estimate of $1.39 by $1.63. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.02 billion. On average, equities analysts forecast that Diebold Nixdorf, Incorporated will post 3.94 EPS for the current fiscal year.

Institutional Investors Weigh In On Diebold Nixdorf

Several institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. increased its holdings in Diebold Nixdorf by 3.9% in the fourth quarter. Russell Investments Group Ltd. now owns 31,579 shares of the technology company’s stock worth $914,000 after buying an additional 1,178 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in Diebold Nixdorf in the fourth quarter worth approximately $46,000. Public Employees Retirement System of Ohio acquired a new position in shares of Diebold Nixdorf during the 3rd quarter worth $79,000. Citigroup Inc. acquired a new stake in shares of Diebold Nixdorf in the 3rd quarter valued at $135,000. Finally, Cannon Global Investment Management LLC acquired a new position in Diebold Nixdorf during the first quarter worth $276,000. 97.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on DBD shares. Wedbush upgraded shares of Diebold Nixdorf from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $40.00 to $50.00 in a research report on Friday. StockNews.com lowered Diebold Nixdorf from a “buy” rating to a “hold” rating in a research report on Thursday, April 18th.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration, and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.