Diebold Nixdorf (NYSE:DBD) Major Shareholder Millstreet Capital Management Sells 2,741 Shares of Stock

Diebold Nixdorf, Incorporated (NYSE:DBD) major shareholder Millstreet Capital Management sold 2,741 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $85.06, for a total transaction of $233,149.46. Following the sale, the insider directly owned 4,204,432 shares in the company, valued at approximately $357,628,985.92. This trade represents a 0.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, June 24th, Millstreet Capital Management sold 228,723 shares of Diebold Nixdorf stock. The stock was sold at an average price of $83.95, for a total transaction of $19,201,295.85.
• On Monday, June 8th, Millstreet Capital Management sold 88,334 shares of Diebold Nixdorf stock. The shares were 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 shares were 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 Trading Up 0.4%

Shares of DBD stock opened at $84.92 on Friday. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 28.79 and a beta of 1.13. The company’s fifty day simple moving average is $80.13 and its two-hundred day simple moving average is $75.69. Diebold Nixdorf, Incorporated has a 1 year low of $53.93 and a 1 year high of $89.05. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.28 and a quick ratio of 0.89.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. William Blair Investment Management LLC lifted its position in Diebold Nixdorf by 12.1% during the third quarter. William Blair Investment Management LLC now owns 1,819,728 shares of the technology company’s stock valued at $103,779,000 after purchasing an additional 197,086 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Diebold Nixdorf by 16.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,148,962 shares of the technology company’s stock worth $86,672,000 after buying an additional 165,324 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Diebold Nixdorf by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 736,081 shares of the technology company’s stock valued at $49,983,000 after buying an additional 11,142 shares in the last quarter. Irenic Capital Management LP raised its position in shares of Diebold Nixdorf by 8.5% during the 4th quarter. Irenic Capital Management LP now owns 644,057 shares of the technology company’s stock valued at $43,725,000 after buying an additional 50,596 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Diebold Nixdorf by 20.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 519,201 shares of the technology company’s stock worth $39,169,000 after acquiring an additional 88,534 shares during the last quarter. 97.04% of the stock is currently owned by institutional investors.

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 research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $100.00.

About Diebold Nixdorf

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.