Short Interest in NIQ Global Intelligence plc (NYSE:NIQ) Drops By 46.5%

NIQ Global Intelligence plc (NYSE:NIQ) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 6,507,043 shares, a decline of 46.5% from the May 14th total of 12,172,670 shares. Based on an average daily volume of 1,771,908 shares, the short-interest ratio is currently 3.7 days. Currently, 2.3% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on NIQ. BMO Capital Markets cut their target price on shares of NIQ Global Intelligence from $16.00 to $11.00 and set an “outperform” rating for the company in a research report on Monday, May 18th. Wall Street Zen upgraded shares of NIQ Global Intelligence from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Royal Bank Of Canada cut their target price on shares of NIQ Global Intelligence from $20.00 to $13.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Citigroup dropped their price target on shares of NIQ Global Intelligence from $17.50 to $16.00 and set a “neutral” rating for the company in a research report on Friday, March 6th. Finally, UBS Group dropped their price target on shares of NIQ Global Intelligence from $24.00 to $21.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Twelve investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $17.58.

Insider Buying and Selling at NIQ Global Intelligence

In related news, insider James M. Peck acquired 118,625 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was purchased at an average cost of $8.43 per share, with a total value of $1,000,008.75. Following the completion of the acquisition, the insider directly 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 acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.80% of the stock is owned by insiders.

Institutional Investors Weigh In On NIQ Global Intelligence

A number of hedge funds have recently bought and sold shares of the business. Blue Trust Inc. raised its stake in NIQ Global Intelligence by 3.4% during the first quarter. Blue Trust Inc. now owns 28,734 shares of the company’s stock valued at $327,000 after purchasing an additional 948 shares in the last quarter. Clearstead Advisors LLC purchased a new stake in shares of NIQ Global Intelligence in the third quarter valued at $26,000. Price T Rowe Associates Inc. MD raised its stake in shares of NIQ Global Intelligence by 9.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 21,884 shares of the company’s stock valued at $361,000 after acquiring an additional 1,815 shares during the period. Teacher Retirement System of Texas raised its stake in shares of NIQ Global Intelligence by 0.5% in the fourth quarter. Teacher Retirement System of Texas now owns 401,952 shares of the company’s stock valued at $6,628,000 after acquiring an additional 1,952 shares during the period. Finally, Deutsche Bank AG purchased a new stake in shares of NIQ Global Intelligence in the fourth quarter valued at $38,000.

NIQ Global Intelligence Price Performance

Shares of NIQ stock traded up $0.27 during mid-day trading on Monday, hitting $8.54. The company had a trading volume of 1,359,476 shares, compared to its average volume of 1,476,970. NIQ Global Intelligence has a 52-week low of $7.93 and a 52-week high of $20.39. The stock’s 50 day moving average price is $9.84 and its 200-day moving average price is $12.67. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $2.52 billion and a P/E ratio of -6.78.

NIQ Global Intelligence (NYSE:NIQ) last released 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 company had revenue of $1.07 billion for the quarter, compared to the consensus estimate 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 business’s 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. Equities research analysts forecast that NIQ Global Intelligence will post 0.89 earnings per share for the current year.

About NIQ Global Intelligence

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.