Andrew R. DuVall, the Chief Accounting Officer of NCR (NYSE:VYX) Atleos Corp (NYSE:NATL), recently sold 450 shares of the company. The transaction, which took place on December 6, 2024, was executed at a price of $33.48 per share, amounting to a total sale value of $15,065. The stock has shown remarkable strength, gaining over 56% in the past year and currently trades near its 52-week high of $35.29. Following this sale, DuVall holds approximately 16,176 shares in the company. NCR Atleos Corp, known for its work in the calculating and accounting machines industry, continues to have its headquarters in Atlanta, Georgia. With a market capitalization of $2.4 billion and its next earnings report scheduled for February 12, 2025, investors seeking deeper insights can access additional analysis through InvestingPro, which offers 12 more exclusive tips about NATL's performance and outlook.
In other recent news, NCR Atleos Corp has secured $400 million in new financing, increasing its financial flexibility. The company's Q2 earnings surpassed expectations with an adjusted earnings per share (EPS) of $0.81, though the revenue of $1.1 billion was slightly below anticipated figures. In light of these results, NCR Atleos has revised its full-year 2024 guidance to an EPS of $2.90-$3.20 on revenue of $4.26-4.34 billion.
Analysts have also been active, with DA Davidson maintaining its Buy rating on NCR Atleos and Stifel setting a $31 price target with a Hold rating, while Goldman Sachs held a neutral stance. These ratings reflect the analysts' appraisal of recent developments and their expectations for the company's future.
On the operational front, NCR Atleos introduced a feature allowing LibertyX customers to sell bitcoin and withdraw cash from ATMs across the U.S., simplifying transactions from digital to physical currency. The company is also advancing its ATM as a Service (ATMaaS) strategy, successfully transitioning 1,300 units in Q2. These developments are part of NCR Atleos' ongoing strategic transition and financial performance.
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