Verra Mobility Corp (NASDAQ:VRRM) Shares Shorted: Short Interest Down 44.4% in September

Verra Mobility Corp (NASDAQ:VRRM) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 7,961,941 shares, a decrease of 44.4% from the September 15th total of 14,332,749 shares. Based on an average daily trading volume, of 8,737,663 shares, the short-interest ratio is presently 0.9 days. Currently, 5.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. River Road Asset Management LLC raised its stake in Verra Mobility by 441.6% during the fourth quarter. River Road Asset Management LLC now owns 2,984,760 shares of the company’s stock worth $66,888,000 after purchasing an additional 2,433,610 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Verra Mobility by 206.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 935,021 shares of the company’s stock worth $13,361,000 after buying an additional 629,754 shares during the last quarter. Hawk Ridge Capital Management LP acquired a new stake in shares of Verra Mobility during the 1st quarter worth approximately $6,390,000. Bank of America Corp DE increased its holdings in shares of Verra Mobility by 34.4% during the 1st quarter. Bank of America Corp DE now owns 1,576,119 shares of the company’s stock worth $22,523,000 after buying an additional 403,638 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC purchased a new stake in shares of Verra Mobility during the 1st quarter valued at approximately $4,750,000.

Verra Mobility Price Performance

NASDAQ:VRRM traded down $0.03 during trading hours on Friday, hitting $2.92. 1,206,829 shares of the stock were exchanged, compared to its average volume of 4,488,457. The company has a market cap of $443.02 million, a P/E ratio of 11.21 and a beta of 0.42. The firm’s fifty day moving average price is $3.79 and its 200 day moving average price is $7.02. Verra Mobility has a 52-week low of $2.62 and a 52-week high of $25.45. The company has a current ratio of 2.06, a quick ratio of 1.96 and a debt-to-equity ratio of 4.58.

Verra Mobility (NASDAQ:VRRM) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.33 by $0.05. The firm had revenue of $263.59 million during the quarter, compared to analysts’ expectations of $254.81 million. Verra Mobility had a return on equity of 64.39% and a net margin of 4.40%. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.34 earnings per share. As a group, equities research analysts anticipate that Verra Mobility will post 1.10 EPS for the current fiscal year.

More Verra Mobility News

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

• Positive Sentiment: Verra Mobility reaffirmed its full-year 2026 financial outlook, suggesting that Conti’s departure is not currently expected to disrupt operations or the company’s near-term financial plan. Third-quarter results are scheduled for October 30, 2026. Verra Mobility Finance Chief to Step Down; Full-Year 2026 Guidance Reaffirmed
• Neutral Sentiment: Craig Conti will step down as executive vice president and CFO effective November 4 to join a private company outside Verra Mobility’s industry. The company has begun searching for a successor, limiting the immediate operational impact but creating a leadership transition investors will monitor. Verra Mobility Announces CFO Transition
• Negative Sentiment: Updated 2026 guidance calls for adjusted EPS of $1.11–$1.17 versus the $1.13 analyst consensus and revenue of $945 million–$965 million versus the $962.3 million consensus. Although the EPS midpoint is slightly above expectations, the revenue midpoint is below consensus, potentially weighing on growth expectations. Verra Mobility Initiates CFO Search Amid Stable Outlook
• Negative Sentiment: JPMorgan Chase reduced its price target for Verra Mobility, adding to the negative sentiment surrounding the stock, though the specific revised target was not provided in the available report. Verra Mobility Stock Price Target Cut by JPMorgan Chase

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on VRRM shares. UBS Group raised their target price on Verra Mobility from $4.00 to $6.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. decreased their target price on Verra Mobility from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday. Zacks Research upgraded Verra Mobility from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 13th. Weiss Ratings reissued a “sell (d)” rating on shares of Verra Mobility in a research note on Monday, September 14th. Finally, Morgan Stanley set a $5.00 price target on shares of Verra Mobility in a report on Thursday, August 6th. Nine analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $6.83.

Verra Mobility Company Profile

Verra Mobility Corporation (NASDAQ: VRRM) is a smart mobility technology company that provides solutions designed to make transportation safer, more efficient and easier to manage. Its customers include government agencies, commercial fleets, rental car companies and other organizations that oversee vehicles, roads and transportation programs.

The company’s government solutions include automated traffic enforcement technologies and services, such as systems used to help administer red-light, speed, school-bus-stop-arm and other roadway safety programs.