Verisk Analytics, Inc. $VRSK Position Increased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC raised its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,484 shares of the business services provider’s stock after buying an additional 1,060 shares during the period. Mutual of America Capital Management LLC’s holdings in Verisk Analytics were worth $5,446,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in VRSK. Trust Co. of Toledo NA OH acquired a new position in Verisk Analytics in the 2nd quarter worth approximately $41,000. Ameritas Advisory Services LLC acquired a new position in Verisk Analytics in the 2nd quarter worth approximately $48,000. Wayfinding Financial LLC acquired a new position in Verisk Analytics in the 1st quarter worth approximately $48,000. GW&K Investment Management LLC boosted its stake in Verisk Analytics by 186.7% in the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after purchasing an additional 112 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new position in Verisk Analytics in the 1st quarter worth approximately $52,000. 90.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on VRSK. Wolfe Research began coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price objective for the company. Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Evercore ISI decreased their price objective on shares of Verisk Analytics from $292.00 to $262.00 and set an “in-line” rating for the company in a research note on Tuesday, October 14th. 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 research note on Thursday, July 31st. Finally, Rothschild & Co Redburn reiterated a “sell” rating and issued a $220.00 target price (down previously from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $299.33.

Verisk Analytics Stock Up 0.7%

VRSK stock opened at $237.03 on Wednesday. Verisk Analytics, Inc. has a 12-month low of $228.09 and a 12-month high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. The company has a market cap of $33.12 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 3.09 and a beta of 0.85. The company has a 50 day moving average of $255.14 and a two-hundred day moving average of $283.72.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, topping 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 company had revenue of $772.60 million during the quarter, compared to the consensus estimate of $767.91 million. During the same quarter in the prior year, the firm earned $1.74 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, Director Christopher John Perry purchased 1,000 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $460,625.40. This trade represents a 129.37% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction on Monday, August 18th. The shares were 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. This represents a 1.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,520 shares of company stock worth $2,255,396 over the last quarter. Company insiders own 0.46% of the company’s stock.

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.