Trust Investment Advisors Acquires New Stake in Verisk Analytics, Inc. $VRSK

Trust Investment Advisors acquired a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 654 shares of the business services provider’s stock, valued at approximately $204,000.

Several other large investors also recently added to or reduced their stakes in VRSK. GAMMA Investing LLC boosted its stake in Verisk Analytics by 22.4% during the first quarter. GAMMA Investing LLC now owns 4,047 shares of the business services provider’s stock valued at $1,204,000 after buying an additional 741 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Verisk Analytics by 8.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,001 shares of the business services provider’s stock valued at $1,786,000 after buying an additional 477 shares during the period. Oppenheimer & Co. Inc. bought a new stake in Verisk Analytics during the first quarter valued at $202,000. Sequoia Financial Advisors LLC boosted its stake in Verisk Analytics by 15.7% during the first quarter. Sequoia Financial Advisors LLC now owns 2,639 shares of the business services provider’s stock valued at $785,000 after buying an additional 359 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in Verisk Analytics by 0.4% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 334,072 shares of the business services provider’s stock valued at $99,427,000 after buying an additional 1,422 shares during the period. Institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling

In related news, CEO Lee Shavel sold 1,100 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer owned 78,907 shares in the company, valued at $21,147,865.07. The trade was a 1.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Christopher John Perry purchased 1,000 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, August 13th. The shares were acquired at an average price of $259.80 per share, for a total transaction of $259,800.00. Following the acquisition, the director owned 1,773 shares in the company, valued at $460,625.40. This trade represents a 129.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 8,520 shares of company stock worth $2,255,396 in the last ninety days. Corporate insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Weiss Ratings downgraded Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Morgan Stanley raised their price target on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. Wolfe Research assumed coverage on Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price target on the stock. Finally, UBS Group lowered their price target on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $299.33.

Verisk Analytics Stock Down 0.5%

VRSK opened at $233.68 on Tuesday. The company has a market cap of $32.65 billion, a P/E ratio of 36.01, a P/E/G ratio of 3.09 and a beta of 0.85. The business’s 50-day moving average price is $252.65 and its 200-day moving average price is $282.41. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics, Inc. has a 12 month low of $228.09 and a 12 month high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS 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 the consensus estimate of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current 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.