Tudor Investment Corp ET AL Sells 196,327 Shares of Verra Mobility Corp $VRRM

Tudor Investment Corp ET AL lowered its stake in shares of Verra Mobility Corp (NASDAQ:VRRM) by 69.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,710 shares of the company’s stock after selling 196,327 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Verra Mobility were worth $2,166,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Royal Bank of Canada raised its holdings in shares of Verra Mobility by 14.3% in the first quarter. Royal Bank of Canada now owns 148,464 shares of the company’s stock valued at $3,342,000 after purchasing an additional 18,562 shares during the last quarter. AQR Capital Management LLC increased its stake in Verra Mobility by 21.7% in the 1st quarter. AQR Capital Management LLC now owns 34,501 shares of the company’s stock valued at $777,000 after buying an additional 6,153 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Verra Mobility by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 98,120 shares of the company’s stock valued at $2,209,000 after buying an additional 4,302 shares during the last quarter. Millennium Management LLC lifted its position in shares of Verra Mobility by 208.0% during the 1st quarter. Millennium Management LLC now owns 375,421 shares of the company’s stock worth $8,451,000 after buying an additional 253,529 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Verra Mobility by 33.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,182,297 shares of the company’s stock worth $26,614,000 after buying an additional 293,082 shares during the last quarter.

Verra Mobility Stock Down 4.1%

Shares of NASDAQ VRRM opened at $13.88 on Friday. The company has a debt-to-equity ratio of 3.49, a current ratio of 2.10 and a quick ratio of 2.00. The stock has a market capitalization of $2.10 billion, a PE ratio of 16.33, a P/E/G ratio of 2.26 and a beta of 0.60. Verra Mobility Corp has a one year low of $13.84 and a one year high of $25.83. The business’s fifty day moving average price is $17.59 and its 200-day moving average price is $21.16.

Verra Mobility (NASDAQ:VRRM) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). Verra Mobility had a return on equity of 57.45% and a net margin of 13.95%.The firm had revenue of $257.86 million during the quarter, compared to analysts’ expectations of $241.17 million. During the same period last year, the business posted $0.33 EPS. The company’s revenue was up 16.4% compared to the same quarter last year. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. On average, equities research analysts anticipate that Verra Mobility Corp will post 1.08 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on VRRM shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Verra Mobility in a report on Monday, December 29th. JPMorgan Chase & Co. lowered their target price on Verra Mobility from $21.00 to $19.00 and set a “neutral” rating on the stock in a research note on Thursday. Wall Street Zen lowered shares of Verra Mobility from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 28th. Morgan Stanley lowered their price objective on shares of Verra Mobility from $24.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 25th. Finally, Robert W. Baird set a $24.00 target price on shares of Verra Mobility in a research note on Wednesday, February 25th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $23.50.

Verra Mobility Company Profile

Verra Mobility, traded on the Nasdaq under the ticker VRRM, is a leading provider of smart mobility solutions designed to improve safety, efficiency and compliance for transportation authorities and commercial fleets. The company develops and operates automated traffic enforcement systems, toll and violation management platforms, and connected-vehicle services. Through its technology offerings, Verra Mobility helps public agencies enhance road safety, reduce congestion and streamline revenue collection for tolling and parking.

Verra Mobility’s core products include red-light and speed-camera enforcement programs, license plate recognition systems, and cloud-based violation processing software.