2,959 Shares in Verisk Analytics, Inc. $VRSK Bought by ABN AMRO Bank N.V.

ABN AMRO Bank N.V. purchased a new position in Verisk Analytics, Inc. (NASDAQ:VRSK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,959 shares of the business services provider’s stock, valued at approximately $925,000.

A number of other institutional investors have also recently made changes to their positions in the business. Handelsbanken Fonder AB raised its position in shares of Verisk Analytics by 6.2% in the 2nd quarter. Handelsbanken Fonder AB now owns 90,690 shares of the business services provider’s stock valued at $28,250,000 after purchasing an additional 5,326 shares during the last quarter. Prudential PLC increased its stake in Verisk Analytics by 69.3% during the 2nd quarter. Prudential PLC now owns 29,989 shares of the business services provider’s stock valued at $9,342,000 after purchasing an additional 12,276 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Verisk Analytics in the 2nd quarter worth $280,000. FUKOKU MUTUAL LIFE INSURANCE Co lifted its position in Verisk Analytics by 418.7% during the 2nd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 4,720 shares of the business services provider’s stock worth $1,470,000 after acquiring an additional 3,810 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Verisk Analytics by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 16,894,802 shares of the business services provider’s stock worth $5,262,731,000 after buying an additional 161,213 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VRSK. Wolfe Research started coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 target price for the company. Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Verisk Analytics in a report on Wednesday. Wells Fargo & Company reduced their price target on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and decreased their target price for the company from $310.00 to $275.00 in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $282.14.

Verisk Analytics Price Performance

VRSK stock opened at $223.16 on Friday. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. The stock has a market cap of $31.10 billion, a price-to-earnings ratio of 34.02, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. The business has a fifty day moving average of $233.51 and a two-hundred day moving average of $272.76.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.02. The company had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. Verisk Analytics’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.67 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, research analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a $0.45 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. Verisk Analytics’s payout ratio is currently 27.44%.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.99, for a total value of $238,689.00. Following the sale, the chief executive officer directly owned 77,807 shares of the company’s stock, valued at approximately $16,883,340.93. This represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Gregory Hendrick bought 500 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were purchased at an average price of $216.14 per share, with a total value of $108,070.00. Following the purchase, the director owned 2,536 shares of the company’s stock, valued at approximately $548,131.04. This represents a 24.56% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have acquired 1,450 shares of company stock worth $314,663 and have sold 7,420 shares worth $1,889,171. Insiders own 0.46% of the company’s stock.

About Verisk Analytics

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.