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HomeMarketResultsStock Traders Purchase High Volume of NCR Call Options (NYSE:NCR)

Stock Traders Purchase High Volume of NCR Call Options (NYSE:NCR)


NCR Co. (NYSE:NCRGet Rating) was the recipient of unusually giant choices buying and selling on Thursday. Inventory traders bought 8,051 name choices on the inventory. This is a rise of 99% in comparison with the typical day by day quantity of 4,051 name choices.

Insider Shopping for and Promoting

In different information, Director Joseph E. Reece acquired 5,000 shares of NCR inventory in a transaction that occurred on Wednesday, November ninth. The inventory was bought at a median value of $20.82 per share, with a complete worth of $104,100.00. Following the completion of the acquisition, the director now owns 23,018 shares within the firm, valued at roughly $479,234.76. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which is accessible by the SEC website. In different NCR information, EVP Adrian Button offered 13,000 shares of the agency’s inventory in a transaction on Friday, October twenty eighth. The inventory was offered at a median value of $20.38, for a complete transaction of $264,940.00. Following the completion of the transaction, the chief vp now owns 44,466 shares of the corporate’s inventory, valued at $906,217.08. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is accessible by this link. Additionally, Director Joseph E. Reece bought 5,000 shares of the corporate’s inventory in a transaction on Wednesday, November ninth. The shares have been purchased at a median value of $20.82 per share, with a complete worth of $104,100.00. Following the transaction, the director now straight owns 23,018 shares of the corporate’s inventory, valued at roughly $479,234.76. The disclosure for this buy will be discovered here. 7.10% of the inventory is at the moment owned by insiders.

Institutional Traders Weigh In On NCR

Institutional traders have just lately added to or lowered their stakes within the firm. Lecturers Retirement System of The State of Kentucky acquired a brand new place in shares of NCR in the course of the third quarter value about $360,000. California State Lecturers Retirement System lifted its stake in shares of NCR by 24.1% in the course of the third quarter. California State Lecturers Retirement System now owns 209,372 shares of the knowledge expertise companies supplier’s inventory value $3,980,000 after buying a further 40,727 shares within the final quarter. M&T Financial institution Corp lifted its stake in shares of NCR by 14.1% in the course of the third quarter. M&T Financial institution Corp now owns 17,530 shares of the knowledge expertise companies supplier’s inventory value $333,000 after buying a further 2,164 shares within the final quarter. Captrust Monetary Advisors lifted its stake in shares of NCR by 73.4% in the course of the third quarter. Captrust Monetary Advisors now owns 15,920 shares of the knowledge expertise companies supplier’s inventory value $303,000 after buying a further 6,740 shares within the final quarter. Lastly, United Companies Car Affiliation lifted its stake in shares of NCR by 4.2% in the course of the third quarter. United Companies Car Affiliation now owns 14,721 shares of the knowledge expertise companies supplier’s inventory value $279,000 after buying a further 600 shares within the final quarter. Hedge funds and different institutional traders personal 92.99% of the corporate’s inventory.

Analysts Set New Worth Targets

A number of analysis companies have weighed in on NCR. DA Davidson dropped their value goal on NCR from $45.00 to $35.00 in a analysis report on Thursday, October twenty seventh. StockNews.com initiated protection on NCR in a analysis report on Wednesday, October twelfth. They issued a “maintain” score for the corporate. Morgan Stanley lowered their value goal on NCR from $27.00 to $24.00 and set an “equal weight” score for the corporate in a analysis report on Monday, October seventeenth. Lastly, Stephens lifted their value goal on NCR from $28.00 to $32.00 and gave the corporate an “chubby” score in a analysis report on Thursday, December eighth.

NCR Buying and selling Up 3.0 %

NCR stock traded up $0.69 throughout buying and selling on Thursday, reaching $23.33. 13,842 shares of the inventory traded fingers, in comparison with its common quantity of 994,875. The enterprise’s 50 day shifting common value is $22.24 and its 200-day shifting common value is $26.42. NCR has a 52-week low of $18.06 and a 52-week excessive of $44.59. The corporate has a debt-to-equity ratio of three.88, a present ratio of 1.15 and a fast ratio of 0.85. The agency has a market capitalization of $3.21 billion, a PE ratio of 26.02 and a beta of 1.69.

NCR (NYSE:NCRGet Rating) final posted its quarterly earnings outcomes on Tuesday, October twenty fifth. The data expertise companies supplier reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.02. NCR had a return on fairness of 27.28% and a web margin of 1.78%. The agency had income of $1.97 billion in the course of the quarter, in comparison with the consensus estimate of $2 billion. Throughout the identical quarter within the earlier 12 months, the enterprise earned $0.69 earnings per share. The agency’s quarterly income was up 3.7% in comparison with the identical quarter final 12 months. As a bunch, sell-side analysts forecast that NCR will submit 2.59 earnings per share for the present 12 months.

About NCR

(Get Rating)

NCR Company gives varied software program and companies worldwide. It operates by Banking, Retail, Hospitality, and Telecommunications and Know-how segments. The corporate provides managed companies and ATM-as-a-Service that permit banks to run their end-to-end ATM channels; software program, companies, and {hardware}; and digital banking options for monetary establishment’s shopper and enterprise clients.

Additional Studying

This on the spot information alert was generated by narrative science expertise and monetary knowledge from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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