Nayax Ltd. (NASDAQ:NYAX) Shares Purchased by Baillie Gifford & Co.

Baillie Gifford & Co. raised its stake in shares of Nayax Ltd. (NASDAQ:NYAX) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 51,247 shares of the company’s stock after buying an additional 1,161 shares during the quarter. Baillie Gifford & Co. owned about 0.14% of Nayax worth $1,517,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Barclays PLC grew its holdings in Nayax by 5,526.8% during the 3rd quarter. Barclays PLC now owns 2,307 shares of the company’s stock valued at $58,000 after buying an additional 2,266 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Nayax during the 3rd quarter worth $69,000. ARK Investment Management LLC lifted its stake in shares of Nayax by 1.7% during the 3rd quarter. ARK Investment Management LLC now owns 86,869 shares of the company’s stock worth $2,261,000 after purchasing an additional 1,445 shares during the period. Azora Capital LP lifted its stake in shares of Nayax by 4.9% during the 3rd quarter. Azora Capital LP now owns 100,685 shares of the company’s stock worth $2,583,000 after purchasing an additional 4,724 shares during the period. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Nayax by 184.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 177,874 shares of the company’s stock worth $4,638,000 after purchasing an additional 115,262 shares during the period. Institutional investors and hedge funds own 34.87% of the company’s stock.

Nayax Trading Up 0.6 %

Shares of NYAX opened at $39.78 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 1.16 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $1.41 billion, a P/E ratio of -128.32 and a beta of 0.02. The stock’s fifty day simple moving average is $33.31 and its 200 day simple moving average is $28.53. Nayax Ltd. has a twelve month low of $20.31 and a twelve month high of $40.70.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on NYAX shares. B. Riley started coverage on Nayax in a research note on Tuesday, November 19th. They set a “buy” rating and a $38.00 price target on the stock. Keefe, Bruyette & Woods increased their price target on Nayax from $28.00 to $30.00 and gave the stock a “market perform” rating in a research note on Monday, December 9th. Finally, Jefferies Financial Group raised Nayax from a “hold” rating to a “buy” rating in a research note on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Nayax has a consensus rating of “Moderate Buy” and an average target price of $31.25.

Nayax Company Profile

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.