Stock Analysis

Insiders Sold NCR Voyix At US$20.38, Meanwhile Stock Sits Near US$16.18

NYSE:VYX
Source: Shutterstock

Even though NCR Voyix Corporation (NYSE:NCR) has fallen by 39% over the past week , insiders who sold US$265k worth of stock over the past year have had less luck. Insiders might have been better off holding onto their shares, given that the average selling price of US$20.38 is still below the current share price.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for NCR Voyix

NCR Voyix Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Adrian Button, for US$265k worth of shares, at about US$20.38 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of US$16.18. So it may not shed much light on insider confidence at current levels. Adrian Button was the only individual insider to sell shares in the last twelve months.

The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NYSE:NCR Insider Trading Volume October 18th 2023

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 1.7% of NCR Voyix shares, worth about US$38m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About NCR Voyix Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. Still, the insider transactions at NCR Voyix in the last 12 months are not very heartening. But we do like the fact that insiders own a fair chunk of the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing NCR Voyix. To help with this, we've discovered 4 warning signs (1 is concerning!) that you ought to be aware of before buying any shares in NCR Voyix.

Of course NCR Voyix may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Valuation is complex, but we're here to simplify it.

Discover if NCR Voyix might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.