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A Hedge Fund Just Trimmed $2.7 Million of NCR Voyix. Should You Care?
Yahoo Finance· 2026-03-13 19:43
Company Overview - NCR Voyix is a global provider of technology solutions focused on the retail, hospitality, and financial services sectors, leveraging a broad portfolio of software, hardware, and managed services to enhance customer engagement and streamline operations [5][6] - The company generates revenue through technology sales, recurring service contracts, transaction processing, and managed network services, serving clients across North America, EMEA, and Asia Pacific [6][7] Financial Metrics - Revenue for the trailing twelve months (TTM) is reported at $2.69 million [3] - Net income from continuing operations attributable to NCR Voyix (TTM) is $42 million [3] - Market capitalization stands at $0.932 billion [3] - As of March 12, 2026, the stock price is $6.71 [3] Recent Developments - AREX Capital Management disclosed the sale of 251,536 shares of NCR Voyix, valued at approximately $2.73 million based on quarterly average pricing [1] - Following the sale, AREX's stake in NCR Voyix decreased from about 10.8% to 3.52% of its portfolio, reflecting an overall position decline of $3.44 million [5] - As of February 17, 2026, shares were priced at $9.26, representing a 24.3% decline over the past year, underperforming the S&P 500 by 36.57 percentage points [5]