American Century Companies Inc. Sells 22,761 Shares of Verisk Analytics, Inc. $VRSK

American Century Companies Inc. decreased its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 462,433 shares of the business services provider’s stock after selling 22,761 shares during the period. American Century Companies Inc. owned 0.33% of Verisk Analytics worth $144,049,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Private Advisor Group LLC grew its holdings in Verisk Analytics by 13.8% during the first quarter. Private Advisor Group LLC now owns 3,452 shares of the business services provider’s stock valued at $1,027,000 after purchasing an additional 419 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Verisk Analytics by 15.4% during the 1st quarter. IFP Advisors Inc now owns 353 shares of the business services provider’s stock worth $105,000 after buying an additional 47 shares during the period. Cetera Investment Advisers grew its stake in Verisk Analytics by 6.1% in the 1st quarter. Cetera Investment Advisers now owns 73,840 shares of the business services provider’s stock valued at $21,976,000 after buying an additional 4,247 shares during the last quarter. HB Wealth Management LLC grew its stake in Verisk Analytics by 181.4% in the 1st quarter. HB Wealth Management LLC now owns 9,000 shares of the business services provider’s stock valued at $2,679,000 after buying an additional 5,802 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in Verisk Analytics by 7.3% in the 1st quarter. LPL Financial LLC now owns 116,032 shares of the business services provider’s stock worth $34,534,000 after acquiring an additional 7,929 shares during the period. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Performance

Shares of NASDAQ VRSK opened at $219.84 on Tuesday. The firm has a market capitalization of $30.64 billion, a price-to-earnings ratio of 33.51, a PEG ratio of 2.75 and a beta of 0.84. Verisk Analytics, Inc. has a one year low of $196.99 and a one year high of $322.92. The business has a fifty day simple moving average of $232.80 and a 200 day simple moving average of $271.71. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55.

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

Verisk Analytics Dividend Announcement

The firm also recently announced 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 of this dividend 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 presently 27.44%.

Insider Transactions at Verisk Analytics

In other news, insider Nicholas Daffan sold 5,420 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total value of $1,436,300.00. Following the completion of the transaction, the insider directly owned 54,337 shares of the company’s stock, valued at approximately $14,399,305. This represents a 9.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Sabra R. Purtill bought 450 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were bought at an average price of $217.95 per share, with a total value of $98,077.50. Following the transaction, the director directly owned 1,327 shares in the company, valued at $289,219.65. This trade represents a 51.31% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have acquired 1,450 shares of company stock valued at $314,663 and have sold 7,420 shares valued at $1,889,171. 0.46% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Verisk Analytics in a report on Wednesday, November 19th. Rothschild & Co Redburn reissued a “sell” rating and set a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. Rothschild Redb lowered Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. Barclays raised Verisk Analytics from an “equal weight” rating to an “overweight” rating and dropped their price target for the stock from $310.00 to $275.00 in a research report on Thursday, October 30th. Finally, Seaport Res Ptn raised Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $282.14.

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.