Sequoia Financial Advisors LLC Acquires 134 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Sequoia Financial Advisors LLC increased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 7.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,872 shares of the business services provider’s stock after buying an additional 134 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Verisk Analytics were worth $502,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. International Assets Investment Management LLC acquired a new stake in Verisk Analytics in the second quarter valued at approximately $31,000. Chilton Capital Management LLC acquired a new stake in shares of Verisk Analytics during the 2nd quarter valued at $34,000. Rothschild Investment LLC bought a new stake in Verisk Analytics during the 2nd quarter worth $41,000. Kings Path Partners LLC acquired a new position in Verisk Analytics in the 2nd quarter worth about $46,000. Finally, Carolina Wealth Advisors LLC bought a new position in Verisk Analytics in the third quarter valued at about $50,000. 90.00% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VRSK has been the topic of several research reports. Deutsche Bank Aktiengesellschaft boosted their price target on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. Barclays upped their price target on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Royal Bank of Canada lifted their price target on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Evercore ISI reissued an “in-line” rating and issued a $279.00 price target on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Finally, Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Six research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Verisk Analytics currently has an average rating of “Moderate Buy” and an average target price of $278.67.

Insider Activity

In related news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the sale, the chief financial officer now owns 15,808 shares of the company’s stock, valued at approximately $4,289,184.64. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Down 0.1 %

Shares of NASDAQ VRSK opened at $264.65 on Monday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 5.86. The firm has a market cap of $37.76 billion, a PE ratio of 49.38, a P/E/G ratio of 3.40 and a beta of 0.86. The company’s fifty day simple moving average is $268.93 and its 200 day simple moving average is $261.12. Verisk Analytics, Inc. has a 12-month low of $215.32 and a 12-month high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The company had revenue of $716.80 million for the quarter, compared to analysts’ expectations of $722.45 million. During the same quarter in the prior year, the firm earned $1.51 EPS. The business’s revenue was up 6.2% on a year-over-year basis. As a group, sell-side analysts forecast that Verisk Analytics, Inc. will post 6.57 earnings per share for the current fiscal year.

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.