Hawk Ridge Capital Management LP acquired a new position in Verra Mobility Corp (NASDAQ:VRRM – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 447,176 shares of the company’s stock, valued at approximately $6,390,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Quantinno Capital Management LP raised its position in Verra Mobility by 220.7% in the first quarter. Quantinno Capital Management LP now owns 43,541 shares of the company’s stock valued at $622,000 after purchasing an additional 29,966 shares during the period. Punch & Associates Investment Management Inc. lifted its stake in shares of Verra Mobility by 1.7% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 1,147,170 shares of the company’s stock valued at $16,393,000 after purchasing an additional 19,610 shares during the last quarter. Entropy Technologies LP purchased a new position in shares of Verra Mobility during the 1st quarter worth $242,000. Public Employees Retirement System of Ohio grew its holdings in shares of Verra Mobility by 10.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 281,160 shares of the company’s stock worth $4,018,000 after purchasing an additional 26,488 shares during the period. Finally, Aristides Capital LLC increased its position in shares of Verra Mobility by 37.7% during the 1st quarter. Aristides Capital LLC now owns 13,105 shares of the company’s stock worth $187,000 after purchasing an additional 3,586 shares during the last quarter.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on VRRM shares. Robert W. Baird reduced their price objective on shares of Verra Mobility from $8.00 to $6.00 and set a “neutral” rating on the stock in a report on Tuesday, June 2nd. JPMorgan Chase & Co. raised shares of Verra Mobility from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $5.00 to $6.00 in a research note on Monday, July 13th. Northcoast Research reiterated a “neutral” rating on shares of Verra Mobility in a research report on Wednesday, May 27th. UBS Group downgraded shares of Verra Mobility from a “buy” rating to a “neutral” rating and reduced their price target for the company from $23.00 to $4.00 in a research note on Thursday, May 28th. Finally, Weiss Ratings downgraded shares of Verra Mobility from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, June 17th. Eight analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $6.50.
Verra Mobility Trading Up 3.5%
Shares of NASDAQ VRRM opened at $4.19 on Tuesday. Verra Mobility Corp has a twelve month low of $3.40 and a twelve month high of $25.57. The company has a current ratio of 1.89, a quick ratio of 1.77 and a debt-to-equity ratio of 3.76. The stock has a fifty day simple moving average of $5.42 and a 200-day simple moving average of $12.87. The stock has a market capitalization of $636.49 million, a PE ratio of 5.11 and a beta of 0.43.
Verra Mobility (NASDAQ:VRRM – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. Verra Mobility had a return on equity of 55.59% and a net margin of 13.38%.The firm had revenue of $223.57 million for the quarter, compared to the consensus estimate of $223.34 million. During the same quarter in the previous year, the business earned $0.30 EPS. The company’s quarterly revenue was up .1% compared to the same quarter last year. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. On average, equities analysts forecast that Verra Mobility Corp will post 1.08 earnings per share for the current year.
Verra Mobility News Roundup
Here are the key news stories impacting Verra Mobility this week:
- Neutral Sentiment: Several firms, including Bragar Eagel & Squire, Rosen, Kaplan Fox and others, reminded investors who purchased Verra shares between February 24 and May 26, 2026, of the August 4 deadline to apply as lead plaintiff. These notices are procedural and do not establish that Verra committed wrongdoing. Bragar Eagel & Squire shareholder notice
- Negative Sentiment: The lawsuits allege that Verra Mobility made materially false or misleading statements concerning its relationship with a key customer, renewal prospects for a major commercial contract and projected financial performance. If proven, the claims could result in legal costs, damages and additional scrutiny. Robbins LLP class-action notice
- Negative Sentiment: Hagens Berman said it broadened its investigation following an abrupt leadership transition, adding governance and management-continuity concerns to the broader investor case. Hagens Berman investor alert
- Negative Sentiment: The concentration of nearly a dozen similar law-firm announcements increases headline risk and may reinforce investor concerns after reported analyst downgrades and price-target cuts referenced in one alert. Verra Mobility shares have decreased substantially and remain well below their 50-day and 200-day moving averages, indicating continued negative momentum. Levi & Korsinsky shareholder alert
About Verra Mobility
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.
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