Allstate Corp Makes New Investment in Verisk Analytics, Inc. $VRSK

Allstate Corp bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,993 shares of the business services provider’s stock, valued at approximately $1,256,000.

Several other institutional investors also recently modified their holdings of the business. NorthCrest Asset Manangement LLC increased its stake in shares of Verisk Analytics by 9.2% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 6,872 shares of the business services provider’s stock valued at $1,691,000 after acquiring an additional 578 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Verisk Analytics by 51.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 28,797 shares of the business services provider’s stock valued at $7,087,000 after purchasing an additional 9,812 shares during the period. Quantum Portfolio Management LLC increased its stake in Verisk Analytics by 54.8% in the third quarter. Quantum Portfolio Management LLC now owns 2,034 shares of the business services provider’s stock valued at $512,000 after purchasing an additional 720 shares in the last quarter. Oak Ridge Investments LLC raised its holdings in Verisk Analytics by 1.9% in the third quarter. Oak Ridge Investments LLC now owns 42,379 shares of the business services provider’s stock worth $10,659,000 after purchasing an additional 801 shares during the period. Finally, Sequoia Financial Advisors LLC raised its holdings in Verisk Analytics by 1.6% in the third quarter. Sequoia Financial Advisors LLC now owns 3,245 shares of the business services provider’s stock worth $816,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

VRSK has been the subject of several research analyst reports. Rothschild & Co Redburn reiterated a “sell” rating and issued a $220.00 price target (down previously from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Morgan Stanley cut their price objective on shares of Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 17th. The Goldman Sachs Group lowered their target price on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Wells Fargo & Company dropped their price target on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, Argus lowered Verisk Analytics from a “buy” rating to a “hold” rating in a report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $278.64.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $219.54, for a total value of $65,862.00. Following the sale, the chief financial officer owned 14,265 shares of the company’s stock, valued at approximately $3,131,738.10. This trade represents a 2.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sabra R. Purtill bought 450 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was acquired at an average price of $217.95 per share, for a total transaction of $98,077.50. Following the transaction, 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 1,450 shares of company stock valued at $314,663 and sold 1,700 shares valued at $369,648. Company insiders own 0.46% of the company’s stock.

Verisk Analytics Trading Down 0.9%

Shares of Verisk Analytics stock opened at $218.49 on Wednesday. The firm’s 50-day moving average price is $220.82 and its two-hundred day moving average price is $245.83. The company has a market capitalization of $30.45 billion, a price-to-earnings ratio of 33.31, a PEG ratio of 3.13 and a beta of 0.81. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. Verisk Analytics, Inc. has a 12-month low of $196.99 and a 12-month high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last issued 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 company had revenue of $768.30 million during 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 firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

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.