Baron Wealth Management LLC Has $700,000 Stock Holdings in Verisk Analytics, Inc. $VRSK

Baron Wealth Management LLC decreased its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,247 shares of the business services provider’s stock after selling 80 shares during the period. Baron Wealth Management LLC’s holdings in Verisk Analytics were worth $700,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. raised its holdings in Verisk Analytics by 1.1% in the 1st quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider’s stock valued at $945,000 after acquiring an additional 35 shares in the last quarter. Bennett Selby Investments LP raised its holdings in Verisk Analytics by 3.1% in the 1st quarter. Bennett Selby Investments LP now owns 1,208 shares of the business services provider’s stock valued at $359,000 after acquiring an additional 36 shares in the last quarter. Private Trust Co. NA raised its holdings in Verisk Analytics by 10.2% in the 1st quarter. Private Trust Co. NA now owns 389 shares of the business services provider’s stock valued at $116,000 after acquiring an additional 36 shares in the last quarter. Frank Rimerman Advisors LLC raised its holdings in Verisk Analytics by 3.3% in the 1st quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock valued at $350,000 after acquiring an additional 38 shares in the last quarter. Finally, Kirtland Hills Capital Management LLC raised its holdings in Verisk Analytics by 1.0% in the 1st quarter. Kirtland Hills Capital Management LLC now owns 3,993 shares of the business services provider’s stock valued at $1,170,000 after acquiring an additional 41 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

VRSK has been the subject of several recent research reports. UBS Group cut their price target on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Wolfe Research assumed coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price objective on the stock. Finally, Morgan Stanley upped their price objective on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Verisk Analytics has a consensus rating of “Hold” and an average price target of $306.91.

Insiders Place Their Bets

In related news, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the sale, the chief executive officer owned 78,907 shares of the company’s stock, valued at approximately $21,147,865.07. This trade represents a 1.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Nicholas Daffan sold 5,420 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total value of $1,436,300.00. Following the sale, the insider directly owned 54,337 shares in the company, valued at $14,399,305. The trade was a 9.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold 14,265 shares of company stock worth $4,002,332 over the last three months. Insiders own 0.46% of the company’s stock.

Verisk Analytics Stock Down 1.3%

Shares of VRSK opened at $251.83 on Wednesday. The firm has a market capitalization of $35.18 billion, a price-to-earnings ratio of 38.80, a PEG ratio of 3.62 and a beta of 0.86. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. The business’s fifty day moving average price is $276.93 and its two-hundred day moving average price is $292.37. Verisk Analytics, Inc. has a 52 week low of $251.13 and a 52 week high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The firm had revenue of $772.60 million for the quarter, compared to analyst estimates of $767.91 million. During the same period last year, the company earned $1.74 EPS. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is currently 27.73%.

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.