Verisk Analytics (NASDAQ:VRSK) PT Raised to $275.00

Verisk Analytics (NASDAQ:VRSK) had its target price increased by equities research analysts at Truist Financial from $270.00 to $275.00 in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the business services provider’s stock. Truist Financial’s target price points to a potential upside of 12.53% from the company’s previous close.

Other research analysts also recently issued reports about the company. Barclays lifted their target price on Verisk Analytics from $250.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, August 3rd. Raymond James lifted their price objective on shares of Verisk Analytics from $225.00 to $255.00 and gave the company an “outperform” rating in a report on Thursday, August 3rd. Royal Bank of Canada reaffirmed an “outperform” rating and set a $250.00 price objective on shares of Verisk Analytics in a report on Thursday, August 3rd. BMO Capital Markets upped their target price on Verisk Analytics from $229.00 to $238.00 and gave the company a “market perform” rating in a report on Friday, August 4th. Finally, StockNews.com began coverage on Verisk Analytics in a research note on Thursday, August 17th. They set a “hold” rating on the stock. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Verisk Analytics currently has an average rating of “Moderate Buy” and a consensus price target of $236.31.

Verisk Analytics Trading Down 0.3 %

VRSK stock opened at $244.38 on Thursday. The company has a debt-to-equity ratio of 9.29, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market capitalization of $35.38 billion, a PE ratio of 73.83, a price-to-earnings-growth ratio of 3.95 and a beta of 0.83. Verisk Analytics has a 52 week low of $162.94 and a 52 week high of $246.24. The company’s 50-day simple moving average is $233.26 and its 200 day simple moving average is $212.44.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.40 by $0.11. Verisk Analytics had a return on equity of 83.76% and a net margin of 18.64%. The firm had revenue of $675.00 million for the quarter, compared to analyst estimates of $653.13 million. As a group, sell-side analysts anticipate that Verisk Analytics will post 5.71 earnings per share for the current year.

Insider Activity at Verisk Analytics

In related news, insider Nicholas Daffan sold 1,561 shares of the company’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $219.36, for a total value of $342,420.96. Following the completion of the transaction, the insider now directly owns 40,875 shares in the company, valued at $8,966,340. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Kathy Card Beckles sold 396 shares of the stock in a transaction that occurred on Wednesday, July 5th. The stock was sold at an average price of $222.13, for a total transaction of $87,963.48. Following the completion of the sale, the insider now owns 7,066 shares of the company’s stock, valued at $1,569,570.58. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Nicholas Daffan sold 1,561 shares of the company’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $219.36, for a total transaction of $342,420.96. Following the sale, the insider now owns 40,875 shares of the company’s stock, valued at $8,966,340. The disclosure for this sale can be found here. Insiders have sold 17,682 shares of company stock valued at $4,085,894 over the last three months. 1.31% of the stock is owned by corporate insiders.

Institutional Trading of Verisk Analytics

Large investors have recently modified their holdings of the business. Raymond James Trust N.A. lifted its holdings in Verisk Analytics by 31.5% in the 1st quarter. Raymond James Trust N.A. now owns 4,504 shares of the business services provider’s stock worth $864,000 after buying an additional 1,078 shares during the period. Headlands Technologies LLC increased its position in Verisk Analytics by 63.5% during the 1st quarter. Headlands Technologies LLC now owns 3,634 shares of the business services provider’s stock valued at $697,000 after purchasing an additional 1,411 shares during the period. Wealthfront Advisers LLC boosted its stake in shares of Verisk Analytics by 12.8% during the 1st quarter. Wealthfront Advisers LLC now owns 13,859 shares of the business services provider’s stock valued at $2,659,000 after purchasing an additional 1,571 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Verisk Analytics by 0.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 68,779 shares of the business services provider’s stock valued at $12,134,000 after purchasing an additional 359 shares in the last quarter. Finally, Merit Financial Group LLC boosted its stake in shares of Verisk Analytics by 25.2% during the 1st quarter. Merit Financial Group LLC now owns 1,784 shares of the business services provider’s stock valued at $342,000 after purchasing an additional 359 shares in the last quarter. 90.81% of the stock is owned by institutional investors.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions to the insurance markets in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, and various other fields.