Verisk Analytics (NASDAQ:VRSK) Sets New 52-Week Low – Should You Sell?

Verisk Analytics, Inc. (NASDAQ:VRSK) reached a new 52-week low during trading on Tuesday . The company traded as low as $174.65 and last traded at $178.20, with a volume of 3526059 shares changing hands. The stock had previously closed at $179.10.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Royal Bank Of Canada dropped their price objective on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. Rothschild & Co Redburn restated a “sell” rating and set a $220.00 target price (down previously from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. JPMorgan Chase & Co. cut their price target on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Argus cut Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Friday, November 14th. Finally, Wells Fargo & Company dropped their price objective on Verisk Analytics from $280.00 to $237.00 and set an “overweight” rating on the stock in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $269.57.

Verisk Analytics Trading Up 3.0%

The firm has a market capitalization of $24.95 billion, a price-to-earnings ratio of 27.29, a P/E/G ratio of 2.45 and a beta of 0.79. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19. The company has a 50 day moving average price of $213.48 and a two-hundred day moving average price of $234.67.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the business’s stock in a transaction that occurred on 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 directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.99, for a total value of $238,689.00. Following the transaction, the chief executive officer directly owned 77,807 shares of the company’s stock, valued at $16,883,340.93. The trade was a 1.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,700 shares of company stock valued at $369,648 in the last three months. Corporate insiders own 0.46% of the company’s stock.

Institutional Trading of Verisk Analytics

Several large investors have recently made changes to their positions in VRSK. Capital International Investors boosted its stake in Verisk Analytics by 1,200.9% during the 4th quarter. Capital International Investors now owns 3,264,323 shares of the business services provider’s stock worth $730,196,000 after purchasing an additional 3,013,400 shares during the last quarter. Norges Bank purchased a new position in shares of Verisk Analytics in the second quarter worth about $556,192,000. AQR Capital Management LLC boosted its position 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 last quarter. Squarepoint Ops LLC grew its stake in Verisk Analytics by 1,879.0% during the 3rd quarter. Squarepoint Ops LLC now owns 566,235 shares of the business services provider’s stock valued at $142,414,000 after acquiring an additional 537,623 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings 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 acquiring an additional 531,713 shares during the last quarter. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Verisk Analytics Company Profile

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.