OMERS ADMINISTRATION Corp acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,583 shares of the business services provider’s stock, valued at approximately $1,361,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. XXEC Inc. acquired a new stake in Verisk Analytics during the 2nd quarter worth approximately $992,675,000. BlackRock Inc. bought a new position in Verisk Analytics during the 2nd quarter worth $1,852,678,000. Capital International Investors increased its position in Verisk Analytics by 1,200.9% during the 4th quarter. Capital International Investors now owns 3,264,323 shares of the business services provider’s stock worth $730,196,000 after buying an additional 3,013,400 shares during the period. Norges Bank acquired a new stake in shares of Verisk Analytics during the fourth quarter worth $346,457,000. Finally, Deutsche Bank AG acquired a new stake in shares of Verisk Analytics during the second quarter worth $138,842,000. Institutional investors and hedge funds own 90.00% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on VRSK shares. Evercore set a $223.00 price target on shares of Verisk Analytics in a research report on Thursday, July 30th. Morgan Stanley set a $235.00 price objective on shares of Verisk Analytics in a report on Thursday, April 30th. BMO Capital Markets restated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, July 30th. Bank of America lowered their target price on shares of Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Finally, Weiss Ratings downgraded shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $236.27.
Insider Activity
In other news, CFO Elizabeth Mann sold 400 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $179.95, for a total value of $71,980.00. Following the completion of the transaction, the chief financial officer owned 18,384 shares of the company’s stock, valued at approximately $3,308,200.80. This represents a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lee Shavel sold 3,535 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $196.94, for a total transaction of $696,182.90. Following the completion of the sale, the chief executive officer owned 98,490 shares in the company, valued at approximately $19,396,620.60. The trade was a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 22,227 shares of company stock valued at $4,174,599. Corporate insiders own 0.52% of the company’s stock.
Verisk Analytics Stock Performance
Shares of NASDAQ:VRSK opened at $187.87 on Thursday. Verisk Analytics, Inc. has a 1 year low of $155.94 and a 1 year high of $273.83. The stock has a market capitalization of $24.45 billion, a price-to-earnings ratio of 28.86, a price-to-earnings-growth ratio of 2.11 and a beta of 0.67. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.01 and a quick ratio of 1.01. The company’s 50 day simple moving average is $188.60 and its 200 day simple moving average is $185.26.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its earnings results on Wednesday, July 29th. The business services provider reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.05. Verisk Analytics had a negative return on equity of 239.55% and a net margin of 28.24%.The firm had revenue of $806.30 million during the quarter, compared to analysts’ expectations of $804.02 million. During the same period in the prior year, the company earned $1.88 earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, research analysts predict that Verisk Analytics, Inc. will post 7.71 EPS for the current fiscal year.
Verisk Analytics Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, September 15th. Verisk Analytics’s payout ratio is currently 30.72%.
Verisk Analytics 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.
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