GUARDCAP ASSET MANAGEMENT Ltd Lowers Position in Verisk Analytics, Inc. $VRSK

GUARDCAP ASSET MANAGEMENT Ltd lowered its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 21.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 596,644 shares of the business services provider’s stock after selling 162,516 shares during the period. Verisk Analytics makes up approximately 3.5% of GUARDCAP ASSET MANAGEMENT Ltd’s portfolio, making the stock its 15th biggest holding. GUARDCAP ASSET MANAGEMENT Ltd owned approximately 0.43% of Verisk Analytics worth $150,062,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Verisk Analytics by 1.0% during the second quarter. Vanguard Group Inc. now owns 16,894,802 shares of the business services provider’s stock valued at $5,262,731,000 after acquiring an additional 161,213 shares during the period. Geode Capital Management LLC lifted its stake in shares of Verisk Analytics by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 4,011,295 shares of the business services provider’s stock valued at $1,249,900,000 after purchasing an additional 33,213 shares in the last quarter. Norges Bank purchased a new stake in shares of Verisk Analytics during the 2nd quarter worth about $556,192,000. Parnassus Investments LLC grew its holdings in shares of Verisk Analytics by 31.8% during the 3rd quarter. Parnassus Investments LLC now owns 1,492,715 shares of the business services provider’s stock worth $375,433,000 after purchasing an additional 360,419 shares during the period. Finally, Franklin Resources Inc. increased its position in Verisk Analytics by 4.6% during the 2nd quarter. Franklin Resources Inc. now owns 1,333,337 shares of the business services provider’s stock worth $415,334,000 after purchasing an additional 58,772 shares in the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Stock Down 0.5%

Shares of Verisk Analytics stock opened at $178.20 on Tuesday. Verisk Analytics, Inc. has a 1-year low of $174.65 and a 1-year high of $322.92. The company has a market capitalization of $24.84 billion, a PE ratio of 27.16, a P/E/G ratio of 2.53 and a beta of 0.79. 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 business has a 50-day moving average of $216.47 and a 200-day moving average of $236.40.

Analysts Set New Price Targets

Several equities research analysts have issued reports on VRSK shares. The Goldman Sachs Group decreased their price objective on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Rothschild & Co Redburn reiterated a “sell” rating and issued a $220.00 price target (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. BMO Capital Markets raised Verisk Analytics from a “market perform” rating to an “outperform” rating and set a $233.00 price objective on the stock in a research report on Wednesday, February 4th. Morgan Stanley reduced their price objective on Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Finally, Royal Bank Of Canada lowered their target price on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $274.07.

Read Our Latest Analysis on VRSK

Insider Activity at Verisk Analytics

In other news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total transaction of $65,862.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction 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 sale, the chief executive officer directly owned 77,807 shares in the company, valued at $16,883,340.93. This represents a 1.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,700 shares of company stock valued at $369,648. Company insiders own 0.46% of the company’s stock.

Verisk Analytics Profile

(Free Report)

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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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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