Nayax (NASDAQ:NYAX) CEO Yair Nechmad Purchases 104,511 Shares of Company Stock

Nayax Ltd. (NASDAQ:NYAX) CEO Yair Nechmad acquired 104,511 shares of the company’s stock in a transaction dated Thursday, September 24th. The stock was acquired at an average cost of $44.09 per share, for a total transaction of $4,607,889.99. Following the completion of the purchase, the chief executive officer directly owned 7,433,558 shares in the company, valued at $327,745,572.22. This trade represents a 1.43% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nayax Trading Up 5.0%

Shares of NYAX stock opened at $44.75 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.03 and a current ratio of 2.12. Nayax Ltd. has a fifty-two week low of $39.17 and a fifty-two week high of $76.86. The stock has a 50 day simple moving average of $55.17 and a two-hundred day simple moving average of $61.24. The company has a market cap of $1.64 billion, a P/E ratio of 213.10 and a beta of 0.43.

Nayax (NASDAQ:NYAX) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. The business had revenue of $122.59 million during the quarter, compared to analysts’ expectations of $116.75 million. Nayax had a net margin of 1.74% and a return on equity of 10.45%. Research analysts forecast that Nayax Ltd. will post 0.75 earnings per share for the current year.

Hedge Funds Weigh In On Nayax

Several large investors have recently modified their holdings of NYAX. Public Employees Retirement System of Ohio purchased a new stake in shares of Nayax during the 2nd quarter valued at approximately $239,000. Bank of America Corp DE grew its stake in Nayax by 1,607.2% in the 1st quarter. Bank of America Corp DE now owns 9,270 shares of the company’s stock valued at $519,000 after buying an additional 8,727 shares in the last quarter. Tidal Investments LLC bought a new stake in Nayax during the 2nd quarter valued at $650,000. Altshuler Shaham Ltd lifted its position in shares of Nayax by 140.0% during the fourth quarter. Altshuler Shaham Ltd now owns 34,489 shares of the company’s stock worth $1,742,000 after acquiring an additional 20,121 shares in the last quarter. Finally, AltraVue Capital LLC purchased a new stake in shares of Nayax during the fourth quarter worth $11,623,000. Hedge funds and other institutional investors own 34.87% of the company’s stock.

More Nayax News

Here are the key news stories impacting Nayax this week:

• Positive Sentiment: CEO Yair Nechmad purchased 104,511 shares at an average price of $44.09, investing approximately $4.61 million and increasing his direct ownership by 1.43%. The purchase is a notable signal of management confidence in Nayax’s long-term prospects. CEO insider purchase filing
• Positive Sentiment: Director David Ben-Avi made four additional purchases between September 17 and September 24, acquiring a combined 3,368 shares for roughly $145,000. Although small relative to his existing stake, the repeated buying adds to the overall insider-confidence signal. Nayax insider buying report
• Positive Sentiment: Nayax’s latest quarterly results exceeded expectations, with earnings per share of $0.14 versus a $0.09 consensus estimate and revenue of $122.59 million versus expectations of $116.75 million. This provides fundamental support for the recent buying interest.
• Neutral Sentiment: A report stated that short interest totaled zero shares, implying no days to cover. Because the figure conflicts with the description of a “large increase” in short interest, investors should treat the data cautiously until confirmed.
• Neutral Sentiment: Institutional ownership is 34.87%, with several funds recently initiating or increasing positions. This suggests some professional-investor interest but does not establish a broad consensus.
• Negative Sentiment: The shares remain substantially below their 52-week high and below both the 50-day and 200-day moving averages. Nayax also trades at a very elevated earnings multiple, while the analyst consensus remains “Hold,” with target-price reductions from some firms.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on NYAX. Keefe, Bruyette & Woods upgraded shares of Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 target price on the stock in a report on Friday, August 14th. Weiss Ratings downgraded Nayax from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday. Barclays lowered their price target on Nayax from $75.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. UBS Group reissued a “neutral” rating and set a $70.00 price target on shares of Nayax in a research report on Tuesday, August 11th. Finally, Zacks Research raised Nayax from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 1st. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $75.76.

Nayax Company Profile

Nayax Ltd. (NASDAQ: NYAX) is a global financial technology and commerce enablement company that provides payment processing, management software and business intelligence solutions for unattended and self-service markets. Its platform helps businesses accept and manage cashless transactions while monitoring equipment, customer activity and operational performance.

The company’s products and services are used across industries including vending, electric vehicle charging, fuel and convenience retail, parking, laundromats, hospitality and other automated retail environments.