Verisk Analytics, Inc. $VRSK Shares Sold by iA Global Asset Management Inc.

iA Global Asset Management Inc. reduced its stake in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 39.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,326 shares of the business services provider’s stock after selling 21,465 shares during the quarter. iA Global Asset Management Inc.’s holdings in Verisk Analytics were worth $8,130,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRSK. AlphaCore Capital LLC acquired a new position in Verisk Analytics in the 2nd quarter valued at about $27,000. Osterweis Capital Management Inc. acquired a new stake in shares of Verisk Analytics during the 2nd quarter worth about $28,000. Spurstone Advisory Services LLC purchased a new stake in shares of Verisk Analytics during the second quarter worth about $29,000. NewSquare Capital LLC raised its position in shares of Verisk Analytics by 69.0% in the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after buying an additional 40 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its position in shares of Verisk Analytics by 62.7% in the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after buying an additional 42 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 300 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was 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 in the company, valued at approximately $3,131,738.10. The trade was a 2.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lee Shavel sold 1,100 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $216.99, for a total transaction of $238,689.00. Following the sale, the chief executive officer directly owned 77,807 shares of the company’s stock, valued at approximately $16,883,340.93. This trade represents a 1.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders acquired 1,450 shares of company stock worth $314,663 and sold 1,700 shares worth $369,648. 0.46% of the stock is currently owned by company insiders.

Verisk Analytics Trading Down 0.2%

VRSK stock opened at $218.04 on Friday. The company has a market cap of $30.39 billion, a price-to-earnings ratio of 33.24, a PEG ratio of 3.11 and a beta of 0.81. 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 business has a fifty day simple moving average of $220.96 and a 200-day simple moving average of $244.82. Verisk Analytics, Inc. has a 52 week low of $196.99 and a 52 week high of $322.92.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last issued its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The firm had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. During the same quarter last year, the firm earned $1.67 earnings per share. 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. On average, equities research analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Wolfe Research reissued an “outperform” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Evercore ISI lowered their price objective on Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research report on Thursday, October 30th. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and dropped their target price for the company from $310.00 to $275.00 in a research note on Thursday, October 30th. Finally, Argus lowered Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Friday, November 14th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Verisk Analytics presently has a consensus rating of “Hold” and a consensus target price of $278.64.

Read Our Latest Stock Report on VRSK

Verisk Analytics Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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