Westfield Capital Management Co. LP Trims Stock Position in NIQ Global Intelligence plc $NIQ

Westfield Capital Management Co. LP cut its stake in shares of NIQ Global Intelligence plc (NYSE:NIQ) by 9.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,388,660 shares of the company’s stock after selling 243,236 shares during the quarter. Westfield Capital Management Co. LP’s holdings in NIQ Global Intelligence were worth $39,389,000 at the end of the most recent quarter.

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

Insider Transactions at NIQ Global Intelligence

In other NIQ Global Intelligence news, insider James M. Peck acquired 118,625 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was bought at an average price of $8.43 per share, with a total value of $1,000,008.75. Following the purchase, the insider owned 424,683 shares in the company, valued at approximately $3,580,077.69. The trade was a 38.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 3.80% of the company’s stock.

NIQ Global Intelligence Stock Down 0.8%

NIQ stock opened at $8.38 on Friday. The stock has a market capitalization of $2.47 billion and a P/E ratio of -6.65. The firm has a 50-day simple moving average of $10.14 and a 200-day simple moving average of $12.95. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 3.01. NIQ Global Intelligence plc has a 52 week low of $7.93 and a 52 week high of $20.39.

NIQ Global Intelligence (NYSE:NIQ) last released its earnings results on Thursday, May 14th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.05. The business had revenue of $1.07 billion during 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%. The business’s quarterly revenue 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. Equities analysts forecast that NIQ Global Intelligence plc will post 0.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NIQ has been the topic of a number of research reports. UBS Group reduced 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 research report on Friday, May 15th. Wells Fargo & Company cut their price objective 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. Citigroup cut their price objective 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. Needham & Company LLC cut their target price on NIQ Global Intelligence from $21.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Finally, Robert W. Baird cut their price target on shares of NIQ Global Intelligence from $20.00 to $14.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Twelve research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.58.

About NIQ Global Intelligence

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.