Ben-Avi David purchased $101K of NYAX
Ben-Avi David (CTO and Co Founder) purchased 2,354 shares of Nayax Ltd. (NYAX) at an average of $43.10 ($42.09–$43.18, $0.10M total) across 3 trades over 2026-09-22 to 2026-09-24.
How this was made
The 30-second read
Why it matters
The filing provides fresh data on insider sentiment but is unlikely to move the stock materially.
Market read
Routine insider purchase with modest size; limited trading relevance.
What to watch
The insider's total holdings remain a small percentage of total shares outstanding.
Background
Form 4 filing disclosed the CTO's open‑market purchase of NYAX shares.
Ticker impact
CTO Ben-Avi David purchased 2,354 NYAX shares for $101,464, raising his stake to 6,592,502 shares.
Limited short-term impact; may provide slight upside bias.
The transaction is a primary Form 4 filing, but the dollar amount is under $1M, typical for routine insider purchases.
Market effects
Minimal; reflects insider activity in the fintech/payments sector.
None; company is US‑listed with global operations.
Low; isolated insider transaction.
Counterpoint
The purchase could be a routine portfolio rebalancing rather than a strong bullish signal.
Key entities
- IndividualBen-Avi David
CTO and Co‑Founder of Nayax Ltd.
- CompanyNayax Ltd.
Provider of cashless payment solutions, ticker NYAX.



