Palm Jamie E, chief accounting officer, buys NIQ Global shares for $105k

Published 29/07/2025, 01:10
Palm Jamie E, chief accounting officer, buys NIQ Global shares for $105k

NIQ Global Intelligence PLC NASDAQ:NIQ Chief Accounting Officer Palm Jamie E, recently purchased 5,000 shares of the company’s stock at a price of $21.0, according to a Form 4 filing with the Securities and Exchange Commission. The transaction, which occurred on July 24, 2025, amounted to a total investment of $105,000. The purchase comes as NIQ generates annual revenue of $4 billion with an EBITDA of $672 million, though InvestingPro data shows the company is currently not profitable.

Following the purchase, Palm Jamie E directly owns 63,478 Ordinary Shares, including 58,478 restricted share units. The stock currently trades near its 52-week high of $20.39, with InvestingPro analysis suggesting the shares are slightly overvalued at current levels.

The purchase was made through a directed share program related to the company’s public offering, with shares acquired at the public offering price. With a "Fair" overall financial health score and trading at a high Price/Book multiple, investors can access additional insights and 4 more exclusive ProTips through InvestingPro.

In other recent news, NIQ Global Intelligence plc began trading on the New York Stock Exchange, with shares opening at $20.25, slightly below the initial public offering (IPO) price of $21.00 per share. The company had priced its IPO at $21.00 per ordinary share, offering 50 million ordinary shares. The underwriters have a 30-day option to purchase up to an additional 7.5 million shares from the selling shareholder at the IPO price, excluding underwriting discounts and commissions. This offering is expected to close on July 24, 2025, pending customary closing conditions. Prior to the IPO, there was an expectation, as reported by Bloomberg, that the IPO would be priced around the midpoint of the marketed range of $20 to $24 per share. These developments mark significant steps for NIQ Global Intelligence as it transitions from being a former unit of Nielsen Holdings (NYSE:NLSN) to an independently traded entity.

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