Diebold Nixdorf Pick of the Week at Smart Insider After Executives' Shares Purchases
Diebold Nixdorf (DBD) was Smart Insider's stock pick of the week after Chief Revenue Officer Jonathan Myers and Chief Financial Officer Thomas Timko purchased a combined $150,000 worth of stock on May 22.Myers, CRO since January, bought $100,000 of stock at $73.41 apiece through direct purchase, increasing his stake in the company by 3%, Smart Insider said in a Tuesday note.Timko, CFO since February, purchased $50,000 of stock on the same day, marking his third purchase of this size, according to the note.Smart Insider described the executive trades as "encouraging and unusual" purchases into price strength.These trades are notable as Myers' purchase marked his first since joining the company in 2022, while Timko last purchased the stock at $41 apiece in November 2024 and is currently buying it at a price 80% higher, according to the note.Smart Insider ranked the stock +1, indicating strong positive signal.Shares of Diebold Nixdorf fell 1.2% in Wednesday trading.Price: $81.28, Change: $-0.96, Percent Change: -1.16%
