NYAX Nayax Ltd.

NEUTRAL Impact: 3/10 Insider Cluster (5 insiders)
Horizon days Filed Jun 8, 2026 Processed 1d 19h ago
Insider cluster: 5 insiders, $1.4M total

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Executive Summary

A cluster of insider selling at Nayax Ltd. (NYAX) over the past week, led by CTO and Co-Founder David Ben-Avi's $1.27M open-market sale, alongside smaller sales by the CFO, CSO, CEO of North America, and CRO. Total selling of $1.38M represents approximately 0.06% of the company's $2.4B market cap, which is below the 0.1% threshold for materiality and is considered routine. The cluster is dominated by a single large CTO sale, while the other four insiders sold small amounts likely related to tax planning or diversification, not a coordinated bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$1.4M
Insiders
5

Actionable Insight

The insider selling cluster is dominated by the CTO's large sale, but the total dollar amount is trivial relative to market cap. The smaller sales by other executives are likely routine portfolio adjustments. No bearish signal here — monitor for any subsequent filings (e.g., 8-K, earnings) that could provide context for the CTO's sale.

Key Facts

  • 5 insiders sold shares in the window 2026-05-28 to 2026-06-04, total value $1.38M.
  • CTO and Co-Founder David Ben-Avi sold 16,600 shares at $76.48 for $1.27M (92% of total cluster value).
  • CFO Manor Sagit sold 489 shares at $68.06 for $33K.
  • CSO Greenberg Aaron Samuel sold 440 shares at $73.31 for $32K.
  • CEO of North America Furman Carly Lisanne sold 382 shares at $68.08 for $26K.
  • CRO Tepper Oren sold 260 shares at $68.06 for $18K.
  • Total selling of $1.38M is 0.06% of $2.4B market cap — below the 0.1% materiality threshold.
  • No open-market purchases in the cluster; all transactions are open-market sales (code S).

Financial Impact

Total insider selling of $1.38M represents 0.06% of market cap — immaterial relative to company size.

dilution

Risk Factors

  • CTO's large sale could indicate personal diversification or a planned departure, though no such announcement has been made.
  • If the CTO's sale is followed by additional insider selling or a material adverse event, the cluster could be re-evaluated.

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
89% bullish (9 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NYAX-1780920024384
15 reports for NYAX
Performance horizon
33% Hit rate 1 of 3 directional calls best @ T+60▲ +22.79%Mar 9, 2026
Filters
Rows
Reports for NYAX — sortable, filterable
Type Now
Jun 8, 2026
1d ago
Insider Cluster
NEUTRAL ★ 3/10
$65.43 awaiting T+1awaiting T+1$65.64 (+0.32%)
Jun 8, 2026
1d ago
Insider Cluster
NEUTRAL ★ 3/10
$65.43 awaiting T+1awaiting T+1$65.64 (+0.32%)
Jun 8, 2026
1d ago
Insider Cluster
NEUTRAL ★ 4/10
$65.43 awaiting T+1awaiting T+1$65.64 (+0.32%)
Jun 2, 2026
7d ago
Insider Cluster
NEUTRAL ★ 3/10
$68.80 $68.26▼ −0.78%▼ −0.09%$65.64 (−4.59%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$66.81 $67.03▲ +0.33%▲ +0.14%$65.64 (−1.75%)
May 19, 2026
21d ago
6-K
NEUTRAL ★ 2/10
$66.81 $67.03▲ +0.33%▲ +0.14%$65.64 (−1.75%)
May 19, 2026
21d ago
Insider Cluster
NEUTRAL ★ 3/10
$67.00 $66.81▼ −0.28%▼ −1.32%$65.64 (−2.03%)
May 18, 2026
22d ago
Insider Cluster
NEUTRAL ★ 2/10
$63.78 $67.00▲ +5.05%▲ +5.70%$65.64 (+2.92%)
May 12, 2026
28d ago
6-K
BULLISH ★ 7/10
$71.39 $68.51▼ −4.03%▼ −4.60%$65.64 (−8.05%)
May 12, 2026
28d ago
Press Release
BULLISH ★ 7/10
$71.39 $68.51▼ −4.03%▼ −4.60%$65.64 (−8.05%)
Showing 10 of 15

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