Verisk Analytics, Inc. $VRSK Shares Bought by ProShare Advisors LLC

ProShare Advisors LLC raised its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 214,478 shares of the business services provider’s stock after buying an additional 10,153 shares during the period. ProShare Advisors LLC’s holdings in Verisk Analytics were worth $66,810,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Cullen Frost Bankers Inc. increased its stake in Verisk Analytics by 1.1% in the 1st quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider’s stock valued at $945,000 after purchasing an additional 35 shares in the last quarter. UMB Bank n.a. grew its holdings in Verisk Analytics by 0.4% in the second quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock valued at $2,809,000 after purchasing an additional 35 shares during the last quarter. NBT Bank N A NY grew its holdings in Verisk Analytics by 11.4% in the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock valued at $106,000 after purchasing an additional 35 shares during the last quarter. Tranquility Partners LLC raised its stake in shares of Verisk Analytics by 1.1% during the 2nd quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock worth $1,006,000 after buying an additional 35 shares during the last quarter. Finally, Frank Rimerman Advisors LLC raised its stake in shares of Verisk Analytics by 3.3% during the 1st quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock worth $350,000 after buying an additional 38 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

Shares of NASDAQ VRSK opened at $212.94 on Tuesday. The company has a 50-day simple moving average of $242.17 and a 200-day simple moving average of $277.11. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.53. The company has a market cap of $29.68 billion, a PE ratio of 32.46, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. Verisk Analytics, Inc. has a 12 month low of $196.99 and a 12 month high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.02. The business had revenue of $768.30 million for the quarter, compared to the consensus estimate of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.67 earnings per share. 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 year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a dividend of $0.45 per share. The ex-dividend date is Monday, December 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. Verisk Analytics’s dividend payout ratio (DPR) is 27.44%.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, Director Gregory Hendrick acquired 500 shares of the stock in a transaction dated Friday, October 31st. The stock was acquired at an average price of $216.14 per share, with a total value of $108,070.00. Following the completion of the transaction, the director directly owned 2,536 shares in the company, valued at approximately $548,131.04. This trade represents a 24.56% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Elizabeth Mann sold 300 shares of the stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $242.23, for a total value of $72,669.00. Following the transaction, the chief financial officer owned 14,865 shares in the company, valued at $3,600,748.95. This trade represents a 1.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have acquired 2,450 shares of company stock valued at $574,463 and have sold 8,520 shares valued at $2,255,396. Company insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages 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 on the stock. Morgan Stanley upped their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Royal Bank Of Canada dropped their price objective on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Weiss Ratings downgraded Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. Finally, Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the company an “outperform” rating in a report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $282.14.

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.