Lazard Asset Management LLC Increases Stock Position in NIQ Global Intelligence plc $NIQ

Lazard Asset Management LLC grew its position in shares of NIQ Global Intelligence plc (NYSE:NIQFree Report) by 52.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 531,216 shares of the company’s stock after purchasing an additional 182,300 shares during the quarter. Lazard Asset Management LLC’s holdings in NIQ Global Intelligence were worth $6,040,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in NIQ. Deutsche Bank AG purchased a new position in NIQ Global Intelligence during the 4th quarter worth approximately $38,000. BNP Paribas Financial Markets purchased a new stake in NIQ Global Intelligence in the third quarter valued at approximately $44,000. Legal & General Group Plc purchased a new stake in NIQ Global Intelligence in the third quarter valued at approximately $76,000. Clearstead Advisors LLC boosted its holdings in shares of NIQ Global Intelligence by 195.9% in the fourth quarter. Clearstead Advisors LLC now owns 4,900 shares of the company’s stock valued at $81,000 after acquiring an additional 3,244 shares during the period. Finally, Optas LLC acquired a new stake in shares of NIQ Global Intelligence in the first quarter valued at approximately $128,000.

Insider Buying and Selling

In other news, insider James M. Peck bought 118,625 shares of NIQ Global Intelligence stock in a transaction dated Monday, May 18th. The stock was bought at an average price of $8.43 per share, for a total transaction of $1,000,008.75. Following the purchase, the insider 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 ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on NIQ. Royal Bank Of Canada cut 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. Wells Fargo & Company lowered 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 research report on Friday, May 15th. Robert W. Baird dropped their price objective on shares of NIQ Global Intelligence from $20.00 to $14.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft set a $14.00 target price on shares of NIQ Global Intelligence in a report on Friday, May 15th. Finally, Needham & Company LLC decreased their target price on shares of NIQ Global Intelligence from $21.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Twelve investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $17.58.

Get Our Latest Stock Report on NIQ

NIQ Global Intelligence Trading Down 4.3%

NYSE:NIQ opened at $11.45 on Friday. NIQ Global Intelligence plc has a 12-month low of $7.93 and a 12-month high of $18.95. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 3.01. The stock’s 50 day simple moving average is $9.47 and its 200-day simple moving average is $11.30. The firm has a market cap of $3.38 billion and a P/E ratio of -9.09.

NIQ Global Intelligence (NYSE:NIQGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.05. NIQ Global Intelligence had a positive return on equity of 10.30% and a negative net margin of 7.78%.The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. NIQ Global Intelligence’s quarterly revenue was up 11.1% on a year-over-year basis. 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 anticipate that NIQ Global Intelligence plc will post 0.89 EPS for the current year.

NIQ Global Intelligence Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NIQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NIQ Global Intelligence plc (NYSE:NIQFree Report).

Institutional Ownership by Quarter for NIQ Global Intelligence (NYSE:NIQ)

Receive News & Ratings for NIQ Global Intelligence Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NIQ Global Intelligence and related companies with MarketBeat.com's FREE daily email newsletter.