Verisk Analytics (NASDAQ:VRSK) CFO Elizabeth Mann Sells 300 Shares

Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Elizabeth Mann sold 300 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 value of $65,097.00. Following the completion of the sale, the chief financial officer directly owned 14,565 shares of the company’s stock, valued at $3,160,459.35. This trade represents a 2.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Elizabeth Mann also recently made the following trade(s):

• On Wednesday, October 15th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The shares were sold at an average price of $242.23, for a total transaction of $72,669.00.
• On Tuesday, September 16th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The stock was sold at an average price of $254.72, for a total transaction of $76,416.00.

Verisk Analytics Trading Up 1.8%

VRSK stock traded up $3.86 during trading on Tuesday, reaching $222.96. 1,885,670 shares of the stock were exchanged, compared to its average volume of 1,039,896. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55. The firm has a market capitalization of $31.07 billion, a price-to-earnings ratio of 33.99, a P/E/G ratio of 2.75 and a beta of 0.84. The business has a 50 day moving average price of $236.85 and a 200-day moving average price of $274.46. Verisk Analytics, Inc. has a 1 year low of $196.99 and a 1 year high of $322.92.

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

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be given a $0.45 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. Verisk Analytics’s payout ratio is currently 27.44%.

Institutional Trading of Verisk Analytics

Hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC lifted its holdings in 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 worth $1,295,000 after buying an additional 2,543 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its position in shares of Verisk Analytics by 24.2% during the third quarter. Jacobs Levy Equity Management Inc. now owns 26,736 shares of the business services provider’s stock worth $6,724,000 after acquiring an additional 5,208 shares during the period. Morningstar Investment Management LLC acquired a new stake in shares of Verisk Analytics in the third quarter valued at $824,000. Kestra Private Wealth Services LLC raised its stake 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 acquiring an additional 2,605 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in 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 purchasing an additional 1,181 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. 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. The Goldman Sachs Group decreased their target price on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Wolfe Research began coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price target for the company. Rothschild & Co Redburn restated a “sell” rating and issued a $220.00 price objective (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Finally, Wells Fargo & Company lowered their price objective on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $282.14.

Verisk Analytics Company 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.