In a filing, Diebold Nixdorf Inc revealed its 10% Owner Millstreet Capital Management unloaded Company’s shares for reported $19.12 million on May 23 ’24. In the deal valued at $42.50 per share,450,000 shares were sold. As a result of this transaction, Millstreet Capital Management now holds 6,027,361 shares worth roughly $231.93 million.
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Then, Baur Frank Tobias bought 4,200 shares, generating $165,732 in total proceeds. Upon buying the shares at $39.46, the EVP of Operational Excellence now owns 23,112 shares.
Before that, Marquez Octavio bought 513 shares. Diebold Nixdorf Inc shares valued at $19,958 were divested by the President and CEO at a price of $38.90 per share. As a result of the transaction, Marquez Octavio now holds 134,674 shares, worth roughly $5.18 million.
Wedbush upgraded its Diebold Nixdorf Inc [DBD] rating to an Outperform from a a Neutral in a research note published on May 03, 2024; the price target was increased to $50 from $40. A number of analysts have revised their coverage, including DA Davidson’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “a Buy”. DA Davidson began covering DBD with “Neutral” recommendation on August 15, 2023.
Price Performance Review of DBD
On Friday, Diebold Nixdorf Inc [NYSE:DBD] saw its stock jump 3.27% to $38.48. Over the last five days, the stock has gained 0.47%. Diebold Nixdorf Inc shares have risen nearly 32.92% since the year began. SMA at 50 days reached $39.31, while 200 days put it at $30.19. A total of 4.26 million shares were traded, compared to the trading of 0.3 million shares in the previous session.
Levels Of Support And Resistance For DBD Stock
The 24-hour chart illustrates a support level at 37.51, which if violated will result in even more drops to 36.53. On the upside, there is a resistance level at 39.03. A further resistance level may holdings at 39.57. The Relative Strength Index (RSI) on the 14-day chart is 44.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.29%. Stochastics%K at 37.34% indicates the stock is a holding.
