Verisk Analytics (NASDAQ:VRSK) CEO Lee Shavel Sells 1,100 Shares

Verisk Analytics, Inc. (NASDAQ:VRSK) CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction on Monday, November 17th. The shares were sold at an average price of $216.99, for a total value of $238,689.00. Following the completion of the transaction, the chief executive officer owned 77,807 shares of the company’s stock, valued at approximately $16,883,340.93. The trade was a 1.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Verisk Analytics Price Performance

Shares of VRSK stock traded up $3.86 during trading hours on Tuesday, hitting $222.96. 1,885,670 shares of the company’s stock were exchanged, compared to its average volume of 1,039,896. Verisk Analytics, Inc. has a 52 week low of $196.99 and a 52 week high of $322.92. The stock has a market cap of $31.07 billion, a price-to-earnings ratio of 33.99, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.53. The stock’s 50-day moving average is $236.85 and its 200-day moving average is $274.46.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.02. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The business had revenue of $768.30 million for the quarter, compared to the consensus estimate of $776.04 million. During the same quarter in the prior year, the company earned $1.67 EPS. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, research analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, December 15th. Verisk Analytics’s dividend payout ratio is 27.44%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VRSK. Advisory Services Network LLC lifted its holdings in shares of Verisk Analytics by 97.6% during the 3rd quarter. Advisory Services Network LLC now owns 5,148 shares of the business services provider’s stock valued at $1,295,000 after purchasing an additional 2,543 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in Verisk Analytics by 24.2% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 26,736 shares of the business services provider’s stock worth $6,724,000 after buying an additional 5,208 shares during the period. Morningstar Investment Management LLC bought a new position in Verisk Analytics in the third quarter valued at approximately $824,000. Kestra Private Wealth Services LLC boosted its holdings in shares of Verisk Analytics by 127.9% in the third quarter. Kestra Private Wealth Services LLC now owns 4,641 shares of the business services provider’s stock valued at $1,167,000 after buying an additional 2,605 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of Verisk Analytics by 24.1% in the third quarter. NewEdge Advisors LLC now owns 6,087 shares of the business services provider’s stock valued at $1,531,000 after buying an additional 1,181 shares during the period. 90.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VRSK has been the subject of several research analyst reports. JPMorgan Chase & Co. dropped their price objective on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Rothschild Redb downgraded Verisk Analytics from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. Rothschild & Co Redburn reaffirmed a “sell” rating and set a $220.00 price target (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their price objective for the stock from $310.00 to $275.00 in a research report on Thursday, October 30th. Finally, Argus downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $282.14.

About Verisk Analytics

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.