David Ben-Avi, CTO and Co Founder at Nayax Ltd. (NYAX), bought 2,354 shares at $43.18 ($101K) on 2026-09-22, disclosed to the SEC on 2026-09-24.
CTO and Co-Founder David Ben-Avi purchased 1,554 shares for $67,104, marking the largest insider purchase in the company's history. This significant buyback by a founder during a 33% year-to-date decline suggests confidence in the company's long-term value.
The stock is currently trading at $42.70, down 19.1% over the last 30 days and 33.15% over the last 90 days, sitting at the bottom of its 52-week range.
1) Q2 2026 earnings on August 10, 2026, where the company delivered a 55.56% earnings surprise; 2) The acquisition of IPS Group, expected to close in the fourth quarter of 2026, subject to regulatory approvals; 3) The company is paying 17x adjusted EBITDA for IPS Group, with $8M of synergies expected to justify the price.
1) The company lowered its free-cash-flow conversion forecast due to accelerated investments in EV charging and financial services infrastructure; 2) The acquisition of IPS Group is valued at 17x adjusted EBITDA, which may be too high if synergies are not realized.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $43.18 | 1,554 | $67K | 66.1% |
| 2 | $43.07 | 700 | $30K | 29.7% |
| 3 | $42.09 | 100 | $4K | 4.1% |
| Total | $43.10 avg | 2,354 | $101K | 100% |
| Filing → |
| NYAX | SELL | 2026-06-04 | $913K | — | Filing → |
| NYAX | SELL | 2026-06-01 | $2.3M | — | Filing → |