Goldman Sachs Group Inc. Has $339.26 Million Position in Verisk Analytics, Inc. $VRSK

Goldman Sachs Group Inc. grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 49.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 1,139,913 shares of the business services provider’s stock after buying an additional 377,614 shares during the period. Goldman Sachs Group Inc.’s holdings in Verisk Analytics were worth $339,261,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Louisbourg Investments Inc. acquired a new position in shares of Verisk Analytics during the first quarter valued at about $25,000. Global Financial Private Client LLC increased its stake in Verisk Analytics by 966.7% in the first quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 116 shares during the period. Minot DeBlois Advisors LLC bought a new stake in Verisk Analytics in the fourth quarter valued at about $39,000. Wayfinding Financial LLC bought a new stake in Verisk Analytics in the first quarter valued at about $48,000. Finally, GW&K Investment Management LLC increased its stake in Verisk Analytics by 186.7% in the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 112 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

In other news, insider Nicholas Daffan sold 5,420 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were 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 of the company’s stock, valued at $14,399,305. This represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Kathy Card Beckles sold 326 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total transaction of $98,080.36. Following the sale, the insider directly owned 9,319 shares in the company, valued at $2,803,714.34. This trade represents a 3.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,621 shares of company stock valued at $7,574,943 over the last three months. Insiders own 0.46% of the company’s stock.

Verisk Analytics Price Performance

Shares of Verisk Analytics stock opened at $268.66 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. The stock has a market capitalization of $37.54 billion, a price-to-earnings ratio of 41.40, a P/E/G ratio of 3.87 and a beta of 0.86. Verisk Analytics, Inc. has a 1-year low of $259.01 and a 1-year high of $322.92. The firm’s 50-day moving average price is $281.36 and its two-hundred day moving average price is $293.58.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.11. The firm 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 company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

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 paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. Verisk Analytics’s dividend payout ratio is 27.73%.

Analysts Set New Price Targets

A number of analysts recently weighed in on VRSK shares. UBS Group lowered their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Wolfe Research started coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 target price on the stock. Morgan Stanley upped their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the stock an “outperform” rating in a research note on Monday, August 4th. Five 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $306.91.

Verisk Analytics Company Profile

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.