5 Investors Betting Big on Diebold Nixdorf (DBD) Stock

  • Shares of Diebold Nixdorf (DBD) are down more than 55% in today’s session.
  • This comes as the company highlighted liquidity concerns in its shareholder letter.
  • Here are the five largest institutional holders of DBD stock right now.
DBD stock - 5 Investors Betting Big on Diebold Nixdorf (DBD) Stock

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One of the biggest movers in today’s market is Diebold Nixdorf (NYSE:DBD). Unfortunately for investors, that’s because DBD stock has plunged more than 55% in today’s session.

As fellow InvestorPlace contributor William White pointed out in a recent piece, this decline is tied to the release of the company’s annual shareholder letter. In this letter, the company outlined various liquidity concerns that have investors hitting sell today.

Additionally, the company filed a proxy statement ahead of its shareholder meeting. This statement indicates that the company could look to raise its authorized share count in a bid to shore up liquidity.

As a company with close ties to the banking sector, any discussion around liquidity isn’t a good thing. Indeed, over the past week, we’ve seen some rather notable banks collapse. Accordingly, expectations that smaller-cap companies could see a similar fate have shares of DBD stock sinking in today’s session.

With that said, let’s dive into which institutional investors may have the most exposure to this company right now.

Top Five Investors in DBD Stock

According to Yahoo Finance, here are the top five institutional investors in Diebold Nixdorf:

  • Vanguard owns 4.9 million shares or 6.3% of the company.
  • Blackrock (NYSE:BLK) owns 4.5 million shares or 5.7% of the company.
  • Millenium Management, LLC owns 4 million shares or 5% of the company.
  • Sapience Investments, LLC owns 3.9 million shares or 4.9% of the company.
  • Beach Point Capital Management owns 2.9 million shares or 3.7% of the company.

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On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Chris MacDonald’s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

Article printed from InvestorPlace Media, https://investorplace.com/2023/03/5-investors-betting-big-on-diebold-nixdorf-dbd-stock/.

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