Two different insiders at Nayax Ltd. (NASDAQ: NYAX) reported open market purchases of company stock, and together they committed $8.85 million. The buying carries a transaction date of September 30th, 2026. The reporting people named in the filings are Ben-Avi David and Nechmad Yair.
Multiple buyers acting on the same date is the part worth marking down. A single purchase tells you one person made one decision. Two separate reporting people putting money in on the same day is a different data point, because it means the decision was made more than once inside the same company.
Nayax is classified in Services-Prepackaged Software. The company builds payment and management technology for unattended retail, the category that covers vending machines, kiosks, car washes, laundry and coffee equipment. That business model means revenue is spread across a very large number of small terminals rather than a short list of large customers.
On the identities: Ben-Avi David is the larger name attached to this cluster and appears on the filing as a reporting insider at Nayax. Nechmad Yair is the second reporting person in the same window. We are not going to assign either of them a title the filing did not give us, and we are not going to guess at motive. The filing records a purchase, a date and a dollar amount, and that is the extent of what is actually known.
The dollars are the headline figure here. $8.85 million is a substantial commitment for a company of this size, and it is the combined figure across both reporting people rather than a single ticket. Readers should treat it as a group number, not as one person's position.
Shares last changed hands at $49. That is the reference price to hold against the purchase date of September 30th, 2026. If you want to judge whether the insiders bought into weakness or into strength, the comparison that matters is where the stock sat on the transaction date versus where it sits now, and the timeline module above plots the recent filing history so you can see whether this cluster stands alone or sits inside a longer pattern of insider activity.
A few cautions apply, as they always do. Insider buying is a disclosure event, not a forecast. Executives and directors buy for reasons that filings never explain, including diversification decisions, pre-arranged plans and simple conviction, and none of those are distinguishable from the outside. A cluster of buyers raises the signal value somewhat, but it does not change the fact that insiders can be wrong about their own companies.
What makes this one worth logging is the combination: two distinct buyers, a single transaction date of September 30th, 2026, and $8.85 million in total dollars. That is a tighter cluster than most filings produce.
Figures in this article come from Forms 3, 4 and 5 filed with the Securities and Exchange Commission and from our own reconciled insider transaction tables.
For the full insider history, ownership breakdown and filing archive, see our company page at /companies/NYAX.