NYAX Nayax Ltd.

NEUTRAL Impact: 2/10 Insider Cluster (4 insiders)
Horizon days Filed May 20, 2026 Processed 23d 22h ago
Insider cluster: 4 insiders, $0.1M total
Latest settled — T+5d ⚠ clustered
NYAX ▲ +11.23% at T+5d
NEUTRAL call ✓ call won +11.23% · α vs SPY +9.99% · entry $66.81 → $74.31
Next anchor: T+20d in 5d
Currently $67.84 · +1.54% from $66.81 entry
Entry anchored
May 19, 03:58 PM ET
via Databento tick
T+1d
+0.33%
call +0.33% · α +0.14%
$67.03
settled 23d ago
T+5d
+11.23%
call +11.23% · α +9.99%
$74.31
settled 16d ago
T+20d
call — · α —
in 5d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Four Nayax insiders, including the CFO, CPO, and CMO, sold a total of ~$134K in open-market sales over a 7-day window. The CMO's sale was part of a same-day derivative exercise, indicating a cashless exercise-and-sell pattern. The total dollar value is only ~0.005% of the $2.5B market cap, making this cluster trivial in size and likely driven by routine liquidity, tax planning, or vesting schedules rather than a coordinated bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$134.0K
Insiders
4

Actionable Insight

This cluster is too small to warrant a trading signal. The CMO's exercise-and-sell is a routine cashless transaction, and the other sales are trivial in dollar terms. No evidence of informed selling. Monitor for any material insider purchases or a larger cluster (>0.1% of market cap) before reading bearish intent.

Key Facts

  • Total insider sales of ~$134K represent ~0.005% of $2.5B market cap — immaterial
  • CMO Sever Michal exercised 1,563 derivative shares at $21.35 and immediately sold at $64.41 — a cashless exercise-and-sell pattern, not a directional sale
  • CFO Manor Sagit sold 251 shares for $16K; CPO Amnipour Erez sold 231 shares for $15K — both trivial amounts
  • Director Havshush Erez sold only 19 shares for ~$1K — de minimis
  • No open-market purchases in the cluster; all transactions are sells

Financial Impact

Total insider sales of ~$134K, or 0.005% of market cap — negligible economic impact

insider holdings

Risk Factors

  • Insider sales could accelerate if the stock continues to rise, but current levels are immaterial
  • No risk of material dilution or negative signal from this cluster

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
78% bullish (9 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NYAX-1779281919901
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
4d ago
Insider Cluster
NEUTRAL ★ 3/10
$65.43 awaiting T+1awaiting T+1$67.84 (+3.68%)
Jun 8, 2026
5d ago
Insider Cluster
NEUTRAL ★ 3/10
$65.43 awaiting T+1awaiting T+1$67.84 (+3.68%)
Jun 8, 2026
5d ago
Insider Cluster
NEUTRAL ★ 4/10
$65.43 awaiting T+1awaiting T+1$67.84 (+3.68%)
Jun 2, 2026
10d ago
Insider Cluster
NEUTRAL ★ 3/10
$68.80 $68.26▼ −0.78%▼ −0.09%$67.84 (−1.40%)
May 20, 2026
23d ago
Insider Cluster
NEUTRAL ★ 2/10
$66.81 $67.03▲ +0.33%▲ +0.14%$67.84 (+1.54%)
May 19, 2026
24d ago
6-K
NEUTRAL ★ 2/10
$66.81 $67.03▲ +0.33%▲ +0.14%$67.84 (+1.54%)
May 19, 2026
24d ago
Insider Cluster
NEUTRAL ★ 3/10
$67.00 $66.81▼ −0.28%▼ −1.32%$67.84 (+1.25%)
May 18, 2026
25d ago
Insider Cluster
NEUTRAL ★ 2/10
$63.78 $67.00▲ +5.05%▲ +5.70%$67.84 (+6.37%)
May 12, 2026
4w ago
6-K
BULLISH ★ 7/10
$71.39 $68.51▼ −4.03%▼ −4.60%$67.84 (−4.97%)
May 12, 2026
4w ago
Press Release
BULLISH ★ 7/10
$71.39 $68.51▼ −4.03%▼ −4.60%$67.84 (−4.97%)
Showing 10 of 15

US Market Status

Market Closed — Opens Mon (49h 39m)

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