Inspire Trust Co. N.A. Grows Stake in Verisk Analytics, Inc. $VRSK

Inspire Trust Co. N.A. grew its holdings in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 180.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 14,000 shares of the business services provider’s stock after buying an additional 9,000 shares during the quarter. Inspire Trust Co. N.A.’s holdings in Verisk Analytics were worth $3,132,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Verisk Analytics by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 17,241,327 shares of the business services provider’s stock worth $4,336,366,000 after buying an additional 346,525 shares during the period. Alliancebernstein L.P. lifted its holdings in Verisk Analytics by 3.1% in the 3rd quarter. Alliancebernstein L.P. now owns 5,354,082 shares of the business services provider’s stock worth $1,346,605,000 after buying an additional 158,791 shares during the period. Geode Capital Management LLC lifted its holdings in Verisk Analytics by 0.9% in the 4th 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 during the period. Northern Trust Corp raised its position in shares of Verisk Analytics by 1.6% in the 3rd quarter. Northern Trust Corp now owns 1,694,505 shares of the business services provider’s stock worth $426,185,000 after acquiring an additional 26,518 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Verisk Analytics by 6.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,493,296 shares of the business services provider’s stock worth $374,547,000 after acquiring an additional 89,193 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling

In related news, CFO Elizabeth Mann sold 400 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $159.22, for a total transaction of $63,688.00. Following the completion of the transaction, the chief financial officer owned 19,584 shares of the company’s stock, valued at $3,118,164.48. This trade represents a 2.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Bruce Edward Hansen sold 2,335 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $171.51, for a total value of $400,475.85. Following the transaction, the director directly owned 15,868 shares of the company’s stock, valued at approximately $2,721,520.68. This trade represents a 12.83% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 3,535 shares of company stock valued at $614,676. 0.52% of the stock is owned by corporate insiders.

Verisk Analytics Stock Up 0.8%

Shares of NASDAQ:VRSK opened at $172.82 on Friday. Verisk Analytics, Inc. has a 52-week low of $155.94 and a 52-week high of $322.92. The firm has a market capitalization of $22.64 billion, a P/E ratio of 26.30, a P/E/G ratio of 1.92 and a beta of 0.72. The stock has a 50 day moving average price of $178.18 and a 200-day moving average price of $199.61. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.02 and a current ratio of 1.02.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last announced its earnings results on Wednesday, April 29th. The business services provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.06. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.The firm had revenue of $782.60 million during the quarter, compared to analyst estimates of $771.62 million. During the same quarter in the prior year, the company earned $1.73 EPS. The business’s revenue was up 4.0% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, equities research analysts anticipate that Verisk Analytics, Inc. will post 7.63 EPS for the current fiscal year.

Verisk Analytics declared that its board has authorized a share buyback plan on Wednesday, February 18th that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the business services provider to reacquire up to 10.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, June 15th. Verisk Analytics’s dividend payout ratio (DPR) is 30.44%.

Analyst Upgrades and Downgrades

VRSK has been the subject of several research reports. Weiss Ratings lowered Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. Raymond James Financial raised Verisk Analytics from an “outperform” rating to a “strong-buy” rating and increased their target price for the stock from $215.00 to $260.00 in a research report on Monday, March 2nd. Wells Fargo & Company increased their target price on Verisk Analytics from $223.00 to $240.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Capital One Financial set a $224.00 target price on Verisk Analytics in a research report on Thursday, March 5th. Finally, Robert W. Baird set a $230.00 target price on Verisk Analytics in a research report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $237.20.

Get Our Latest Stock Report on VRSK

About Verisk Analytics

(Free Report)

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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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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