Edgestream Partners L.P. increased its holdings in shares of Verra Mobility Corp (NASDAQ:VRRM – Free Report) by 41.5% during the first quarter, HoldingsChannel reports. The fund owned 818,595 shares of the company’s stock after buying an additional 240,163 shares during the period. Verra Mobility comprises approximately 0.4% of Edgestream Partners L.P.’s investment portfolio, making the stock its 23rd biggest holding. Edgestream Partners L.P.’s holdings in Verra Mobility were worth $11,698,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Global Retirement Partners LLC acquired a new stake in Verra Mobility in the fourth quarter valued at $27,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Verra Mobility by 967.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,260 shares of the company’s stock worth $28,000 after purchasing an additional 1,142 shares during the period. Salomon & Ludwin LLC increased its holdings in shares of Verra Mobility by 100.7% in the 4th quarter. Salomon & Ludwin LLC now owns 1,497 shares of the company’s stock valued at $34,000 after purchasing an additional 751 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Verra Mobility by 439.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,494 shares of the company’s stock valued at $38,000 after purchasing an additional 1,217 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Verra Mobility in the 1st quarter valued at about $71,000.
Verra Mobility Stock Performance
NASDAQ:VRRM opened at $5.10 on Thursday. The company has a current ratio of 1.89, a quick ratio of 1.77 and a debt-to-equity ratio of 3.76. The firm has a 50-day moving average price of $5.07 and a two-hundred day moving average price of $12.61. Verra Mobility Corp has a twelve month low of $3.40 and a twelve month high of $25.57. The company has a market capitalization of $774.74 million, a P/E ratio of 6.22 and a beta of 0.43.
Key Verra Mobility News
Here are the key news stories impacting Verra Mobility this week:
- Positive Sentiment: Seven-year Avis contract framework: Verra Mobility announced an agreement with Avis Budget Group on the key commercial terms of a new seven-year tolling and violations-services contract. Final operational terms still need to be completed, but the agreement reduces the risk of losing a major customer and supports the company’s rental-car tolling revenue outlook. Verra Mobility Reaches Framework Agreement with Avis Budget Group
- Positive Sentiment: Unusual call-option activity: Investors purchased approximately 4,100 call options, about 86% above average call volume. This indicates increased speculative interest in a potential rebound, though options activity is not a guarantee of future performance.
- Neutral Sentiment: High trading activity: Trading volume was far above the stock’s average, reflecting substantial investor repositioning after the Avis announcement and the continuing legal news flow. The shares remain well below their 52-week high and below the 200-day moving average.
- Negative Sentiment: Multiple securities lawsuits and investigations: Several investor-rights law firms publicized a securities class action against Verra Mobility and urged investors who purchased shares between February 24 and May 26, 2026, to seek lead-plaintiff status before the August 4 deadline. The complaints allege that Verra misled investors about its revenue outlook, Commercial Services growth, rental-car tolling performance and renewal risks involving major customers. These are allegations, not established findings, but the litigation creates potential legal costs, reputational risk and an overhang on the stock. VRRM Investor Alert
- Negative Sentiment: Recent collapse remains central to investor concerns: One legal notice characterized the stock’s decline as a 71% collapse following the previously announced Avis contract termination, while another cited an abrupt leadership transition. The new framework agreement is constructive, but investors still face uncertainty until the contract is finalized and the company demonstrates that projected growth can be sustained. Levi & Korsinsky Investor Notice
Wall Street Analysts Forecast Growth
Several analysts recently commented on VRRM shares. Northcoast Research reiterated a “neutral” rating on shares of Verra Mobility in a research note on Wednesday, May 27th. JPMorgan Chase & Co. upgraded shares of Verra Mobility from an “underweight” rating to a “neutral” rating and upped their target price for the stock from $5.00 to $6.00 in a research report on Monday, July 13th. UBS Group cut shares of Verra Mobility from a “buy” rating to a “neutral” rating and dropped their target price for the company from $23.00 to $4.00 in a report on Thursday, May 28th. William Blair downgraded shares of Verra Mobility from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings cut Verra Mobility from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, June 17th. Eight investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Verra Mobility currently has a consensus rating of “Reduce” and an average target price of $6.50.
Check Out Our Latest Stock Analysis on Verra Mobility
Verra Mobility 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.
Read More
- Five stocks we like better than Verra Mobility
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Want to see what other hedge funds are holding VRRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verra Mobility Corp (NASDAQ:VRRM – Free Report).
Receive News & Ratings for Verra Mobility Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verra Mobility and related companies with MarketBeat.com's FREE daily email newsletter.
