Nayax CTO David Ben-Avi Sells Shares Amid Stock Surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 14 2026
0mins
Source: NASDAQ.COM
- Share Sale Details: Nayax CTO David Ben-Avi sold 28,770 shares in two open-market transactions on May 28 and 29, 2026, totaling approximately $2.18 million, reducing his direct holdings to 6,589,134 shares, a 0.4% decrease.
- Transaction Context: The share sale occurred as Nayax's stock surged, hitting a 52-week high of $76.86 on May 29, indicating a strategic decision by Ben-Avi to sell at a peak, while retaining 6.6 million shares, reflecting his continued confidence in the company.
- Performance Drivers: Nayax reported first-quarter sales of $107 million in 2026, marking a 32% year-over-year growth, primarily driven by crossing an installed base of 1.5 million devices, which increased transaction volumes through its platform.
- Future Outlook: The company forecasts 2026 revenue between $510 million and $520 million, up from $400.4 million in 2025, highlighting significant growth potential in the unattended retail payment management sector.
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Analyst Views on NYAX
Wall Street analysts forecast NYAX stock price to fall
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 71.965
Low
48.00
Averages
50.00
High
52.00
Current: 71.965
Low
48.00
Averages
50.00
High
52.00
About NYAX
Nayax Ltd is an Israel-based fintech company. The Company provides payment processing and business operations software solutions and services for retailers through its global cashless payment platform Nayax. Company's platform enables localized cashless payment acceptance, management suite, and consumer engagement tools, enabling merchants to conduct commerce anywhere, at any time. It's product portfolio includes POS and Cashless Payments including product such as, NOVA 156, Nova 45, Nova 55; Management Suite and Telemetry with products Amit 3.0 Vending Machine Monitoring and Telemetry System, MoMa, The Hive; Marketing, Loyalty and Consumer Engagement Platform that consists product such as, Omni-Channel Solutions, Weezmo, Monyx Wallet among others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Visual Recognition Planogram Setup: Operators can generate planograms quickly by taking photographs, achieving speeds up to five times faster than manual mapping; this innovation not only simplifies operational processes but also enhances data accuracy, aiding operators in better inventory management.
- Market Rollout and User Feedback: The MoMa AI layer has been rolled out to iOS and Android users across all markets, with feedback from users like Joshua Lloyd of JDJ Vending Services, who manages over 200 vending machines, highlighting how Nayax's solutions make his job easier and improve work-life balance.
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- Partnership Announcement: Tellus Power has formed a strategic partnership with Nayax to integrate AC Level 2 chargers with payment and management capabilities, aiming to simplify charging operations and enhance deployment efficiency for commercial charging infrastructure, which is expected to accelerate market entry and operational efficiency.
- Market Demand Response: As demand for commercial charging infrastructure grows, operators increasingly seek quick, efficient, and scalable solutions; this partnership is designed to meet those evolving needs through an integrated charging, payment, and management platform.
- Technological Innovation: Tellus Power's CEO Mike Calise emphasizes that the next phase of EV charging growth will rely on seamless end-to-end solutions, enabling operators to achieve real-time telemetry and seamless transactions on a single platform, thereby reducing complexity.
- Exhibition Showcase: Tellus Power will showcase its integrated AC Level 2 charger at the Power2Drive Europe event from June 23-25, 2026, demonstrating how this solution simplifies operations and supports scalable network growth.
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- Strategic Partnership: Tellus Power has formed a strategic partnership with Nayax to integrate AC Level 2 chargers with payment and management capabilities, aiming to simplify charging operations and enhance deployment efficiency for commercial charging infrastructure, which is expected to accelerate market entry and reduce operational complexity.
- Market Demand Response: As the demand for commercial charging infrastructure grows, operators increasingly seek rapid, efficient, and scalable solutions; this partnership is designed to meet those evolving needs by providing an integrated platform for charging, payments, and management.
- Technological Innovation: Tellus Power's CEO Mike Calise emphasizes that the future growth of EV charging will rely on seamless end-to-end solutions, enabling operators to operate more efficiently and deliver the seamless experience that customers expect.
- Showcase Opportunity: Tellus Power will showcase its integrated AC Level 2 charger at the Power2Drive Europe event from June 23-25, 2026, providing attendees with a hands-on experience of how this solution simplifies operations and supports scalable network growth.
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- Transaction Overview: Nayax President Keren Sharir sold 4,500 ordinary shares on May 27, 2026, after exercising stock options, with a transaction value of approximately $323,000, reflecting the company's liquidity management strategy amid rising stock prices.
- Impact on Holdings: This sale reduced Sharir's direct holdings by 14.34%, leaving her with 26,876 shares and a post-transaction equity value of about $2 million, indicating she still maintains a significant equity stake.
- Market Environment Analysis: The stock was priced at $71.80 per share during the transaction, closing at $74.31 on May 27, with a one-year return of 69.60%, showcasing Nayax's strong market performance and investor confidence.
- Company Performance Highlights: Nayax achieved $106.9 million in sales in Q1, representing a 32% year-over-year growth, and surpassed an installed base of 1.5 million devices, indicating rapid expansion and growth potential in the global cashless payment solutions market.
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- Share Sale Details: Keren Sharir sold 4,500 ordinary shares on May 27, 2026, for approximately $323,000, representing 14.34% of her direct holdings, reducing her position from 31,376 to 26,876 shares, indicating a partial monetization of her stake in the company.
- Transaction Context: The sale occurred immediately after exercising stock options, executed at a weighted average price of $71.80 as reported in SEC Form 4, suggesting that her actions align with common practices among executives and do not raise significant investor concerns.
- Strong Company Performance: Nayax achieved sales of $106.9 million in Q1 2026, reflecting a robust 32% year-over-year growth, driven by surpassing an installed base of 1.5 million devices, highlighting the company's strong growth potential in cashless payment and telemetry solutions.
- Market Reaction and Outlook: Despite the insider sale, Nayax's stock price surged post-transaction, reaching a 52-week high of $76.86 on May 29, indicating market confidence in the company's future growth, particularly as it continues to expand its global footprint.
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- Transaction Overview: Keren Sharir, President of Nayax, exercised stock options and sold 4,500 ordinary shares on May 27, 2026, with a transaction value of approximately $323,000, indicating active trading at high stock levels.
- Ownership Change: This sale reduced Sharir's direct holdings by 14.34%, leaving her with 26,876 shares valued at around $2.00 million, demonstrating that she still retains a significant equity stake.
- Market Performance: At the time of the transaction, Nayax shares were priced at $71.80, closing at $74.31 on May 27, with a one-year total return of 69.60%, reflecting the company's strong market performance.
- Business Growth: Nayax achieved $106.9 million in sales in the first quarter, representing a 32% year-over-year growth, and surpassed an installed base of 1.5 million devices, showcasing rapid expansion in cashless payment solutions.
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