Shares of NIQ Global Intelligence plc (NYSE:NIQ – Get Free Report) were up 7.4% during mid-day trading on Monday after an insider bought additional shares in the company. The stock traded as high as $8.70 and last traded at $8.8070. Approximately 1,063,850 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 1,396,596 shares. The stock had previously closed at $8.20.
Specifically, insider James M. Peck purchased 118,625 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was acquired at an average cost of $8.43 per share, with a total value of $1,000,008.75. Following the completion of the transaction, the insider owned 424,683 shares in the company, valued at $3,580,077.69. This represents a 38.76% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on NIQ shares. Deutsche Bank Aktiengesellschaft set a $14.00 price objective on shares of NIQ Global Intelligence in a research report on Friday. Wells Fargo & Company lowered their target price on shares of NIQ Global Intelligence from $18.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday. Citigroup cut their price target on shares of NIQ Global Intelligence from $17.50 to $16.00 and set a “neutral” rating on the stock in a report on Friday, March 6th. BMO Capital Markets decreased their price objective on NIQ Global Intelligence from $16.00 to $11.00 and set an “outperform” rating for the company in a report on Monday. Finally, Wall Street Zen upgraded NIQ Global Intelligence from a “hold” rating to a “buy” rating in a research note on Saturday. Twelve research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $17.58.
NIQ Global Intelligence Stock Up 9.9%
The company has a market capitalization of $2.66 billion and a price-to-earnings ratio of -7.15. The company has a debt-to-equity ratio of 3.01, a quick ratio of 1.07 and a current ratio of 1.07. The business’s 50 day moving average is $11.11 and its 200 day moving average is $13.41.
NIQ Global Intelligence (NYSE:NIQ – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.05. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.05 billion. NIQ Global Intelligence had a negative net margin of 7.78% and a positive return on equity of 10.30%. The company’s revenue was up 11.1% compared to the same quarter last year. NIQ Global Intelligence has set its FY 2026 guidance at 0.950-0.990 EPS and its Q2 2026 guidance at 0.190-0.21 EPS. Sell-side analysts anticipate that NIQ Global Intelligence plc will post 0.87 earnings per share for the current year.
Hedge Funds Weigh In On NIQ Global Intelligence
Hedge funds have recently made changes to their positions in the company. Amalgamated Bank purchased a new position in NIQ Global Intelligence in the 3rd quarter worth $49,000. Teacher Retirement System of Texas acquired a new position in NIQ Global Intelligence in the 3rd quarter worth approximately $6,280,000. LB Partners LLC purchased a new stake in shares of NIQ Global Intelligence in the 3rd quarter valued at $3,057,000. State of Wyoming acquired a new stake in shares of NIQ Global Intelligence in the third quarter worth $55,000. Finally, Rhumbline Advisers purchased a new position in shares of NIQ Global Intelligence during the third quarter worth $597,000.
NIQ Global Intelligence Company Profile
Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage.
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