William Blair Investment Management LLC Decreases Stake in Verra Mobility Corp $VRRM

William Blair Investment Management LLC decreased its position in Verra Mobility Corp (NASDAQ:VRRM) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,438,948 shares of the company’s stock after selling 40,500 shares during the period. William Blair Investment Management LLC owned 2.16% of Verra Mobility worth $77,067,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its stake in shares of Verra Mobility by 144.4% during the 4th quarter. SG Americas Securities LLC now owns 269,649 shares of the company’s stock worth $6,043,000 after purchasing an additional 159,331 shares during the last quarter. Sunriver Management LLC increased its stake in shares of Verra Mobility by 10.7% during the 3rd quarter. Sunriver Management LLC now owns 2,284,774 shares of the company’s stock worth $56,434,000 after purchasing an additional 219,976 shares during the last quarter. Comerica Bank increased its stake in shares of Verra Mobility by 134.3% during the 4th quarter. Comerica Bank now owns 139,349 shares of the company’s stock worth $3,123,000 after purchasing an additional 79,887 shares during the last quarter. Thornburg Investment Management Inc. purchased a new stake in shares of Verra Mobility during the 3rd quarter worth approximately $7,597,000. Finally, Y Intercept Hong Kong Ltd increased its stake in shares of Verra Mobility by 233.2% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 108,334 shares of the company’s stock worth $2,676,000 after purchasing an additional 75,822 shares during the last quarter.

Verra Mobility Price Performance

VRRM opened at $13.49 on Monday. The company has a 50 day moving average of $14.46 and a 200 day moving average of $18.52. The company has a market cap of $2.05 billion, a PE ratio of 16.45, a price-to-earnings-growth ratio of 2.72 and a beta of 0.67. Verra Mobility Corp has a 12 month low of $12.83 and a 12 month high of $25.83. The company has a current ratio of 1.89, a quick ratio of 1.77 and a debt-to-equity ratio of 3.76.

Verra Mobility (NASDAQ:VRRM) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.25 EPS for the quarter, hitting the consensus estimate of $0.25. The company had revenue of $223.57 million during the quarter, compared to the consensus estimate of $223.34 million. Verra Mobility had a net margin of 13.38% and a return on equity of 55.59%. Verra Mobility’s revenue for the quarter was up .1% on a year-over-year basis. During the same period last year, the firm earned $0.30 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. On average, sell-side analysts expect that Verra Mobility Corp will post 1.22 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Morgan Stanley set a $15.00 price target on shares of Verra Mobility in a research note on Thursday, May 7th. JPMorgan Chase & Co. decreased their price target on shares of Verra Mobility from $19.00 to $17.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Robert W. Baird set a $20.00 price target on shares of Verra Mobility in a research note on Friday, May 8th. Weiss Ratings lowered shares of Verra Mobility from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Wall Street Zen lowered shares of Verra Mobility from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $21.00.

Verra Mobility Company Profile

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.