Verisk Analytics, Inc. $VRSK Stock Position Raised by Aviso Financial Inc.

Aviso Financial Inc. boosted its holdings in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 5.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,920 shares of the business services provider’s stock after acquiring an additional 1,020 shares during the period. Aviso Financial Inc.’s holdings in Verisk Analytics were worth $5,894,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VRSK. Nuveen LLC acquired a new stake in shares of Verisk Analytics during the 1st quarter worth approximately $508,611,000. Ameriprise Financial Inc. increased its position in Verisk Analytics by 631.0% in the first quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider’s stock worth $422,676,000 after buying an additional 1,221,798 shares during the period. Invesco Ltd. increased its position in Verisk Analytics by 36.0% in the first quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock worth $669,958,000 after buying an additional 596,225 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Verisk Analytics by 35.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider’s stock valued at $492,182,000 after buying an additional 434,053 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Verisk Analytics by 52.7% during the first quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider’s stock valued at $339,586,000 after acquiring an additional 393,668 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Verisk Analytics

In related news, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.99, for a total value of $238,689.00. Following the transaction, the chief executive officer directly owned 77,807 shares in the company, valued at $16,883,340.93. The trade was a 1.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Gregory Hendrick bought 500 shares of the business’s stock in a transaction dated Friday, October 31st. The shares were bought at an average cost of $216.14 per share, for a total transaction of $108,070.00. Following the completion of the transaction, the director directly owned 2,536 shares of the company’s stock, valued at $548,131.04. This trade represents a 24.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders purchased 1,450 shares of company stock worth $314,663 and sold 7,420 shares worth $1,889,171. 0.46% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the stock an “outperform” rating in a report on Monday, August 4th. Evercore ISI dropped their price target on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a research note on Thursday, October 30th. Wells Fargo & Company cut their price target on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. The Goldman Sachs Group reduced their price objective on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Finally, Rothschild & Co Redburn restated a “sell” rating and issued a $220.00 target price (down from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $282.14.

View Our Latest Report on Verisk Analytics

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $219.84 on Tuesday. Verisk Analytics, Inc. has a twelve month low of $196.99 and a twelve month high of $322.92. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55. The firm has a 50-day moving average of $232.80 and a two-hundred day moving average of $271.71. The company 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 (NASDAQ:VRSKGet Free Report) last released its earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. The business 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 for the quarter was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

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

About Verisk Analytics

(Free Report)

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.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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