Seaport Res Ptn Upgrades Verisk Analytics (NASDAQ:VRSK) to “Strong-Buy”

Verisk Analytics (NASDAQ:VRSK) was upgraded by equities researchers at Seaport Res Ptn to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Other research analysts also recently issued reports about the stock. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. UBS Group reduced their price target on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Wells Fargo & Company reduced their price target 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, September 17th. Morgan Stanley raised their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Finally, Wolfe Research began coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $311.00.

Verisk Analytics Trading Down 0.8%

Verisk Analytics stock opened at $247.43 on Wednesday. The firm’s 50-day moving average is $263.86 and its 200-day moving average is $288.40. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. Verisk Analytics has a 1 year low of $239.83 and a 1 year high of $322.92. The company has a market cap of $34.57 billion, a P/E ratio of 38.12, a PEG ratio of 3.54 and a beta of 0.85.

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

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $254.72, for a total transaction of $76,416.00. Following the transaction, the chief financial officer owned 15,165 shares of the company’s stock, valued at approximately $3,862,828.80. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares in the company, valued at approximately $21,147,865.07. The trade was a 1.37% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,520 shares of company stock worth $2,273,891 in the last 90 days. Corporate insiders own 0.46% of the company’s stock.

Hedge Funds Weigh In On Verisk Analytics

Large investors have recently bought and sold shares of the stock. Louisbourg Investments Inc. acquired a new position in Verisk Analytics during the 1st quarter valued at about $25,000. AlphaCore Capital LLC acquired a new position in Verisk Analytics during the 2nd quarter valued at about $27,000. Osterweis Capital Management Inc. acquired a new position in Verisk Analytics during the 2nd quarter valued at about $28,000. Spurstone Advisory Services LLC acquired a new position in shares of Verisk Analytics in the 2nd quarter worth approximately $29,000. Finally, NewSquare Capital LLC grew its stake in shares of Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after purchasing an additional 40 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

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.