Shares of NIQ Global Intelligence plc (NYSE:NIQ – Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as $8.05 and last traded at $8.4210, with a volume of 895808 shares traded. The stock had previously closed at $8.56.
Analysts Set New Price Targets
NIQ has been the topic of several research analyst reports. Citigroup lowered their target price 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. Royal Bank Of Canada lowered their target price on shares of NIQ Global Intelligence from $20.00 to $13.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. UBS Group lowered their target price on shares of NIQ Global Intelligence from $24.00 to $21.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Wells Fargo & Company lowered their target price on shares of NIQ Global Intelligence from $18.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft set a $14.00 target price on shares of NIQ Global Intelligence in a report on Friday, May 15th. Twelve analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.58.
View Our Latest Analysis on NIQ Global Intelligence
NIQ Global Intelligence Price Performance
NIQ Global Intelligence (NYSE:NIQ – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.05. NIQ Global Intelligence had a negative net margin of 7.78% and a positive return on equity of 10.30%. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.05 billion. The business’s quarterly 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. Analysts anticipate that NIQ Global Intelligence plc will post 0.87 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider James M. Peck acquired 118,625 shares of the business’s stock in a transaction on Monday, May 18th. The shares were acquired at an average price of $8.43 per share, for a total transaction of $1,000,008.75. Following the completion of the transaction, the insider directly owned 424,683 shares of the company’s stock, valued at approximately $3,580,077.69. The trade was a 38.76% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.80% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its position in NIQ Global Intelligence by 67.0% during the first quarter. Bank of America Corp DE now owns 715,912 shares of the company’s stock valued at $8,140,000 after acquiring an additional 287,129 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in NIQ Global Intelligence in the first quarter worth about $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 purchasing 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 purchasing an additional 182,300 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new stake in NIQ Global Intelligence in the first quarter worth about $370,000.
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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