Nayax (NASDAQ:NYAX) Shares Gap Up After Insider Buying Activity

26 Sep 2026, 05:42 by Amy Steele · The Cerbat Gem

Nayax Ltd. (NASDAQ:NYAX – Get Free Report) gapped up before the market opened on Thursday after an insider bought additional shares in the company. The stock had previously closed at $42.63, but opened at $43.62. Nayax shares last traded at $44.0410, with a volume of 6,818 shares traded.

Specifically, CEO Yair Nechmad acquired 104,511 shares of the business’s stock in a transaction dated Thursday, September 24th. The stock was bought at an average price of $44.09 per share, for a total transaction of $4,607,889.99. Following the transaction, the chief executive officer owned 7,433,558 shares of the company’s stock, valued at approximately $327,745,572.22. The trade was a 1.43% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David Ben-Avi acquired 700 shares of the business’s stock in a transaction on Wednesday, September 23rd. The shares were bought at an average price of $43.07 per share, for a total transaction of $30,149.00. Following the acquisition, the insider owned 6,592,402 shares in the company, valued at approximately $283,934,754.14. This trade represents a 0.01% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In other news, insider David Ben-Avi purchased 1,554 shares of Nayax stock in a transaction that occurred on Tuesday, September 22nd. The stock was acquired at an average price of $43.18 per share, for a total transaction of $67,101.72. Following the transaction, the insider owned 6,591,702 shares in the company, valued at $284,629,692.36. The trade was a 0.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Analyst Ratings Changes

NYAX has been the subject of several recent analyst reports. Barclays decreased their target price on Nayax from $75.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. UBS Group reissued a “neutral” rating and set a $70.00 price target on shares of Nayax in a research report on Tuesday, August 11th. Keefe, Bruyette & Woods raised Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 price objective for the company in a research note on Friday, August 14th. Zacks Research upgraded Nayax from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings cut Nayax from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $75.76.

View Our Latest Research Report on NYAX

Key Headlines Impacting Nayax

Here are the key news stories impacting Nayax this week:

Positive Sentiment: CEO Yair Nechmad purchased 104,511 shares at an average price of $44.09, investing approximately $4.61 million and increasing his direct ownership by 1.43%. The size of the transaction is a notable signal of management confidence in Nayax’s long-term outlook. CEO insider purchase filing
Positive Sentiment: Director David Ben-Avi made several purchases between September 17 and September 24, including 700 shares at $43.07 and additional purchases totaling 2,668 shares. His combined buying during the period amounted to roughly $145,000, reinforcing the broader insider-confidence signal, although it is small relative to his existing stake. Nayax insider buying report
Positive Sentiment: Nayax’s latest quarterly results exceeded expectations: adjusted earnings were $0.14 per share versus the $0.09 consensus estimate, while revenue reached $122.59 million compared with expectations of $116.75 million. The earnings and revenue beats provide fundamental support for the recent insider purchases.
Neutral Sentiment: A report described a large increase in short interest but simultaneously listed total short interest at zero shares and a zero-day days-to-cover ratio. Because these figures conflict, investors should not treat the short-interest data as a reliable near-term catalyst until clarified.
Negative Sentiment: Despite the insider buying, NYAX remains well below its 52-week high and trades below its 50-day and 200-day moving averages, indicating continued technical weakness. Its price-to-earnings ratio above 200 also leaves the stock vulnerable to valuation pressure, while the analyst consensus remains “Hold.”

Nayax Trading Up 0.6%

The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 214.43 and a beta of 0.43. The company has a fifty day moving average price of $54.79 and a 200-day moving average price of $61.12. The company has a current ratio of 2.12, a quick ratio of 2.03 and a debt-to-equity ratio of 1.43.

Nayax (NASDAQ:NYAX – Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. The firm had revenue of $122.59 million for the quarter, compared to the consensus estimate of $116.75 million. Nayax had a return on equity of 10.45% and a net margin of 1.74%. On average, equities research analysts predict that Nayax Ltd. will post 0.75 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Tidal Investments LLC acquired a new stake in shares of Nayax in the 2nd quarter valued at $650,000. Public Employees Retirement System of Ohio acquired a new position in Nayax during the second quarter worth $239,000. Bank of America Corp DE increased its position in Nayax by 1,607.2% during the first quarter. Bank of America Corp DE now owns 9,270 shares of the company’s stock worth $519,000 after buying an additional 8,727 shares during the last quarter. Altshuler Shaham Ltd raised its holdings in Nayax by 5.0% during the first quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company’s stock valued at $2,026,000 after buying an additional 1,731 shares in the last quarter. Finally, Y.D. More Investments Ltd lifted its position in shares of Nayax by 3.1% in the first quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company’s stock worth $48,387,000 after buying an additional 25,694 shares during the last quarter. Institutional investors and hedge funds own 34.87% of the company’s stock.

Nayax Company Profile

(Get Free Report)

Nayax Ltd. (NASDAQ: NYAX) is a global financial technology and commerce enablement company that provides payment processing, management software and business intelligence solutions for unattended and self-service markets. Its platform helps businesses accept and manage cashless transactions while monitoring equipment, customer activity and operational performance.