The Vanguard Group, Inc. has recently announced that it has increased stake in NCR Voyix Corp (NYSE:VYX) by 0.57%. After grabbing 14.13 million shares, the institutional investor is now in possession of 80600.0 shares of the Technology Company. The new investment brought the stake of investor firm to 10.01% having worth around $221.56 million. Moreover, Dimensional Fund Advisors LP increased its share by 0.25 million to have a control over 3.75 million shares. And PGIM Quantitative Solutions LLC raised its holdings to 0.23 million shares by acquiring 3.3 million shares or 2.34% of the stake.
NCR Voyix Corp (VYX) concluded trading on December 20, 2023 at a closing price of $16.34, with 3.65 million shares of worth about $59.6 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.34% during that period and On Wednesday the price saw a gain of about 0.55%. Currently the company’s common shares owned by public are about 138.00M shares, out of which, 134.08M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 50 times over the past 12 months. They bought 552,139 shares in 32 of the transactions. In 18 selling transactions, insiders dumped 408,073 shares.
Vanguard Total Stock Market ETF, iShares Core S&P Mid Cap ETF, and Undiscovered Managers Behavioral are the top 3 mutual funds which are holding stakes in NCR Voyix Corp Vanguard Total Stock Market ETF is currently holding 4.16 million shares of worth totaling $65.22 million. The company recently came buying 38066.0 shares which brought its stake up to 2.95% of the company’s outstanding shares. iShares Core S&P Mid Cap ETF bought 732.0 shares, after which its hold over company’s outstanding shares expand to 2.92%, leaving 4.13 million shares with the mutual fund that have a worth of about $64.74 million. Undiscovered Managers Behavioral, after selling 3.94 million shares, have now control over 2.79% of the stake in the company. It holds 30300.0 shares of worth $61.76 million.
However, the stock later moved at a day high price of 16.72, or with a gain of 0.55%. Stock saw a price change of 5.49% in past 5 days and over the past one month there was a price change of 2.70%. Year-to-date (YTD), VYX shares are showing a performance of 13.80% which increased to 17.93% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.99 but also hit the highest price of $19.01 during that period. The average intraday trading volume for NCR Voyix Corp shares is 2.12 million. The stock is currently trading 3.73% above its 20-day simple moving average (SMA20), while that difference is up 3.37% for SMA50 and it goes to 4.92% higher than SMA200.
The Vanguard Group, Inc. acquired 14.13 million shares of NCR Voyix Corp having value of about $221.56 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 80600.0 shares in the company valued at close to $1317004.0, or have control over 0.57% stake in the company. NCR Voyix Corp (NYSE: VYX) currently have 138.00M outstanding shares and institutions hold larger chunk of about 90.46% of that. Holding of mutual funds in the company is about 44.71% while other institutional holders and individual stake holders have control over 45.87% and 17.85% of the stake respectively.
The stock has a current market capitalization of $2.31B and its 3Y-monthly beta is at 1.62. It has posted earnings per share of -$0.91 in the same period. It has Quick Ratio of 0.88 while making debt-to-equity ratio of 4.77. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VYX, volatility over the week remained 3.05% while standing at 2.92% over the month.
Analysts are in expectations that NCR Voyix Corp (VYX) stock would likely to be making an EPS of $0.45 in the current quarter, while forecast for next quarter EPS is $0.57 and it is $1.8 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.3 which is $0.59 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.79 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 61.05% while it is estimated to decrease by -2.27% in next year. EPS is likely to grow at an annualized rate of 4.00% for next 5-years, compared to annual growth of -20.29% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on December 04, 2023 offering a Buy rating for the stock and assigned a target price of $22 to it.
