NIQ Global Intelligence (NYSE:NIQ) Trading 7.4% Higher After Insider Buying Activity

NIQ Global Intelligence plc (NYSE:NIQ) rose 7.4% on Monday after an insider bought additional shares in the company. The company traded as high as $8.70 and last traded at $8.8070. Approximately 1,063,850 shares traded hands during trading, a decline of 24% from the average daily volume of 1,396,596 shares. The stock had previously closed at $8.20.

Specifically, insider James M. Peck bought 118,625 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was acquired at an average cost of $8.43 per share, for a total transaction of $1,000,008.75. Following the completion of the transaction, the insider owned 424,683 shares in the company, valued at $3,580,077.69. This trade represents a 38.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Citigroup cut their price target 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 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 report on Friday. Wells Fargo & Company dropped 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 research note on Friday. Needham & Company LLC reduced their target price on shares of NIQ Global Intelligence from $21.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Wall Street Zen raised shares of NIQ Global Intelligence from a “hold” rating to a “buy” rating in a research note on Saturday. Twelve investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $17.58.

NIQ Global Intelligence Trading Up 9.9%

The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 3.01. The stock’s 50 day moving average is $11.11 and its two-hundred day moving average is $13.41. The company has a market capitalization of $2.66 billion and a PE ratio of -7.15.

NIQ Global Intelligence (NYSE:NIQ) last posted its earnings results on Thursday, May 14th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.05 billion. The company’s revenue for the quarter 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. As a group, sell-side analysts predict that NIQ Global Intelligence plc will post 0.87 EPS for the current fiscal year.

Hedge Funds Weigh In On NIQ Global Intelligence

A number of large investors have recently bought and sold shares of NIQ. Clearstead Advisors LLC bought a new stake in NIQ Global Intelligence during the 3rd quarter valued at $26,000. Deutsche Bank AG bought a new position in shares of NIQ Global Intelligence in the 4th quarter worth $38,000. BNP Paribas Financial Markets purchased a new stake in shares of NIQ Global Intelligence during the 3rd quarter worth $44,000. Amalgamated Bank purchased a new stake in shares of NIQ Global Intelligence during the 3rd quarter worth $49,000. Finally, State of Wyoming bought a new stake in NIQ Global Intelligence during the third quarter valued at about $55,000.

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.