Vident Advisory LLC decreased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 15.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 18,370 shares of the business services provider’s stock after selling 3,364 shares during the period. Vident Advisory LLC’s holdings in Verisk Analytics were worth $4,330,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Smithfield Trust Co lifted its stake in shares of Verisk Analytics by 6.3% in the 4th quarter. Smithfield Trust Co now owns 727 shares of the business services provider’s stock valued at $175,000 after purchasing an additional 43 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in shares of Verisk Analytics by 2.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,533 shares of the business services provider’s stock valued at $361,000 after acquiring an additional 43 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Verisk Analytics by 25.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 221 shares of the business services provider’s stock worth $53,000 after buying an additional 45 shares during the last quarter. Webster Bank N. A. increased its position in Verisk Analytics by 28.4% in the first quarter. Webster Bank N. A. now owns 208 shares of the business services provider’s stock worth $49,000 after buying an additional 46 shares during the last quarter. Finally, Wealth Alliance increased its position in Verisk Analytics by 4.3% in the fourth quarter. Wealth Alliance now owns 1,147 shares of the business services provider’s stock worth $274,000 after buying an additional 47 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on VRSK shares. Evercore ISI lifted their price objective on Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a research note on Tuesday, June 25th. UBS Group lifted their price objective on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research note on Tuesday, July 9th. Finally, BMO Capital Markets lifted their price target on Verisk Analytics from $238.00 to $241.00 and gave the stock a “market perform” rating in a research note on Thursday, May 2nd. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $258.54.
Verisk Analytics Stock Performance
Shares of NASDAQ:VRSK traded up $3.79 during midday trading on Friday, hitting $279.69. The company had a trading volume of 114,421 shares, compared to its average volume of 835,867. The company has a debt-to-equity ratio of 9.94, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market cap of $39.91 billion, a price-to-earnings ratio of 51.69, a PEG ratio of 3.44 and a beta of 0.84. Verisk Analytics, Inc. has a 12-month low of $215.32 and a 12-month high of $282.21. The company has a fifty day moving average of $266.36 and a two-hundred day moving average of $247.26.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last issued its earnings results on Wednesday, May 1st. The business services provider reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.11. The business had revenue of $704.00 million for the quarter, compared to analyst estimates of $699.07 million. Verisk Analytics had a net margin of 28.45% and a return on equity of 268.19%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the company posted $1.29 earnings per share. On average, equities research analysts expect that Verisk Analytics, Inc. will post 6.55 EPS for the current fiscal year.
Insider Transactions at Verisk Analytics
In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction on Monday, June 17th. The stock was sold at an average price of $262.31, for a total value of $52,462.00. Following the sale, the chief financial officer now owns 16,608 shares in the company, valued at $4,356,444.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Verisk Analytics news, insider Nicholas Daffan sold 1,511 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $248.88, for a total transaction of $376,057.68. Following the completion of the sale, the insider now directly owns 52,500 shares of the company’s stock, valued at approximately $13,066,200. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Elizabeth Mann sold 200 shares of the stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $262.31, for a total value of $52,462.00. Following the transaction, the chief financial officer now directly owns 16,608 shares of the company’s stock, valued at $4,356,444.48. The disclosure for this sale can be found here. Insiders have sold 2,237 shares of company stock valued at $572,739 over the last ninety days. Insiders own 0.40% of the company’s stock.
Verisk Analytics Profile
Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.
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