MassMutual Private Wealth & Trust FSB Buys 68 Shares of Verisk Analytics, Inc. $VRSK

MassMutual Private Wealth & Trust FSB lifted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 14.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 523 shares of the business services provider’s stock after buying an additional 68 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Verisk Analytics were worth $163,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Louisbourg Investments Inc. bought a new stake in shares of Verisk Analytics in the 1st quarter worth approximately $25,000. Global Financial Private Client LLC raised its stake in shares of Verisk Analytics by 966.7% in the first quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 116 shares in the last quarter. Wayfinding Financial LLC bought a new position in Verisk Analytics in the first quarter worth $48,000. GW&K Investment Management LLC boosted its stake in Verisk Analytics by 186.7% during the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after buying an additional 112 shares in the last quarter. Finally, Zions Bancorporation National Association UT acquired a new stake in Verisk Analytics during the first quarter worth $52,000. 90.00% of the stock is currently owned by institutional investors.

Insider Activity at Verisk Analytics

In related news, insider Nicholas Daffan sold 5,420 shares of the business’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the sale, the insider owned 54,337 shares in the company, valued at $14,399,305. The trade was a 9.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $268.01, for a total value of $294,811.00. Following the sale, the chief executive officer owned 78,907 shares in the company, valued at $21,147,865.07. This represents a 1.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,265 shares of company stock worth $4,002,332 in the last three months. Insiders own 0.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on VRSK. Wells Fargo & Company decreased their target price on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a research report on Wednesday. Morgan Stanley boosted their price target on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Wolfe Research started coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price target on the stock. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. Finally, UBS Group dropped their target price on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $308.09.

Verisk Analytics Stock Performance

VRSK opened at $243.47 on Friday. Verisk Analytics, Inc. has a 52-week low of $242.57 and a 52-week high of $322.92. The firm has a market capitalization of $34.02 billion, a PE ratio of 37.51, a PEG ratio of 3.48 and a beta of 0.86. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. The business’s 50-day simple moving average is $273.56 and its 200 day simple moving average is $291.30.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.11. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The business had revenue of $772.60 million for the quarter, compared to analyst estimates of $767.91 million. During the same quarter in the prior year, the company posted $1.74 earnings per share. Verisk Analytics’s revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. Verisk Analytics’s payout ratio is 27.73%.

Verisk Analytics Company 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.