Key Points
- Insider buying: NIQ Global Intelligence insider James Peck bought 118,625 shares at an average price of $8.43, a transaction worth about $1.0 million. His ownership increased by 38.76% to 424,683 shares.
- Recent earnings beat: The company reported quarterly EPS of $0.15, beating estimates of $0.10, on revenue of $1.07 billion, which was also above expectations. Revenue rose 11.1% year over year.
- Analyst sentiment softened: Several firms cut price targets, including BMO, Needham, RBC, and UBS, though the stock still carries a consensus Moderate Buy rating with an average price target of $17.58.
NIQ Global Intelligence plc (NYSE:NIQ - Get Free Report) insider James Peck purchased 118,625 shares of the stock in a transaction dated Monday, May 18th. The shares were purchased at an average price 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 of the company's stock, valued at approximately $3,580,077.69. This trade represents a 38.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
NIQ Global Intelligence Trading Up 9.9%
NIQ opened at $9.01 on Tuesday. NIQ Global Intelligence plc has a 52 week low of $8.06 and a 52 week high of $20.39. The business has a fifty day simple moving average of $11.03 and a 200-day simple moving average of $13.38. The firm has a market cap of $2.66 billion and a P/E ratio of -7.15. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 3.01.
NIQ Global Intelligence (NYSE:NIQ - Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.10 by $0.05. NIQ Global Intelligence had a positive return on equity of 10.30% and a negative net margin of 7.78%.The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.05 billion. The firm's quarterly revenue was up 11.1% on a year-over-year basis. 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. On average, equities analysts expect that NIQ Global Intelligence plc will post 0.87 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company purchased a new position in NIQ Global Intelligence in the first quarter valued at $280,000. Quantinno Capital Management LP lifted its stake in NIQ Global Intelligence by 271.3% in the first quarter. Quantinno Capital Management LP now owns 585,757 shares of the company's stock worth $6,660,000 after acquiring an additional 428,019 shares during the last quarter. Lazard Asset Management LLC lifted its stake in NIQ Global Intelligence by 52.2% in the first quarter. Lazard Asset Management LLC now owns 531,216 shares of the company's stock worth $6,040,000 after acquiring an additional 182,300 shares during the last quarter. Renaissance Technologies LLC purchased a new position in NIQ Global Intelligence in the first quarter worth approximately $370,000. Finally, Gabelli Funds LLC lifted its stake in NIQ Global Intelligence by 7.0% in the first quarter. Gabelli Funds LLC now owns 505,000 shares of the company's stock worth $5,742,000 after acquiring an additional 33,000 shares during the last quarter.
Analyst Ratings Changes
Several research firms have recently commented on NIQ. BMO Capital Markets lowered their price objective on shares of NIQ Global Intelligence from $16.00 to $11.00 and set an "outperform" rating for the company in a research note on Monday. Citigroup lowered their price objective on shares of NIQ Global Intelligence from $17.50 to $16.00 and set a "neutral" rating for the company in a research note on Friday, March 6th. Needham & Company LLC lowered their price objective on shares of NIQ Global Intelligence from $21.00 to $12.00 and set a "buy" rating for the company in a research note on Friday. Royal Bank Of Canada lowered their price objective on shares of NIQ Global Intelligence from $20.00 to $13.00 and set an "outperform" rating for the company in a research note on Friday. Finally, UBS Group lowered their price objective on shares of NIQ Global Intelligence from $24.00 to $21.00 and set a "buy" rating for the company in a research note on Friday. Twelve research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, NIQ Global Intelligence currently has an average rating of "Moderate Buy" and a consensus price target of $17.58.
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About NIQ Global Intelligence
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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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