Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CEO Lee Shavel sold 3,535 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $170.70, for a total transaction of $603,424.50. Following the completion of the transaction, the chief executive officer directly owned 98,490 shares of the company’s stock, valued at $16,812,243. This trade represents a 3.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Lee Shavel also recently made the following trade(s):
- On Tuesday, September 1st, Lee Shavel sold 3,535 shares of Verisk Analytics stock. The shares were sold at an average price of $193.43, for a total transaction of $683,775.05.
- On Monday, August 3rd, Lee Shavel sold 3,535 shares of Verisk Analytics stock. The stock was sold at an average price of $196.94, for a total value of $696,182.90.
- On Wednesday, July 29th, Lee Shavel sold 2,500 shares of Verisk Analytics stock. The stock was sold at an average price of $220.00, for a total value of $550,000.00.
Verisk Analytics Stock Performance
NASDAQ:VRSK opened at $163.88 on Monday. Verisk Analytics, Inc. has a 1 year low of $155.94 and a 1 year high of $250.20. The stock has a 50-day moving average price of $183.81 and a two-hundred day moving average price of $182.27. The stock has a market cap of $21.33 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 1.87 and a beta of 0.69.
Verisk Analytics Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is 30.72%.
Institutional Trading of Verisk Analytics
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Reflection Asset Management bought a new stake in shares of Verisk Analytics during the 4th quarter worth approximately $30,000. Titan Wealth CI Ltd bought a new position in shares of Verisk Analytics in the fourth quarter valued at $32,000. MCF Advisors LLC grew its stake in shares of Verisk Analytics by 141.7% in the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock valued at $32,000 after buying an additional 85 shares in the last quarter. Ancora Advisors LLC acquired a new position in Verisk Analytics during the second quarter worth $33,000. Finally, Transamerica Financial Advisors LLC acquired a new position in Verisk Analytics during the second quarter worth $36,000. Institutional investors own 90.00% of the company’s stock.
Analyst Upgrades and Downgrades
VRSK has been the topic of a number of research analyst reports. Weiss Ratings upgraded shares of Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, August 25th. Rothschild & Co Redburn set a $185.00 target price on Verisk Analytics and gave the stock a “neutral” rating in a report on Thursday, June 18th. Wells Fargo & Company lifted their price target on Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Evercore set a $223.00 target price on Verisk Analytics in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $247.00 price target on Verisk Analytics in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $226.71.
Read Our Latest Research Report on VRSK
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics and technology company that provides information, software and predictive insights primarily to the insurance industry. Its solutions help insurers assess risk, support underwriting, manage claims, detect fraud and improve pricing and operational decision-making across property and casualty, life and specialty insurance markets.
The company’s offerings include industry data and standardized insurance information through its ISO business, catastrophe modeling and risk analytics through Extreme Event Solutions and AIR Worldwide, and property estimating and claims-management tools through Xactware.
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