D.A. Davidson & CO. Decreases Holdings in Verisk Analytics, Inc. $VRSK

D.A. Davidson & CO. trimmed its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 10.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,438 shares of the business services provider’s stock after selling 772 shares during the quarter. D.A. Davidson & CO.’s holdings in Verisk Analytics were worth $2,005,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Trust Co. of Toledo NA OH purchased a new stake in shares of Verisk Analytics during the 2nd quarter valued at about $41,000. Wayfinding Financial LLC purchased a new stake in shares of Verisk Analytics during the 1st quarter valued at about $48,000. Ameritas Advisory Services LLC purchased a new stake in Verisk Analytics in the 2nd quarter worth about $48,000. GW&K Investment Management LLC lifted its stake in Verisk Analytics by 186.7% in the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after purchasing an additional 112 shares during the last quarter. Finally, Zions Bancorporation National Association UT bought a new stake in Verisk Analytics in the first quarter worth about $52,000. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Verisk Analytics Price Performance

Shares of VRSK stock opened at $234.94 on Monday. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53. The company has a market capitalization of $32.82 billion, a P/E ratio of 36.20, a P/E/G ratio of 3.09 and a beta of 0.85. The company’s 50-day simple moving average is $253.29 and its two-hundred day simple moving average is $282.80. Verisk Analytics, Inc. has a one year low of $228.09 and a one year high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. The business had revenue of $772.60 million for the quarter, compared to the consensus estimate of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $242.23, for a total value of $72,669.00. Following the transaction, the chief financial officer directly owned 14,865 shares in the company, valued at $3,600,748.95. This represents a 1.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer owned 78,907 shares in the company, valued at approximately $21,147,865.07. This represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,520 shares of company stock valued at $2,255,396 over the last 90 days. 0.46% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on VRSK shares. Weiss Ratings cut Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Rothschild Redb downgraded Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the stock an “outperform” rating in a report on Monday, August 4th. Wolfe Research began coverage on Verisk Analytics in a report on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price target on the stock. Finally, Morgan Stanley increased their price target on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $299.33.

Verisk Analytics Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.