Verisk Analytics, Inc. $VRSK Shares Purchased by Cibc World Market Inc.

Cibc World Market Inc. raised its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 21.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,135 shares of the business services provider’s stock after buying an additional 7,343 shares during the period. Cibc World Market Inc.’s holdings in Verisk Analytics were worth $10,346,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. AlphaCore Capital LLC acquired a new position in Verisk Analytics during the 2nd quarter worth $27,000. Osterweis Capital Management Inc. purchased a new position in shares of Verisk Analytics in the 2nd quarter valued at about $28,000. Spurstone Advisory Services LLC purchased a new position in shares of Verisk Analytics in the 2nd quarter valued at about $29,000. NewSquare Capital LLC grew its position in shares of Verisk Analytics by 69.0% during the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after buying an additional 40 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in shares of Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after buying an additional 42 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $181.21 on Friday. The company has a fifty day moving average of $212.68 and a two-hundred day moving average of $233.88. The company has a market capitalization of $25.26 billion, a PE ratio of 27.62, a P/E/G ratio of 2.53 and a beta of 0.79. Verisk Analytics, Inc. has a 1 year low of $164.60 and a 1 year high of $322.92. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.19.

Insider Activity at Verisk Analytics

In related news, CFO Elizabeth Mann sold 300 shares of the stock in a transaction 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 in the company, valued at $3,131,738.10. This represents a 2.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.99, for a total transaction of $238,689.00. Following the transaction, the chief executive officer directly owned 77,807 shares in the company, valued at $16,883,340.93. The trade was a 1.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,700 shares of company stock worth $369,648. 0.46% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada decreased their price target on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Evercore reduced their price objective on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a report on Thursday, October 30th. BMO Capital Markets upgraded shares of Verisk Analytics from a “market perform” rating to an “outperform” rating and set a $233.00 target price for the company in a research note on Wednesday, February 4th. Wall Street Zen raised 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 report on Monday, December 29th. Eight equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Verisk Analytics presently has a consensus rating of “Hold” and an average target price of $269.57.

About Verisk Analytics

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.