Verisk Analytics (NASDAQ:VRSK) CFO Sells $65,862.00 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total transaction of $65,862.00. Following the completion of the sale, the chief financial officer directly owned 14,265 shares in the company, valued at approximately $3,131,738.10. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Elizabeth Mann also recently made the following trade(s):

• On Monday, November 17th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The stock was sold at an average price of $216.99, for a total transaction of $65,097.00.
• On Wednesday, October 15th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The shares were sold at an average price of $242.23, for a total transaction of $72,669.00.

Verisk Analytics Trading Down 0.3%

Verisk Analytics stock traded down $0.59 during trading hours on Tuesday, reaching $217.64. 1,346,725 shares of the company’s stock were exchanged, compared to its average volume of 1,062,743. The firm’s 50 day simple moving average is $225.03 and its 200 day simple moving average is $262.23. Verisk Analytics, Inc. has a twelve month low of $196.99 and a twelve month high of $322.92. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. The firm has a market capitalization of $30.33 billion, a PE ratio of 33.18, a PEG ratio of 3.41 and a beta of 0.81.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, beating the consensus estimate of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. During the same quarter in the prior year, the company earned $1.67 EPS. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Research analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Rothschild & Co Redburn reiterated a “sell” rating and issued a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Evercore ISI decreased their price target on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research note on Thursday, October 30th. Seaport Res Ptn upgraded shares of Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. Wells Fargo & Company cut their price objective on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Finally, Rothschild Redb lowered Verisk Analytics from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $282.14.

Institutional Investors Weigh In On Verisk Analytics

Several hedge funds and other institutional investors have recently made changes to their positions in VRSK. Norges Bank bought a new position in shares of Verisk Analytics during the 2nd quarter worth approximately $556,192,000. Ameriprise Financial Inc. increased its position in shares of Verisk Analytics by 631.0% during the first quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider’s stock valued at $422,676,000 after acquiring an additional 1,221,798 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Verisk Analytics by 334.5% during the third quarter. AQR Capital Management LLC now owns 754,548 shares of the business services provider’s stock worth $188,237,000 after acquiring an additional 580,885 shares during the period. Squarepoint Ops LLC boosted its position in Verisk Analytics by 1,879.0% in the third quarter. Squarepoint Ops LLC now owns 566,235 shares of the business services provider’s stock worth $142,414,000 after purchasing an additional 537,623 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in Verisk Analytics by 232.3% in the 3rd quarter. First Trust Advisors LP now owns 760,599 shares of the business services provider’s stock valued at $191,298,000 after purchasing an additional 531,713 shares during the period. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Company Profile

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.