AlphaQuest LLC Buys 8,756 Shares of Verisk Analytics, Inc. $VRSK

AlphaQuest LLC lifted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 264.8% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 12,063 shares of the business services provider’s stock after buying an additional 8,756 shares during the quarter. AlphaQuest LLC’s holdings in Verisk Analytics were worth $3,034,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. NBT Bank N A NY lifted 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 acquiring an additional 35 shares during the last quarter. Tranquility Partners LLC increased its stake in shares of Verisk Analytics by 1.1% during the second quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock worth $1,006,000 after purchasing an additional 35 shares during the period. EWA LLC lifted its holdings in Verisk Analytics by 3.6% during the 2nd quarter. EWA LLC now owns 1,105 shares of the business services provider’s stock worth $344,000 after purchasing an additional 38 shares during the last quarter. Accretive Wealth Partners LLC boosted its stake in Verisk Analytics by 0.8% in the 2nd quarter. Accretive Wealth Partners LLC now owns 4,548 shares of the business services provider’s stock valued at $1,417,000 after purchasing an additional 38 shares during the period. Finally, STF Management LP boosted its stake in Verisk Analytics by 1.8% in the 2nd quarter. STF Management LP now owns 2,119 shares of the business services provider’s stock valued at $660,000 after purchasing an additional 38 shares during the period. Institutional investors own 90.00% of the company’s stock.

Analyst Upgrades and Downgrades

VRSK has been the topic of several recent research reports. The Goldman Sachs Group lowered their price objective on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Rothschild & Co Redburn reiterated a “sell” rating and issued a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Wells Fargo & Company cut their price objective 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. Finally, Wolfe Research restated an “outperform” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $278.64.

Verisk Analytics Price Performance

VRSK stock opened at $216.59 on Friday. The stock has a market cap of $30.19 billion, a price-to-earnings ratio of 33.02, a P/E/G ratio of 3.12 and a beta of 0.81. 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 simple moving average of $220.61 and a 200 day simple moving average of $242.47. Verisk Analytics, Inc. has a 1 year low of $196.99 and a 1 year high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last posted its 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 firm had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The company’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.67 earnings per share. Research analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Insider Transactions at Verisk Analytics

In other news, CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief financial officer owned 14,265 shares of the company’s stock, valued at $3,131,738.10. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the completion of the transaction, the chief executive officer owned 77,807 shares of the company’s stock, valued at approximately $16,883,340.93. This trade represents a 1.39% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,700 shares of company stock valued at $369,648. Insiders own 0.46% of the company’s stock.

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.