AlphaQuest LLC reduced its holdings in Verra Mobility Co. (NASDAQ:VRRM - Free Report) by 94.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,935 shares of the company's stock after selling 125,832 shares during the period. AlphaQuest LLC's holdings in Verra Mobility were worth $168,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. increased its position in Verra Mobility by 6.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,381 shares of the company's stock worth $154,000 after buying an additional 409 shares during the period. Tealwood Asset Management Inc. increased its position in Verra Mobility by 1.4% in the 4th quarter. Tealwood Asset Management Inc. now owns 44,230 shares of the company's stock worth $1,069,000 after buying an additional 592 shares during the period. RiverPark Advisors LLC increased its position in Verra Mobility by 3.5% in the 3rd quarter. RiverPark Advisors LLC now owns 19,217 shares of the company's stock worth $534,000 after buying an additional 642 shares during the period. Exchange Traded Concepts LLC increased its position in Verra Mobility by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 28,645 shares of the company's stock worth $693,000 after buying an additional 725 shares during the period. Finally, First Horizon Advisors Inc. increased its position in Verra Mobility by 192.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,133 shares of the company's stock worth $32,000 after buying an additional 745 shares during the period.
Verra Mobility Stock Performance
NASDAQ VRRM traded up $0.07 during trading on Thursday, hitting $20.90. The company's stock had a trading volume of 936,157 shares, compared to its average volume of 1,063,375. The firm has a market cap of $3.34 billion, a P/E ratio of 34.83, a price-to-earnings-growth ratio of 2.18 and a beta of 1.30. The company has a quick ratio of 2.52, a current ratio of 2.61 and a debt-to-equity ratio of 2.13. Verra Mobility Co. has a 52 week low of $19.51 and a 52 week high of $31.03. The firm has a 50 day moving average price of $24.60 and a 200 day moving average price of $25.04.
About Verra Mobility
(
Free Report)
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.
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