Verra MobilityVRRM
Market Cap: $4.3B
About: Verra Mobility Corp provides smart transportation solutions. The company develops and uses technology and data intelligence to help make transportation safer and easier. It operates in three segments namely Commercial Services, Government Solutions, and Parking Solutions. It generates maximum revenue from the Commercial Services segment. The commercial Services segment delivers tolling and violation management services to rental car companies, commercial fleet vehicle owners, and violation issuing authorities.
Employees: 1,788
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
86% more call options, than puts
Call options by funds: $11.2M | Put options by funds: $6.03M
68% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 25
35% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 80
7% more funds holding
Funds holding: 249 [Q1] → 266 (+17) [Q2]
7% more capital invested
Capital invested by funds: $4.33B [Q1] → $4.61B (+$283M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]
2.65% less ownership
Funds ownership: 104.62% [Q1] → 101.97% (-2.65%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Deutsche Bank Faiza Alwy 57% 1-year accuracy 4 / 7 met price target | 19%upside $31 | Buy Maintained | 9 Aug 2024 |
Morgan Stanley James Faucette 62% 1-year accuracy 16 / 26 met price target | 3%upside $27 | Equal-Weight Maintained | 6 Aug 2024 |
Financial journalist opinion
Based on 5 articles about VRRM published over the past 30 days