Verra Mobility Corp (NASDAQ:VRRM – Get Free Report) was the target of unusually large options trading activity on Wednesday. Stock traders acquired 4,100 call options on the company. This is an increase of approximately 86% compared to the typical volume of 2,209 call options.
Wall Street Analyst Weigh In
VRRM has been the topic of several recent analyst reports. Robert W. Baird cut their price target on shares of Verra Mobility from $8.00 to $6.00 and set a “neutral” rating on the stock in a report on Tuesday, June 2nd. Morgan Stanley set a $4.00 price objective on shares of Verra Mobility in a report on Wednesday, May 27th. Zacks Research lowered shares of Verra Mobility from a “hold” rating to a “strong sell” rating in a research note on Monday, June 1st. CJS Securities cut shares of 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, May 27th. Finally, JPMorgan Chase & Co. upgraded Verra Mobility from an “underweight” rating to a “neutral” rating and lifted their price target for the stock from $5.00 to $6.00 in a research note on Monday, July 13th. Eight investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Verra Mobility has an average rating of “Reduce” and an average price target of $6.50.
Read Our Latest Report on VRRM
Verra Mobility Stock Up 0.8%
Verra Mobility (NASDAQ:VRRM – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.25 EPS for the quarter, hitting analysts’ consensus estimates of $0.25. The firm had revenue of $223.57 million during 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% on a year-over-year basis. During the same period in the prior year, the business earned $0.30 EPS. Verra Mobility has set its FY 2026 guidance at 1.320-1.380 EPS. Equities research analysts forecast that Verra Mobility will post 1.08 earnings per share for the current year.
Institutional Trading of Verra Mobility
A number of large investors have recently added to or reduced their stakes in the business. Handelsbanken Fonder AB increased its stake in Verra Mobility by 24.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 60,200 shares of the company’s stock worth $256,000 after purchasing an additional 11,700 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Verra Mobility during the second quarter valued at approximately $87,000. 180 Wealth Advisors LLC raised its holdings in shares of Verra Mobility by 1,176.8% during the second quarter. 180 Wealth Advisors LLC now owns 129,275 shares of the company’s stock valued at $549,000 after acquiring an additional 119,150 shares during the period. GAMMA Investing LLC boosted its stake in Verra Mobility by 34.1% in the 2nd quarter. GAMMA Investing LLC now owns 11,142 shares of the company’s stock worth $47,000 after purchasing an additional 2,832 shares during the period. Finally, Versant Capital Management Inc grew its position in Verra Mobility by 190.4% during the 2nd quarter. Versant Capital Management Inc now owns 10,378 shares of the company’s stock worth $44,000 after purchasing an additional 6,804 shares in the last quarter.
Key Headlines Impacting Verra Mobility
Here are the key news stories impacting Verra Mobility this week:
- Positive Sentiment: The reset Avis agreement provides Verra Mobility with a renewed long-term revenue relationship and may reduce uncertainty surrounding its rental-car tolling business. However, the less favorable economics could limit the deal’s earnings contribution compared with prior expectations. Verra Mobility Is Up After Resetting Avis Deal
- Positive Sentiment: Commentary on the Avis contract characterized the agreement as better than no deal and potentially supportive of Verra Mobility’s shares by improving visibility into fleet and rental-car operations. Verra Mobility: New Avis Contract
- Neutral Sentiment: Options activity was elevated, with traders purchasing approximately 4,100 call options—about 86% above typical call volume. This suggests increased speculative interest but does not establish a fundamental change in value.
- Negative Sentiment: Several law firms reminded investors of an August 4 deadline to seek lead-plaintiff status in a securities class action covering February 24 through May 26, 2026. The filings allege that Verra Mobility and certain executives made misleading disclosures or failed to disclose risks involving revenue growth, Commercial Services, contract renewals and rental-car tolling. The allegations have not been proven, but the litigation creates legal, financial and reputational overhang. Verra Shareholder Action Reminder
Verra Mobility Company Profile
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.
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