Mirae Asset Global Investments Co. Ltd. Sells 18,228 Shares of Verisk Analytics, Inc. $VRSK

Mirae Asset Global Investments Co. Ltd. lowered its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 23.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,366 shares of the business services provider’s stock after selling 18,228 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Verisk Analytics were worth $15,183,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. AlphaCore Capital LLC purchased a new position in shares of Verisk Analytics in the second quarter valued at about $27,000. Osterweis Capital Management Inc. bought a new stake in Verisk Analytics in the second quarter worth $28,000. Spurstone Advisory Services LLC purchased a new position in Verisk Analytics in the second quarter worth about $29,000. NewSquare Capital LLC increased its position in shares of Verisk Analytics by 69.0% during 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 last quarter. Finally, Hantz Financial Services Inc. raised its stake in shares of Verisk Analytics by 62.7% in the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 42 shares during the period. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $217.46 on Friday. Verisk Analytics, Inc. has a 1-year low of $196.99 and a 1-year high of $322.92. The stock has a 50-day moving average of $220.50 and a two-hundred day moving average of $241.86. 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 market cap of $30.31 billion, a P/E ratio of 33.15, a P/E/G ratio of 3.08 and a beta of 0.81.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, topping the consensus estimate of $1.70 by $0.02. The firm had revenue of $768.30 million during 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%.Verisk Analytics’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 posted $1.67 EPS. As a group, analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Analysts Set New Price Targets

VRSK has been the subject of a number of research analyst reports. Wolfe Research reaffirmed an “outperform” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Morgan Stanley reduced their target price on 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. JPMorgan Chase & Co. dropped their price objective on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Wall Street Zen raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Sunday, January 25th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $278.64.

Insider Buying and Selling

In other news, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction dated 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 $16,883,340.93. This represents a 1.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Elizabeth Mann sold 300 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total value of $65,862.00. Following the sale, the chief financial officer directly 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,700 shares of company stock valued at $369,648. Insiders own 0.46% of the company’s stock.

Verisk Analytics 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.