Thrivent Financial for Lutherans decreased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 5.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,775 shares of the business services provider’s stock after selling 5,533 shares during the quarter. Thrivent Financial for Lutherans owned 0.07% of Verisk Analytics worth $25,346,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Frank Rimerman Advisors LLC grew its holdings in Verisk Analytics by 66.3% in the third quarter. Frank Rimerman Advisors LLC now owns 1,964 shares of the business services provider’s stock valued at $494,000 after purchasing an additional 783 shares during the last quarter. National Pension Service boosted its position in shares of Verisk Analytics by 3.1% in the 3rd quarter. National Pension Service now owns 229,438 shares of the business services provider’s stock worth $57,706,000 after buying an additional 6,910 shares in the last quarter. Welch & Forbes LLC grew its stake in Verisk Analytics by 3.7% in the 3rd quarter. Welch & Forbes LLC now owns 19,841 shares of the business services provider’s stock valued at $4,990,000 after acquiring an additional 702 shares during the last quarter. AlphaQuest LLC increased its holdings in Verisk Analytics by 264.8% during the 3rd quarter. AlphaQuest LLC now owns 12,063 shares of the business services provider’s stock valued at $3,034,000 after acquiring an additional 8,756 shares in the last quarter. Finally, Tandem Investment Advisors Inc. raised its position in Verisk Analytics by 6.9% during the third quarter. Tandem Investment Advisors Inc. now owns 177,866 shares of the business services provider’s stock worth $44,735,000 after acquiring an additional 11,539 shares during the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on VRSK shares. JPMorgan Chase & Co. lowered their price target on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Wolfe Research reiterated an “outperform” rating on shares of Verisk Analytics in a report on Monday, December 29th. Argus cut Verisk Analytics from a “buy” rating to a “hold” rating in a report on Friday, November 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Finally, Morgan Stanley cut their target price on shares of Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $278.64.
Verisk Analytics Stock Performance
NASDAQ VRSK opened at $214.15 on Tuesday. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.19. Verisk Analytics, Inc. has a 1-year low of $196.99 and a 1-year high of $322.92. The firm has a market capitalization of $29.85 billion, a P/E ratio of 32.64, a P/E/G ratio of 3.10 and a beta of 0.81. The business’s 50-day simple moving average is $220.39 and its 200-day simple moving average is $240.40.
Insider Buying and Selling at Verisk Analytics
In related news, CEO Lee Shavel sold 1,100 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.99, for a total value of $238,689.00. Following the completion of the sale, the chief executive officer directly owned 77,807 shares in the company, valued at approximately $16,883,340.93. This represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Elizabeth Mann sold 300 shares of the firm’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 completion of the transaction, the chief financial officer directly owned 14,265 shares in the company, valued at $3,131,738.10. This trade represents a 2.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,700 shares of company stock valued at $369,648 in the last three months. Company 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.
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