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Diebold Nixdorf Inc (DBD) receives an Outperform rating from Wedbush

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Diebold Nixdorf Inc’s recent filing unveils that its EVP of Operational Excellence Baur Frank Tobias acquired Company’s shares for reported $0.22 million on Nov 12 ’24. In the deal valued at $41.42 per share,5,310 shares were bought. As a result of this transaction, Baur Frank Tobias now holds 29,572 shares worth roughly $1.32 million.

Then, Timko Thomas S bought 360 shares, generating $14,670 in total proceeds. Upon buying the shares at $40.75, the EVP, CFO now owns 48,579 shares.

Before that, Marquez Octavio bought 1,690 shares. Diebold Nixdorf Inc shares valued at $69,019 were divested by the President and CEO at a price of $40.84 per share. As a result of the transaction, Marquez Octavio now holds 137,464 shares, worth roughly $6.12 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 3.42% to $44.49. Over the last five days, the stock has gained 8.35%. Diebold Nixdorf Inc shares have risen nearly 3.37% since the year began. Nevertheless, the stocks have risen 52.36% over the past one year. While a 52-week high of $51.81 was reached on 01/17/25, a 52-week low of $28.16 was recorded on 01/13/25. SMA at 50 days reached $44.25, while 200 days put it at $41.64.

Levels Of Support And Resistance For DBD Stock

The 24-hour chart illustrates a support level at 43.76, which if violated will result in even more drops to 43.03. On the upside, there is a resistance level at 44.99. A further resistance level may holdings at 45.49. The Relative Strength Index (RSI) on the 14-day chart is 55.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.56%. Stochastics %K at 85.97% indicates the stock is a selling.

How much short interest is there in Diebold Nixdorf Inc?

A steep rise in short interest was recorded in Diebold Nixdorf Inc stocks on 2024-12-31, dropping by -0.14 million shares to a total of 0.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.96 million shares. There was a decline of -16.97%, which implies that there is a negative sentiment for the stock.

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