Y Intercept Hong Kong Ltd Buys 23,400 Shares of Verisk Analytics, Inc. $VRSK

Y Intercept Hong Kong Ltd grew its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1,201.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,347 shares of the business services provider’s stock after purchasing an additional 23,400 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Verisk Analytics were worth $7,896,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of VRSK. GAMMA Investing LLC lifted its holdings in Verisk Analytics by 22.4% during the 1st quarter. GAMMA Investing LLC now owns 4,047 shares of the business services provider’s stock worth $1,204,000 after buying an additional 741 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Verisk Analytics by 8.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 6,001 shares of the business services provider’s stock valued at $1,786,000 after buying an additional 477 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Verisk Analytics in the 1st quarter valued at $202,000. Sequoia Financial Advisors LLC increased its position in shares of Verisk Analytics by 15.7% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,639 shares of the business services provider’s stock valued at $785,000 after buying an additional 359 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in shares of Verisk Analytics by 0.4% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 334,072 shares of the business services provider’s stock valued at $99,427,000 after buying an additional 1,422 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VRSK has been the subject of a number of recent analyst reports. Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. Wolfe Research started coverage on Verisk Analytics in a report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 target price for the company. Evercore ISI lowered their target price on Verisk Analytics from $292.00 to $262.00 and set an “in-line” rating for the company in a report on Tuesday, October 14th. Rothschild Redb cut Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. Finally, UBS Group lowered their target price on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company 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 given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Verisk Analytics presently has a consensus rating of “Hold” and a consensus price target of $299.33.

Verisk Analytics Stock Down 0.5%

NASDAQ VRSK opened at $233.68 on Tuesday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics, Inc. has a 1-year low of $228.09 and a 1-year high of $322.92. The company has a 50 day moving average of $252.65 and a 200-day moving average of $282.41. The company has a market cap of $32.65 billion, a price-to-earnings ratio of 36.01, a PEG ratio of 3.09 and a beta of 0.85.

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

Insider Buying and Selling at Verisk Analytics

In other news, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $242.23, for a total value of $72,669.00. Following the completion of the sale, the chief financial officer directly owned 14,865 shares in the company, valued at approximately $3,600,748.95. The trade was a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Nicholas Daffan sold 5,420 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the completion of the sale, the insider owned 54,337 shares of the company’s stock, valued at approximately $14,399,305. The trade was a 9.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,520 shares of company stock valued at $2,255,396 in the last three months. Corporate insiders own 0.46% of the company’s stock.

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.