Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CFO Elizabeth Mann sold 400 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $159.22, for a total transaction of $63,688.00. Following the completion of the transaction, the chief financial officer owned 19,584 shares of the company’s stock, valued at approximately $3,118,164.48. This represents a 2.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Elizabeth Mann also recently made the following trade(s):
- On Wednesday, April 15th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The shares were sold at an average price of $171.57, for a total transaction of $68,628.00.
- On Tuesday, March 17th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The shares were sold at an average price of $204.71, for a total transaction of $81,884.00.
Verisk Analytics Trading Up 3.6%
Shares of VRSK stock opened at $162.55 on Friday. The stock has a market cap of $21.30 billion, a price-to-earnings ratio of 24.74, a P/E/G ratio of 1.82 and a beta of 0.72. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a fifty day moving average of $184.33 and a 200-day moving average of $202.72. Verisk Analytics, Inc. has a 52-week low of $155.94 and a 52-week high of $322.92.
Verisk Analytics Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.2%. Verisk Analytics’s dividend payout ratio (DPR) is 30.44%.
Verisk Analytics announced that its Board of Directors has initiated a share repurchase program on Wednesday, February 18th that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the business services provider to buy up to 10.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Osterweis Capital Management Inc. bought a new position in Verisk Analytics in the second quarter valued at approximately $28,000. Ameriflex Group Inc. bought a new position in Verisk Analytics in the third quarter valued at approximately $25,000. Board of the Pension Protection Fund bought a new position in Verisk Analytics in the fourth quarter valued at approximately $27,000. Mcguire Capital Advisors Inc. bought a new position in Verisk Analytics in the fourth quarter valued at approximately $27,000. Finally, Reflection Asset Management bought a new position in Verisk Analytics in the fourth quarter valued at approximately $30,000. Institutional investors own 90.00% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Sunday, January 25th. The Goldman Sachs Group lowered their price objective on shares of Verisk Analytics from $239.00 to $206.00 and set a “neutral” rating for the company in a research report on Thursday, February 19th. BMO Capital Markets restated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, February 19th. Robert W. Baird set a $230.00 price objective on shares of Verisk Analytics in a research report on Thursday, February 19th. Finally, Bank of America began coverage on shares of Verisk Analytics in a research report on Tuesday, February 17th. They issued a “neutral” rating and a $205.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Verisk Analytics has an average rating of “Hold” and a consensus target price of $238.20.
Get Our Latest Stock Report on Verisk Analytics
Verisk Analytics Company Profile
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.
Featured Stories
- Five stocks we like better than Verisk Analytics
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.
