Asset Management One Co. Ltd. Has $32.04 Million Stake in Verisk Analytics, Inc. $VRSK

Asset Management One Co. Ltd. boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.8% in the second quarter, Holdings Channel reports. The fund owned 102,859 shares of the business services provider’s stock after acquiring an additional 1,862 shares during the period. Asset Management One Co. Ltd.’s holdings in Verisk Analytics were worth $32,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Trust Co. of Toledo NA OH acquired a new position in Verisk Analytics during the 2nd quarter worth $41,000. Wayfinding Financial LLC acquired a new position in Verisk Analytics during the 1st quarter worth $48,000. Ameritas Advisory Services LLC acquired a new position in Verisk Analytics during the 2nd quarter worth $48,000. GW&K Investment Management LLC increased its holdings in shares of Verisk Analytics by 186.7% during the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after purchasing an additional 112 shares during the period. Finally, Zions Bancorporation National Association UT bought a new position in shares of Verisk Analytics during the 1st quarter worth about $52,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $234.94 on Friday. The stock has a market cap of $32.82 billion, a P/E ratio of 36.20, a PEG ratio of 3.09 and a beta of 0.85. The company’s 50-day simple moving average is $253.29 and its 200 day simple moving average is $282.81. Verisk Analytics, Inc. has a twelve month low of $228.09 and a twelve month high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. The business had revenue of $772.60 million for the quarter, compared to analysts’ expectations of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, research analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

VRSK has been the topic of several research reports. Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the stock an “outperform” rating in a report on Monday, August 4th. Seaport Res Ptn upgraded shares of Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. Rothschild Redb downgraded shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. Wells Fargo & Company dropped their price objective on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a report on Wednesday, September 17th. Finally, Morgan Stanley boosted their price objective on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Verisk Analytics has an average rating of “Hold” and an average price target of $299.33.

Insider Activity

In other news, Director Christopher John Perry acquired 1,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were purchased at an average cost of $259.80 per share, with a total value of $259,800.00. Following the completion of the purchase, the director owned 1,773 shares of the company’s stock, valued at $460,625.40. This represents a 129.37% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Nicholas Daffan sold 5,420 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the sale, the insider directly owned 54,337 shares in the company, valued at $14,399,305. This represents a 9.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,520 shares of company stock valued at $2,255,396 over the last three months. 0.46% of the stock is owned by corporate insiders.

About Verisk Analytics

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.