Parnassus Investments LLC Boosts Stake in Verisk Analytics, Inc. $VRSK

Parnassus Investments LLC boosted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 31.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,492,715 shares of the business services provider’s stock after purchasing an additional 360,419 shares during the period. Parnassus Investments LLC owned approximately 1.07% of Verisk Analytics worth $375,433,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Verisk Analytics by 1.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,909 shares of the business services provider’s stock worth $4,504,000 after purchasing an additional 208 shares during the period. Oregon Public Employees Retirement Fund grew its position in shares of Verisk Analytics by 31.2% in the third quarter. Oregon Public Employees Retirement Fund now owns 15,906 shares of the business services provider’s stock valued at $4,001,000 after purchasing an additional 3,783 shares during the period. Family Capital Trust Co acquired a new position in shares of Verisk Analytics during the 3rd quarter worth about $148,000. Benjamin Edwards Inc. increased its stake in Verisk Analytics by 10.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 12,970 shares of the business services provider’s stock worth $3,262,000 after buying an additional 1,245 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of Verisk Analytics by 267.8% in the third quarter. SG Americas Securities LLC now owns 23,746 shares of the business services provider’s stock worth $5,972,000 after acquiring an additional 17,289 shares during the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VRSK has been the topic of a number of research reports. Morgan Stanley decreased their price objective on Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 17th. Rothschild & Co Redburn reaffirmed a “sell” rating and issued a $220.00 price target (down previously from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Barclays raised Verisk Analytics from an “equal weight” rating to an “overweight” rating and cut their target price for the stock from $310.00 to $275.00 in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Finally, Evercore ISI reduced their target price on Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $278.64.

Verisk Analytics Stock Up 0.9%

VRSK stock opened at $224.87 on Friday. The company has a fifty day moving average price of $219.88 and a 200 day moving average price of $250.82. Verisk Analytics, Inc. has a 12 month low of $196.99 and a 12 month high of $322.92. The company has a market cap of $31.34 billion, a price-to-earnings ratio of 34.28, a price-to-earnings-growth ratio of 3.18 and a beta of 0.81. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.19.

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

Verisk Analytics Announces Dividend

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

Insiders Place Their Bets

In related news, CFO Elizabeth Mann sold 300 shares of the stock in a transaction that occurred 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 owned 14,265 shares of the company’s stock, valued at approximately $3,131,738.10. This represents a 2.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the sale, the chief executive officer owned 77,807 shares in the company, valued at $16,883,340.93. This represents a 1.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders acquired 1,450 shares of company stock worth $314,663 and sold 2,000 shares worth $442,317. 0.46% of the stock is currently owned by company insiders.

About Verisk Analytics

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.