Diebold Nixdorf (NYSE:DBD) Major Shareholder Sells 228,723 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 228,723 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $83.95, for a total value of $19,201,295.85. Following the completion of the transaction, the insider owned 4,207,173 shares of the company’s stock, valued at approximately $353,192,173.35. The trade was a 5.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Millstreet Capital Management also recently made the following trade(s):

• On Thursday, June 25th, Millstreet Capital Management sold 2,741 shares of Diebold Nixdorf stock. The shares were sold at an average price of $85.06, for a total value of $233,149.46.
• On Monday, June 8th, Millstreet Capital Management sold 88,334 shares of Diebold Nixdorf stock. The stock was sold at an average price of $82.99, for a total transaction of $7,330,838.66.
• On Thursday, April 16th, Millstreet Capital Management sold 60,833 shares of Diebold Nixdorf stock. The stock was sold at an average price of $84.77, for a total transaction of $5,156,813.41.
• On Wednesday, April 15th, Millstreet Capital Management sold 51,472 shares of Diebold Nixdorf stock. The stock was sold at an average price of $85.43, for a total transaction of $4,397,252.96.
• On Wednesday, April 8th, Millstreet Capital Management sold 399,929 shares of Diebold Nixdorf stock. The shares were sold at an average price of $82.42, for a total transaction of $32,962,148.18.

Diebold Nixdorf Stock Performance

Shares of DBD stock traded up $0.36 during trading hours on Friday, hitting $84.92. The company’s stock had a trading volume of 620,503 shares, compared to its average volume of 367,615. The stock has a market cap of $2.94 billion, a PE ratio of 28.79 and a beta of 1.13. Diebold Nixdorf, Incorporated has a 12-month low of $53.93 and a 12-month high of $89.05. The company has a 50 day moving average of $80.13 and a 200 day moving average of $75.63. The company has a current ratio of 1.28, a quick ratio of 0.89 and a debt-to-equity ratio of 0.92.

Diebold Nixdorf (NYSE:DBD) last issued its earnings results on Thursday, April 30th. The technology company reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.01). The business had revenue of $888.20 million for the quarter, compared to analysts’ expectations of $846.23 million. Diebold Nixdorf had a return on equity of 18.82% and a net margin of 2.80%.Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. On average, sell-side analysts forecast that Diebold Nixdorf, Incorporated will post 5.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, DA Davidson reiterated a “buy” rating and set a $100.00 price target on shares of Diebold Nixdorf in a research report on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Diebold Nixdorf currently has a consensus rating of “Buy” and a consensus target price of $100.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of Diebold Nixdorf by 15.8% during the 1st quarter. Bank of America Corp DE now owns 122,840 shares of the technology company’s stock worth $9,267,000 after acquiring an additional 16,751 shares in the last quarter. Janus Henderson Group PLC grew its position in Diebold Nixdorf by 1,815.0% in the first quarter. Janus Henderson Group PLC now owns 126,387 shares of the technology company’s stock worth $9,535,000 after acquiring an additional 119,787 shares during the period. California State Teachers Retirement System raised its holdings in Diebold Nixdorf by 40.6% in the 1st quarter. California State Teachers Retirement System now owns 20,587 shares of the technology company’s stock valued at $1,553,000 after buying an additional 5,944 shares during the period. Quantinno Capital Management LP boosted its position in shares of Diebold Nixdorf by 28.3% during the 1st quarter. Quantinno Capital Management LP now owns 19,548 shares of the technology company’s stock worth $1,475,000 after purchasing an additional 4,310 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in Diebold Nixdorf by 17.4% during the first quarter. Lazard Asset Management LLC now owns 97,001 shares of the technology company’s stock worth $7,318,000 after purchasing an additional 14,389 shares in the last quarter. Hedge funds and other institutional investors own 97.04% of the company’s stock.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.