Swedbank AB Sells 642,000 Shares of Verra Mobility Corp $VRRM

Swedbank AB lowered its position in shares of Verra Mobility Corp (NASDAQ:VRRM) by 88.7% during the fourth quarter, HoldingsChannel reports. The fund owned 81,400 shares of the company’s stock after selling 642,000 shares during the quarter. Swedbank AB’s holdings in Verra Mobility were worth $1,824,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Rothschild Investment LLC grew its position in shares of Verra Mobility by 238.3% in the 3rd quarter. Rothschild Investment LLC now owns 1,167 shares of the company’s stock valued at $29,000 after buying an additional 822 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of Verra Mobility in the 4th quarter valued at about $27,000. EverSource Wealth Advisors LLC grew its position 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 buying an additional 1,217 shares during the last quarter. Salomon & Ludwin LLC grew its position 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 buying an additional 751 shares during the last quarter. Finally, Neo Ivy Capital Management bought a new stake in shares of Verra Mobility in the 3rd quarter valued at about $60,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on VRRM shares. Robert W. Baird reiterated a “neutral” rating and issued a $8.00 price target (down from $20.00) on shares of Verra Mobility in a research report on Wednesday. CJS Securities lowered Verra Mobility from a “market outperform” rating to a “market perform” rating and set a $10.00 price target on the stock. in a research report on Wednesday. Northcoast Research reiterated a “neutral” rating on shares of Verra Mobility in a research report on Wednesday. Morgan Stanley set a $4.00 price target on Verra Mobility in a research report on Wednesday. Finally, Weiss Ratings lowered Verra Mobility from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $11.67.

Verra Mobility Stock Down 70.6%

Shares of NASDAQ:VRRM opened at $3.85 on Thursday. The company has a market capitalization of $584.85 million, a price-to-earnings ratio of 4.70, a P/E/G ratio of 2.64 and a beta of 0.67. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.89 and a quick ratio of 1.77. The business’s 50-day moving average is $14.16 and its 200-day moving average is $18.25. Verra Mobility Corp has a 1 year low of $3.40 and a 1 year high of $25.83.

Verra Mobility (NASDAQ:VRRM) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25. The company had revenue of $223.57 million for the quarter, compared to the consensus estimate of $223.34 million. Verra Mobility had a return on equity of 55.59% and a net margin of 13.38%.The firm’s revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. Equities research analysts predict that Verra Mobility Corp will post 1.22 earnings per share for the current year.

Trending Headlines about Verra Mobility

Here are the key news stories impacting Verra Mobility this week:

• Negative Sentiment: Verra Mobility announced Avis Budget Group is ending its contract in September 2026, a setback that could materially reduce revenue and segment profit next year. Verra Mobility Receives Termination of Agreement Notice From Avis Budget Group
• Negative Sentiment: Multiple law firms announced investigations into whether Verra Mobility and its executives violated federal securities laws, which can add legal overhang and investor concern. Holzer & Holzer Investor Alert
• Negative Sentiment: Additional securities-fraud investigations from Johnson Fistel and Block & Leviton suggest the stock’s decline has attracted more litigation risk after the Avis announcement. Block & Leviton Investigation
• Neutral Sentiment: Verra Mobility saw unusually heavy call-option trading, which may indicate speculation, but does not by itself confirm a fundamental turnaround.
• Neutral Sentiment: Northcoast Research reaffirmed a neutral rating, while JPMorgan reiterated underweight and cut its price target, reinforcing a cautious Street view.

About Verra Mobility

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.