Allspring Global Investments Holdings LLC Sells 1,694,019 Shares of NIQ Global Intelligence plc $NIQ

Allspring Global Investments Holdings LLC trimmed its holdings in NIQ Global Intelligence plc (NYSE:NIQ) by 62.9% in the first quarter, Holdings Channel reports. The institutional investor owned 1,000,276 shares of the company’s stock after selling 1,694,019 shares during the period. Allspring Global Investments Holdings LLC’s holdings in NIQ Global Intelligence were worth $11,383,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp grew its position in NIQ Global Intelligence by 10.6% during the first quarter. Bank of New York Mellon Corp now owns 77,476 shares of the company’s stock worth $881,000 after buying an additional 7,454 shares in the last quarter. Optas LLC acquired a new position in NIQ Global Intelligence in the 1st quarter valued at $128,000. LB Partners LLC raised its holdings in NIQ Global Intelligence by 63.3% in the 1st quarter. LB Partners LLC now owns 399,700 shares of the company’s stock valued at $4,545,000 after acquiring an additional 155,000 shares in the last quarter. Blue Trust Inc. lifted its position in shares of NIQ Global Intelligence by 3.4% during the 1st quarter. Blue Trust Inc. now owns 28,734 shares of the company’s stock valued at $327,000 after acquiring an additional 948 shares during the period. Finally, Tactive Advisors LLC lifted its position in shares of NIQ Global Intelligence by 244.5% during the 1st quarter. Tactive Advisors LLC now owns 35,059 shares of the company’s stock valued at $399,000 after acquiring an additional 24,881 shares during the period.

Insider Transactions at NIQ Global Intelligence

In other news, insider James M. Peck bought 118,625 shares of the company’s stock in a transaction on Monday, May 18th. The stock was purchased at an average cost of $8.43 per share, for a total transaction of $1,000,008.75. Following the completion of the transaction, the insider owned 424,683 shares of the company’s stock, valued at $3,580,077.69. This trade represents a 38.76% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 3.80% of the stock is currently owned by insiders.

NIQ Global Intelligence Stock Performance

NYSE NIQ opened at $10.65 on Thursday. The firm’s fifty day moving average price is $9.14 and its two-hundred day moving average price is $11.51. The stock has a market cap of $3.14 billion and a PE ratio of -8.46. NIQ Global Intelligence plc has a fifty-two week low of $7.93 and a fifty-two week high of $20.39. The company has a debt-to-equity ratio of 3.01, a quick ratio of 1.07 and a current ratio of 1.07.

NIQ Global Intelligence (NYSE:NIQ) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.05 billion. The firm’s 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. On average, equities analysts expect that NIQ Global Intelligence plc will post 0.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Wells Fargo & Company dropped their price target on NIQ Global Intelligence from $18.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, May 15th. Robert W. Baird cut their price target on shares of NIQ Global Intelligence from $20.00 to $14.00 and set an “outperform” rating for the company in a report on Friday, May 15th. UBS Group reduced their price target 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. Royal Bank Of Canada decreased their price objective on shares of NIQ Global Intelligence from $20.00 to $13.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Finally, Needham & Company LLC lowered their price objective on shares of NIQ Global Intelligence from $21.00 to $12.00 and set a “buy” rating for the company in a research report 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.com, NIQ Global Intelligence presently has an average rating of “Moderate Buy” and a consensus target price of $17.58.

NIQ Global Intelligence Company Profile

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.