Teacher Retirement System of Texas Has $26.16 Million Position in Verisk Analytics, Inc. $VRSK

Teacher Retirement System of Texas raised its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 18.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 104,004 shares of the business services provider’s stock after purchasing an additional 16,061 shares during the period. Teacher Retirement System of Texas’ holdings in Verisk Analytics were worth $26,158,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Verisk Analytics by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 16,894,802 shares of the business services provider’s stock valued at $5,262,731,000 after buying an additional 161,213 shares during the period. Geode Capital Management LLC lifted its holdings in Verisk Analytics by 0.8% during the second quarter. Geode Capital Management LLC now owns 4,011,295 shares of the business services provider’s stock worth $1,249,900,000 after acquiring an additional 33,213 shares in the last quarter. Norges Bank acquired a new position in Verisk Analytics in the second quarter valued at about $556,192,000. Parnassus Investments LLC increased its holdings in shares of Verisk Analytics by 31.8% in the third quarter. Parnassus Investments LLC now owns 1,492,715 shares of the business services provider’s stock worth $375,433,000 after acquiring an additional 360,419 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Verisk Analytics by 4.6% during the second quarter. Franklin Resources Inc. now owns 1,333,337 shares of the business services provider’s stock worth $415,334,000 after purchasing an additional 58,772 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Royal Bank Of Canada decreased their price objective on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Wells Fargo & Company reduced their price target on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Barclays raised shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their price objective for the stock from $310.00 to $275.00 in a research report on Thursday, October 30th. Rothschild & Co Redburn reaffirmed a “sell” rating and issued a $220.00 price objective (down from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. Finally, Evercore ISI reduced their target price on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research note on Thursday, October 30th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and an average target price of $278.64.

Insider Buying and Selling

In related news, Director Jeffrey J. Dailey purchased 500 shares of Verisk Analytics stock in a transaction that occurred on Friday, October 31st. The stock was purchased at an average cost of $217.03 per share, with a total value of $108,515.00. Following the completion of the transaction, the director owned 3,962 shares of the company’s stock, valued at approximately $859,872.86. This trade represents a 14.44% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gregory Hendrick purchased 500 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was bought at an average price of $216.14 per share, with a total value of $108,070.00. Following the completion of the purchase, the director owned 2,536 shares of the company’s stock, valued at approximately $548,131.04. This represents a 24.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have purchased 1,450 shares of company stock worth $314,663 and have sold 1,700 shares worth $369,648. 0.46% of the stock is currently owned by insiders.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $218.04 on Friday. Verisk Analytics, Inc. has a 12 month low of $196.99 and a 12 month high of $322.92. The company’s fifty day simple moving average is $220.96 and its 200-day simple moving average is $244.82. The firm has a market cap of $30.39 billion, a PE ratio of 33.24, a P/E/G ratio of 3.11 and a beta of 0.81. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 8.55.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The business had revenue of $768.30 million during the quarter, compared to the consensus estimate of $776.04 million. During the same quarter last year, the firm earned $1.67 earnings per share. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities research analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Company Profile

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.