Nayax Ltd. $NYAX Stock Sold by Phoenix Financial Ltd.

Phoenix Financial Ltd. lowered its position in Nayax Ltd. (NASDAQ:NYAX) by 6.4% during the third quarter, HoldingsChannel.com reports. The firm owned 435,455 shares of the company’s stock after selling 29,824 shares during the quarter. Phoenix Financial Ltd.’s holdings in Nayax were worth $20,776,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tidal Investments LLC acquired a new position in Nayax in the 2nd quarter worth about $650,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Nayax during the 2nd quarter worth about $239,000. Bank of America Corp DE raised its stake in shares of Nayax by 1,607.2% during the 1st quarter. Bank of America Corp DE now owns 9,270 shares of the company’s stock worth $519,000 after purchasing an additional 8,727 shares in the last quarter. Finally, Altshuler Shaham Ltd lifted its holdings in shares of Nayax by 5.0% during the 1st quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company’s stock valued at $2,026,000 after buying an additional 1,731 shares during the last quarter. Hedge funds and other institutional investors own 34.87% of the company’s stock.

Insider Buying and Selling

In related news, CEO Yair Nechmad purchased 44,148 shares of the stock in a transaction on Wednesday, September 30th. The shares were bought at an average price of $47.84 per share, for a total transaction of $2,112,040.32. Following the completion of the acquisition, the chief executive officer directly owned 7,524,641 shares in the company, valued at approximately $359,978,825.44. This trade represents a 0.59% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gal Omer sold 1,500 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $45.17, for a total value of $67,755.00. Following the transaction, the insider owned 18,539 shares in the company, valued at approximately $837,406.63. This trade represents a 7.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders purchased 198,962 shares of company stock worth $8,972,432 and sold 3,141 shares worth $145,536.

Nayax News Summary

Here’s some of the latest news about NYAX:

• Positive Sentiment: Nayax reported Q3 EPS of $0.34, above the $0.15 consensus estimate. Shares were reported to have gapped up after the results, suggesting the earnings beat supported investor sentiment. Nayax Shares Gap Up on Earnings Beat
• Positive Sentiment: Q3 coverage highlighted margin gains, and an analysis considered whether the results and IPS Group acquisition could leave the stock undervalued. These factors may support the investment case, though the article title does not establish a firm conclusion. Nayax Q3 2026: Margin Gains Offset a Revenue Miss Is Nayax Undervalued On Q3 Results And Its IPS Group Acquisition?
• Negative Sentiment: Barclays cut its price target to $60 from $68 and kept an Equal Weight rating; UBS lowered its target to $66 from $70 and maintained Neutral. The reductions signal more cautious expectations, although both targets remain above the $51.05 reference price. Barclays rating and target UBS target adjustment

Nayax Stock Down 2.2%

Shares of NASDAQ:NYAX traded down $1.13 on Friday, reaching $51.05. The company had a trading volume of 32,442 shares, compared to its average volume of 24,650. The stock has a market capitalization of $1.87 billion, a P/E ratio of 567.22 and a beta of 0.46. The stock has a 50-day moving average price of $47.36 and a 200 day moving average price of $58.01. Nayax Ltd. has a twelve month low of $39.17 and a twelve month high of $76.86. The company has a quick ratio of 2.03, a current ratio of 2.12 and a debt-to-equity ratio of 1.43.

Nayax (NASDAQ:NYAX) last issued its quarterly earnings data on Wednesday, November 11th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.19. Nayax had a return on equity of 14.59% and a net margin of 0.68%. The business had revenue of $128.04 million for the quarter, compared to analyst estimates of $134.35 million. On average, equities analysts expect that Nayax Ltd. will post 0.91 EPS for the current year.

Wall Street Analysts Forecast Growth

NYAX has been the subject of several recent research reports. Weiss Ratings raised Nayax from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday. UBS Group cut their price objective on shares of Nayax from $70.00 to $66.00 and set a “neutral” rating on the stock in a research report on Thursday. Barclays decreased their target price on shares of Nayax from $68.00 to $60.00 and set an “equal weight” rating for the company in a research report on Thursday. Keefe, Bruyette & Woods upgraded shares of Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 price target on the stock in a research note on Friday, August 14th. Finally, Jefferies Financial Group began coverage on shares of Nayax in a report on Wednesday, October 7th. They set a “buy” rating and a $68.30 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $71.06.

Nayax Profile

Nayax Ltd. is a financial technology and commerce platform company focused on unattended and self-service retail. Its offerings combine cashless payment processing with business management and consumer-engagement tools. The company provides payment devices and software that support cashless transactions, remote monitoring, sales reporting and loyalty programs. Its solutions serve operators in markets such as vending, self-service laundries, micro markets and other unattended retail settings. Founded in 2005 and headquartered in Israel, Nayax serves merchants and operators in markets around the world.