Verisk Analytics, Inc. (NASDAQ:VRSK)‘s stock had its “hold” rating restated by equities research analysts at Royal Bank Of Canada in a research report issued on Friday. They presently have a $78.00 price target on the business services provider’s stock. Royal Bank Of Canada’s price target points to a potential downside of 6.94% from the company’s current price.

A number of other equities research analysts have also weighed in on the stock. BidaskClub raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Morgan Stanley reissued an “equal weight” rating and set a $82.00 target price (down from $83.00) on shares of Verisk Analytics in a report on Tuesday, July 18th. BMO Capital Markets reissued a “hold” rating and set a $83.00 target price on shares of Verisk Analytics in a report on Friday, September 15th. Zacks Investment Research raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. Finally, Credit Suisse Group reissued a “neutral” rating and set a $85.00 target price (up from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $84.50.

Shares of Verisk Analytics (NASDAQ VRSK) traded up 0.21% on Friday, hitting $84.00. The company’s stock had a trading volume of 473,530 shares. The stock’s 50 day moving average is $81.98 and its 200-day moving average is $81.96. Verisk Analytics has a 52 week low of $75.60 and a 52 week high of $88.17. The company has a market cap of $13.82 billion, a price-to-earnings ratio of 30.53 and a beta of 0.70.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $519.67 million. During the same period in the previous year, the firm posted $0.73 EPS. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, equities research analysts anticipate that Verisk Analytics will post $3.13 earnings per share for the current year.

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In related news, Director David B. Wright sold 10,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total transaction of $808,200.00. Following the transaction, the director now owns 13,951 shares in the company, valued at approximately $1,127,519.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Christopher M. Foskett sold 1,304 shares of the business’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 transaction, the director now owns 9,989 shares in the company, valued at approximately $823,692.94. The disclosure for this sale can be found here. Insiders sold a total of 17,304 shares of company stock worth $1,410,728 in the last 90 days. Corporate insiders own 3.41% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the stock. Eqis Capital Management Inc. lifted its position in shares of Verisk Analytics by 4.9% during the 3rd quarter. Eqis Capital Management Inc. now owns 16,682 shares of the business services provider’s stock valued at $1,388,000 after acquiring an additional 772 shares during the period. Curbstone Financial Management Corp lifted its position in shares of Verisk Analytics by 108.9% during the 3rd quarter. Curbstone Financial Management Corp now owns 14,100 shares of the business services provider’s stock valued at $1,173,000 after acquiring an additional 7,350 shares during the period. Perigon Wealth Management LLC lifted its position in shares of Verisk Analytics by 61.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock valued at $149,000 after acquiring an additional 669 shares during the period. Sentry Investment Management LLC lifted its position in shares of Verisk Analytics by 0.9% during the 2nd quarter. Sentry Investment Management LLC now owns 10,963 shares of the business services provider’s stock valued at $925,000 after acquiring an additional 103 shares during the period. Finally, Toronto Dominion Bank lifted its position in shares of Verisk Analytics by 17.5% during the 2nd quarter. Toronto Dominion Bank now owns 63,762 shares of the business services provider’s stock valued at $5,381,000 after acquiring an additional 9,500 shares during the period. Institutional investors own 93.28% of the company’s stock.

Verisk Analytics Company Profile

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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