Aviso Financial Inc. boosted its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK – Free 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
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:VRSK – Get 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
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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