Douglas Lane & Associates LLC Purchases 24,657 Shares of Verisk Analytics, Inc. $VRSK

Douglas Lane & Associates LLC raised its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 561.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,052 shares of the business services provider’s stock after buying an additional 24,657 shares during the quarter. Douglas Lane & Associates LLC’s holdings in Verisk Analytics were worth $7,307,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. AlphaCore Capital LLC acquired a new position in shares of Verisk Analytics in the second quarter valued at about $27,000. Osterweis Capital Management Inc. acquired a new stake in Verisk Analytics in the 2nd quarter worth about $28,000. Spurstone Advisory Services LLC bought a new stake in Verisk Analytics in the 2nd quarter valued at about $29,000. NewSquare Capital LLC boosted its holdings in Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 40 shares during the period. Finally, Hantz Financial Services Inc. grew its position in shares of Verisk Analytics by 62.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after purchasing an additional 42 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

In related news, Director Gregory Hendrick bought 500 shares of the business’s stock in a transaction on Friday, October 31st. The shares were purchased at an average price 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 approximately $548,131.04. This represents a 24.56% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Sabra R. Purtill bought 450 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were bought at an average cost of $217.95 per share, for a total transaction of $98,077.50. Following the purchase, the director owned 1,327 shares of the company’s stock, valued at approximately $289,219.65. The trade was a 51.31% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders acquired 1,450 shares of company stock worth $314,663 and sold 2,000 shares worth $442,317. 0.46% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on VRSK. Argus downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday, November 14th. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their price objective for the stock from $310.00 to $275.00 in a research note on Thursday, October 30th. Wells Fargo & Company cut their target price on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. Finally, Rothschild & Co Redburn reaffirmed 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $278.64.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $218.03 on Friday. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19. Verisk Analytics, Inc. has a 52 week low of $196.99 and a 52 week high of $322.92. The stock has a market capitalization of $30.39 billion, a P/E ratio of 33.24, a price-to-earnings-growth ratio of 3.43 and a beta of 0.81. The stock has a fifty day moving average of $223.02 and a 200-day moving average of $259.86.

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. The firm had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.67 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, sell-side 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. Investors 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 yield of 0.8%. The ex-dividend date is Monday, December 15th. Verisk Analytics’s dividend payout ratio is currently 27.44%.

Verisk Analytics Company Profile

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.