VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 94,850 shares of the business services provider’s stock, valued at approximately $17,028,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.07% of Verisk Analytics at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the stock. NewEdge Advisors LLC grew its holdings in shares of Verisk Analytics by 1.1% in the 1st quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock worth $1,259,000 after purchasing an additional 44 shares during the last quarter. Woodline Partners LP lifted its holdings in Verisk Analytics by 39.6% during the 1st quarter. Woodline Partners LP now owns 11,931 shares of the business services provider’s stock valued at $3,551,000 after purchasing an additional 3,385 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Verisk Analytics by 114.4% in the first quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider’s stock valued at $75,000 after buying an additional 135 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in Verisk Analytics by 52.2% in the second quarter. Treasurer of the State of North Carolina now owns 135,876 shares of the business services provider’s stock valued at $42,325,000 after buying an additional 46,603 shares in the last quarter. Finally, Osterweis Capital Management Inc. bought a new stake in Verisk Analytics during the second quarter worth about $28,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related 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 value of $683,775.05. Following the completion of the sale, the chief executive officer directly owned 98,490 shares in the company, valued at $19,050,920.70. This trade represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kathy Beckles sold 2,020 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $195.49, for a total value of $394,889.80. Following the sale, the insider directly owned 11,516 shares of the company’s stock, valued at $2,251,262.84. This represents a 14.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 11,990 shares of company stock valued at $2,396,828. Company insiders own 0.52% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on VRSK
Verisk Analytics Stock Performance
Shares of NASDAQ VRSK opened at $185.79 on Tuesday. Verisk Analytics, Inc. has a 1-year low of $155.94 and a 1-year high of $273.83. The company has a 50-day moving average of $190.82 and a two-hundred day moving average of $185.97. The company has a market cap of $24.18 billion, a PE ratio of 28.54, a P/E/G ratio of 2.12 and a beta of 0.66. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 10.42.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The business services provider reported $1.98 EPS for the quarter, beating the consensus estimate of $1.93 by $0.05. The business had revenue of $806.30 million for the quarter, compared to analysts’ expectations of $804.02 million. Verisk Analytics had a net margin of 28.24% and a negative return on equity of 239.55%. Verisk Analytics’s revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.88 earnings per share. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, equities analysts expect that Verisk Analytics, Inc. will post 7.71 earnings per share for the current fiscal year.
Verisk Analytics Dividend Announcement
The company also recently disclosed 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 dividend payout ratio (DPR) is presently 30.72%.
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.
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