Verisk Analytics, Inc. $VRSK Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lessened its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 15.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 546,722 shares of the business services provider’s stock after selling 102,909 shares during the period. California Public Employees Retirement System owned 0.39% of Verisk Analytics worth $170,304,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. UMB Bank n.a. lifted its stake in Verisk Analytics by 0.4% in the 2nd quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock valued at $2,809,000 after buying an additional 35 shares in the last quarter. NBT Bank N A NY increased its position in Verisk Analytics by 11.4% during the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock worth $106,000 after buying an additional 35 shares in the last quarter. Tranquility Partners LLC raised its holdings in shares of Verisk Analytics by 1.1% in the second quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock worth $1,006,000 after acquiring an additional 35 shares during the last quarter. Frank Rimerman Advisors LLC raised its holdings in shares of Verisk Analytics by 3.3% in the first quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock worth $350,000 after acquiring an additional 38 shares during the last quarter. Finally, EWA LLC lifted its position in shares of Verisk Analytics by 3.6% in the second quarter. EWA LLC now owns 1,105 shares of the business services provider’s stock valued at $344,000 after acquiring an additional 38 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Trading Down 0.4%

NASDAQ VRSK opened at $221.24 on Monday. The company has a market cap of $30.83 billion, a P/E ratio of 33.73, a P/E/G ratio of 3.48 and a beta of 0.81. Verisk Analytics, Inc. has a 12 month low of $196.99 and a 12 month high of $322.92. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.19. The company has a 50-day moving average of $228.84 and a 200-day moving average of $266.36.

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

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued 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 presently 27.44%.

Analyst Ratings Changes

A number of research firms recently commented on VRSK. Weiss Ratings reiterated a “hold (c)” rating on shares of Verisk Analytics in a research report on Monday, December 1st. The Goldman Sachs Group decreased their price target on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. Wells Fargo & Company lowered their price target on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Barclays raised shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and cut their price objective for the company from $310.00 to $275.00 in a research report on Thursday, October 30th. Finally, Royal Bank Of Canada decreased their target price on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $282.14.

Insiders Place Their Bets

In other news, Director Jeffrey J. Dailey bought 500 shares of Verisk Analytics stock in a transaction that occurred on Friday, October 31st. The shares were purchased at an average price of $217.03 per share, for a total transaction of $108,515.00. Following the completion of the acquisition, the director owned 3,962 shares of the company’s stock, valued at $859,872.86. The trade was a 14.44% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sabra R. Purtill bought 450 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were purchased at an average price of $217.95 per share, with a total value of $98,077.50. Following the acquisition, the director directly owned 1,327 shares in the company, valued at approximately $289,219.65. This trade represents a 51.31% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 1,450 shares of company stock worth $314,663 and sold 2,000 shares worth $452,871. Corporate insiders own 0.46% of the company’s stock.

Verisk Analytics 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.