Verisk Analytics, Inc. (NASDAQ:VRSK) has been given a $90.00 price target by Keefe, Bruyette & Woods in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the business services provider’s stock. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 9.69% from the stock’s current price.

VRSK has been the subject of several other reports. Macquarie raised shares of Verisk Analytics from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $90.00 to $95.00 in a report on Friday, May 5th. Zacks Investment Research downgraded shares of Verisk Analytics from a “hold” rating to a “sell” rating in a report on Friday, May 5th. J P Morgan Chase & Co downgraded shares of Verisk Analytics from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $87.00 to $75.00 in a report on Wednesday, May 3rd. BidaskClub raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $82.00 price objective (down from $83.00) on shares of Verisk Analytics in a report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $85.38.

Shares of Verisk Analytics (NASDAQ VRSK) opened at 82.05 on Monday. The company has a market cap of $13.50 billion, a PE ratio of 29.83 and a beta of 0.66. Verisk Analytics has a one year low of $75.60 and a one year high of $88.17. The stock’s 50 day moving average price is $84.00 and its 200-day moving average price is $82.08.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.05. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The firm had revenue of $523.20 million during the quarter, compared to the consensus estimate of $519.67 million. During the same period in the prior year, the firm earned $0.73 EPS. The company’s revenue was up 5.0% compared to the same quarter last year. On average, analysts expect that Verisk Analytics will post $3.14 EPS for the current year.

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In other news, Director Christopher M. Foskett sold 1,304 shares of the firm’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total transaction of $107,527.84. Following the sale, the director now owns 9,989 shares in the company, valued at approximately $823,692.94. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director David B. Wright sold 15,000 shares of the firm’s stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $80.32, for a total transaction of $1,204,800.00. Following the sale, the director now owns 22,025 shares in the company, valued at approximately $1,769,048. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,304 shares of company stock worth $1,562,738. Corporate insiders own 3.41% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Verisk Analytics by 5.0% in the second quarter. Vanguard Group Inc. now owns 15,353,093 shares of the business services provider’s stock worth $1,295,340,000 after buying an additional 734,200 shares during the last quarter. BlackRock Inc. boosted its position in shares of Verisk Analytics by 2,758.9% in the first quarter. BlackRock Inc. now owns 9,612,882 shares of the business services provider’s stock worth $779,989,000 after buying an additional 9,276,635 shares during the last quarter. State Street Corp boosted its position in shares of Verisk Analytics by 1.2% in the first quarter. State Street Corp now owns 6,496,095 shares of the business services provider’s stock worth $527,082,000 after buying an additional 76,648 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of Verisk Analytics by 1,487.4% in the second quarter. Janus Henderson Group PLC now owns 5,502,847 shares of the business services provider’s stock worth $464,275,000 after buying an additional 5,156,187 shares during the last quarter. Finally, Parnassus Investments CA boosted its position in shares of Verisk Analytics by 5.9% in the first quarter. Parnassus Investments CA now owns 5,459,968 shares of the business services provider’s stock worth $430,617,000 after buying an additional 303,701 shares during the last quarter. Institutional investors own 94.07% of the company’s stock.

About Verisk Analytics

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

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