2 insiders bought €8.0M of shares over the last 90 days, the latest filed 02 Oct 2026.
Cluster: 2 buyers in 30 daysEvery trade that managers of Nayax Ltd. disclose to SEC (Form 4) is tracked on this page. The company sits in the Technology sector. In the past year (18 October 2025 to 18 October 2026), 72 filings came from 17 insiders.
Both sides are active: 16 purchases worth €7.9M and 34 sales worth €2.3M, from 2 insiders and 9 insiders respectively. The totals do not cover 5 filings with an undisclosed amount. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. On the buying side, the filings list 1 senior executive and 1 chief executive among the declarants. At €4.0M, the purchase published on 24 September 2026 by Nechmad Yair is the largest of the period (0.28% of market cap).
In the case of 15 purchases, another manager of the company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster. The clock since the last published purchase (2 October 2026) now reads 16 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. Section 16 rules allow two business days to file each Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning.
Compared with its exchange (5,814 companies, median 19 filings), a count of 72 filings is above the norm. Our records for Nayax Ltd. go back to 2026, with 16 purchases and 34 sales on the open market in total. For the fiscal year to 31 December 2025, the annual 20-F puts revenue at 400.4 m USD and net income at 35.5 m USD.
For comparison within the same sector, see the insider buying recorded at Core Scientific, Inc./tx and Gitlab Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
+4 other insiders
Analysts rate Nayax Ltd. Strong Buy (bullish), based on 5 analysts. Average price target: US$75.66.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 72 declarations
Nayax Ltd. is a technology-driven payments and loyalty company listed on the Nasdaq in the United States (United States) under the ticker NYAX. From an industry perspective, the company sits at the intersection of payments, embedded software, IoT connectivity, and remote fleet management for connected self-service equipment. Founded in 2014, Nayax initially built its reputation in unattended retail and vending, then broadened its platform to serve a wider set of automated commerce channels and omnichannel payment use cases. While its corporate headquarters are in Israel, Nayax also maintains a U.S. legal and commercial footprint through Nayax LLC in Maryland, which supports its access to North American customers and capital markets. ([nayax.com](https://www.nayax.com/about/?utm_source=openai))
Nayax’s business model is centered on an integrated platform that combines payment terminals, remote management software, connectivity services, loyalty tools, and adjacent financial services. The company primarily serves operators of vending machines, EV charging stations, laundromats, amusement and entertainment machines, micro-markets, and other unattended retail environments. Its core value proposition is to help merchants accept more payment methods, monitor devices remotely, and manage revenue and operations through one unified stack. This hardware-plus-software-plus-services model supports recurring revenue generation, increases customer stickiness, and deepens the company’s role in its installed base. ([ir.nayax.com](https://ir.nayax.com/news/news-details/2026/Nayax-Reports-Fourth-Quarter-and-Full-Year-2025-Results/default.aspx?utm_source=openai))
Competitive positioning is driven by Nayax’s ability to bundle payment acceptance with operational software and data intelligence in a fragmented but consolidating market. The company has reported a global footprint of 12 offices, roughly 1,200 employees, more than 80 merchant acquirer and payment-method integrations, and a growing customer base. Recent operating updates indicate continued momentum, with 2025 revenue of $400.4 million, growth in recurring revenue, and 2026 revenue guidance of $510 million to $520 million, underscoring the scale-up profile of the business and its improving profitability trajectory. ([nayax.com](https://www.nayax.com/news/nayax-and-chargesmart-ev-strategically-partner-to-deliver-advanced-omnichannel-payment-solutions-for-u-s-ev-drivers/?utm_source=openai))
Recent strategic developments show Nayax extending beyond its original unattended-retail niche. The company has expanded partnerships and product integrations in EV charging, including U.S. initiatives, and has also moved further into embedded payments for SaaS platforms. These moves reinforce the narrative that Nayax is evolving from a vending-centric player into a broader commerce enablement platform with international reach. For investors, NYAX represents a growth-oriented technology stock tied to secular digital payment adoption, recurring software-led revenues, and a widening set of self-service and embedded commerce applications. ([ir.nayax.com](https://ir.nayax.com/news/news-details/2025/Nayax-Partners-with-Unipaas-to-Launch-Fully-Integrated-Card-Present-Payments-Solution-for-UK-SaaS-Platforms/default.aspx?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 400.4 m USD | 35.5 m USD | 0.94 USD | 20-F |
| Dec 2024 | 314.0 m USD | -5.6 m USD | -0.16 USD | 20-F |
| Dec 2023 | 235.5 m USD | -15.9 m USD | -0.48 USD | 20-F |
| Dec 2022 | 173.5 m USD | -37.5 m USD | -1.14 USD | 20-F |
| Dec 2021 | 119.1 m USD | -24.8 m USD | -0.82 USD | 20-F |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.