NIQ Global Intelligence plc (NYSE:NIQ) Short Interest Down 46.5% in May

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

Insider Transactions at NIQ Global Intelligence

In related news, insider James M. Peck acquired 118,625 shares of the business’s stock in a transaction on Monday, May 18th. The stock was purchased 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.80% of the stock is owned by company insiders.

Institutional Trading of NIQ Global Intelligence

A number of hedge funds and other institutional investors have recently modified their holdings of NIQ. Advent International L.P. bought a new stake in shares of NIQ Global Intelligence during the third quarter worth $2,345,270,000. SurgoCap Partners LP bought a new stake in shares of NIQ Global Intelligence during the third quarter worth $91,971,000. Ameriprise Financial Inc. bought a new stake in shares of NIQ Global Intelligence during the third quarter worth $78,791,000. Vanguard Group Inc. bought a new stake in shares of NIQ Global Intelligence during the third quarter worth $63,188,000. Finally, DNB Asset Management AS bought a new stake in shares of NIQ Global Intelligence during the third quarter worth $58,719,000.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. 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 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, 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. Twelve investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $17.58.

NIQ Global Intelligence Price Performance

NYSE:NIQ traded up $0.12 during mid-day trading on Friday, reaching $8.28. The stock had a trading volume of 1,056,488 shares, compared to its average volume of 1,541,972. The stock has a 50-day simple moving average of $9.90 and a two-hundred day simple moving average of $12.74. The stock has a market capitalization of $2.44 billion and a PE ratio of -6.57. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.07 and a quick ratio of 1.07. NIQ Global Intelligence has a 12 month low of $7.93 and a 12 month high of $20.39.

NIQ Global Intelligence (NYSE:NIQ) last announced its quarterly earnings data 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 business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.05 billion. NIQ Global Intelligence had a negative net margin of 7.78% and a positive return on equity of 10.30%. NIQ Global Intelligence’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. On average, equities analysts anticipate that NIQ Global Intelligence will post 0.89 earnings per share for the current year.

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.