Guidance Capital Inc. Makes New Investment in Verra Mobility Co. (NASDAQ:VRRM)

Guidance Capital Inc. purchased a new stake in Verra Mobility Co. (NASDAQ:VRRM) during the first quarter, according to its most recent filing with the SEC. The firm purchased 19,371 shares of the company’s stock, valued at approximately $468,000.

A number of other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its position in shares of Verra Mobility by 98.0% during the fourth quarter. Pacer Advisors Inc. now owns 1,905 shares of the company’s stock worth $44,000 after purchasing an additional 943 shares in the last quarter. Montag A & Associates Inc. bought a new position in shares of Verra Mobility during the 4th quarter valued at about $60,000. GAMMA Investing LLC bought a new position in Verra Mobility in the fourth quarter valued at about $65,000. Quadrant Capital Group LLC lifted its stake in shares of Verra Mobility by 99.5% in the 4th quarter. Quadrant Capital Group LLC now owns 3,081 shares of the company’s stock valued at $71,000 after acquiring an additional 1,537 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Verra Mobility in the fourth quarter valued at approximately $73,000.

Verra Mobility Trading Down 0.7 %

Shares of Verra Mobility stock traded down $0.19 during midday trading on Friday, reaching $27.20. The company had a trading volume of 6,993,513 shares, compared to its average volume of 973,949. The company has a debt-to-equity ratio of 2.31, a current ratio of 2.75 and a quick ratio of 2.64. The stock has a fifty day moving average price of $26.28 and a 200 day moving average price of $24.16. Verra Mobility Co. has a fifty-two week low of $17.04 and a fifty-two week high of $28.45. The firm has a market cap of $4.53 billion, a PE ratio of 54.40, a P/E/G ratio of 1.85 and a beta of 1.22.

Verra Mobility (NASDAQ:VRRM) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. The business had revenue of $209.73 million for the quarter, compared to analyst estimates of $202.78 million. Verra Mobility had a return on equity of 37.87% and a net margin of 9.77%. On average, equities analysts anticipate that Verra Mobility Co. will post 1.09 earnings per share for the current year.

Insider Transactions at Verra Mobility

In other news, Director John H. Rexford sold 9,005 shares of Verra Mobility stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $26.37, for a total value of $237,461.85. Following the completion of the transaction, the director now owns 41,275 shares in the company, valued at $1,088,421.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Verra Mobility news, Director John H. Rexford sold 9,005 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $26.37, for a total value of $237,461.85. Following the completion of the transaction, the director now owns 41,275 shares in the company, valued at approximately $1,088,421.75. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Jonathan Baldwin sold 9,758 shares of the stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $26.14, for a total transaction of $255,074.12. Following the completion of the sale, the executive vice president now directly owns 7,673 shares in the company, valued at $200,572.22. The disclosure for this sale can be found here. Insiders have sold 27,993 shares of company stock worth $736,974 in the last ninety days. Company insiders own 0.96% of the company’s stock.

Verra Mobility Profile

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners.