Van ECK Associates Corp Purchases Shares of 4,088 Verisk Analytics, Inc. $VRSK

Van ECK Associates Corp purchased a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,088 shares of the business services provider’s stock, valued at approximately $734,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of VRSK. XXEC Inc. bought a new stake in Verisk Analytics in the second quarter worth about $992,675,000. BlackRock Inc. acquired a new position in shares of Verisk Analytics in the 2nd quarter worth approximately $1,852,678,000. State Street Corp raised its holdings in shares of Verisk Analytics by 1.5% in the 4th quarter. State Street Corp now owns 6,076,730 shares of the business services provider’s stock worth $1,359,304,000 after purchasing an additional 88,300 shares in the last quarter. Bamco Inc. NY acquired a new stake in Verisk Analytics during the second quarter valued at approximately $844,259,000. Finally, Geode Capital Management LLC boosted its holdings in Verisk Analytics by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 4,121,219 shares of the business services provider’s stock worth $923,576,000 after buying an additional 36,194 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on VRSK shares. Wells Fargo & Company increased their price objective on Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. UBS Group boosted their target price on Verisk Analytics from $220.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Bank of America reduced their target price on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Robert W. Baird set a $247.00 price target on Verisk Analytics in a research report on Thursday, July 30th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Verisk Analytics currently has an average rating of “Moderate Buy” and an average price target of $230.29.

Insiders Place Their Bets

In other Verisk Analytics news, CEO Lee Shavel sold 3,535 shares of Verisk Analytics stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $193.43, for a total transaction of $683,775.05. Following the transaction, the chief executive officer owned 98,490 shares of the company’s stock, valued at $19,050,920.70. The trade was a 3.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Elizabeth Mann sold 400 shares of the company’s 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 in the company, valued at $3,308,200.80. This represents a 2.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 11,990 shares of company stock worth $2,396,828. 0.52% of the stock is currently owned by company insiders.

Verisk Analytics Trading Down 2.5%

NASDAQ VRSK opened at $185.79 on Friday. The firm’s 50 day moving average price is $190.69 and its two-hundred day moving average price is $185.88. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.01 and a current ratio of 1.01. Verisk Analytics, Inc. has a twelve month low of $155.94 and a twelve month high of $273.83. The stock has a market cap of $24.18 billion, a price-to-earnings ratio of 28.54, a PEG ratio of 2.17 and a beta of 0.66.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, July 29th. The business services provider reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $0.05. The company had revenue of $806.30 million during the quarter, compared to analyst estimates of $804.02 million. Verisk Analytics had a negative return on equity of 239.55% and a net margin of 28.24%.The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.88 earnings per share. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Equities analysts anticipate that Verisk Analytics, Inc. will post 7.71 EPS for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio is currently 30.72%.

About Verisk Analytics

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.