United Services Automobile Association Acquires Shares of 3,416 Verisk Analytics, Inc. $VRSK

United Services Automobile Association purchased a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,416 shares of the business services provider’s stock, valued at approximately $1,006,000.

Other hedge funds also recently added to or reduced their stakes in the company. Louisbourg Investments Inc. bought a new stake in Verisk Analytics in the first quarter worth about $25,000. Global Financial Private Client LLC grew its stake in shares of Verisk Analytics by 966.7% during the first quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider’s stock valued at $38,000 after buying an additional 116 shares during the last quarter. Minot DeBlois Advisors LLC purchased a new stake in shares of Verisk Analytics in the fourth quarter worth approximately $39,000. Wayfinding Financial LLC bought a new stake in shares of Verisk Analytics during the 1st quarter worth approximately $48,000. Finally, GW&K Investment Management LLC lifted its stake in shares of Verisk Analytics by 186.7% during the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after acquiring an additional 112 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors.

Insider Activity at Verisk Analytics

In related news, Director Christopher John Perry purchased 1,000 shares of Verisk Analytics stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average cost of $259.80 per share, with a total value of $259,800.00. Following the transaction, the director owned 1,773 shares in the company, valued at approximately $460,625.40. The trade was a 129.37% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $268.00, for a total value of $80,400.00. Following the sale, the chief financial officer owned 15,465 shares of the company’s stock, valued at $4,144,620. This trade represents a 1.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,621 shares of company stock valued at $7,574,943 over the last 90 days. Insiders own 0.46% of the company’s stock.

Verisk Analytics Stock Performance

VRSK stock opened at $273.03 on Tuesday. Verisk Analytics, Inc. has a 1-year low of $259.01 and a 1-year high of $322.92. The business has a 50-day moving average price of $282.25 and a 200 day moving average price of $293.75. The company has a market capitalization of $38.15 billion, a P/E ratio of 42.07, a PEG ratio of 3.83 and a beta of 0.86. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The business had revenue of $772.60 million for the quarter, compared to the consensus estimate of $767.91 million. During the same quarter last year, the firm posted $1.74 EPS. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities research analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. Verisk Analytics’s payout ratio is 27.73%.

Analysts Set New Price Targets

A number of research firms have weighed in on VRSK. Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the stock an “outperform” rating in a research note on Monday, August 4th. Wolfe Research initiated coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price target on the stock. UBS Group decreased their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Finally, Morgan Stanley upped their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Verisk Analytics presently has a consensus rating of “Hold” and a consensus target price of $306.91.

About Verisk Analytics

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.