Danske Bank A S bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 75,821 shares of the business services provider’s stock, valued at approximately $13,612,000.
Other institutional investors have also added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. bought a new position in Verisk Analytics in the fourth quarter worth approximately $27,000. Osterweis Capital Management Inc. acquired a new stake in Verisk Analytics in the second quarter valued at approximately $28,000. Reflection Asset Management bought a new stake in shares of Verisk Analytics during the fourth quarter valued at approximately $30,000. Elyxium Wealth LLC bought a new stake in shares of Verisk Analytics during the fourth quarter valued at approximately $31,000. Finally, MCF Advisors LLC raised its position in shares of Verisk Analytics by 141.7% during the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock worth $32,000 after purchasing an additional 85 shares during the period. 90.00% of the stock is owned by institutional investors and hedge funds.
Verisk Analytics Trading Up 0.7%
Shares of Verisk Analytics stock opened at $187.68 on Friday. The company has a market capitalization of $24.43 billion, a P/E ratio of 28.83, a price-to-earnings-growth ratio of 2.09 and a beta of 0.67. The stock has a fifty day simple moving average of $187.91 and a 200 day simple moving average of $185.45. Verisk Analytics, Inc. has a 12-month low of $155.94 and a 12-month high of $274.78. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 10.42.
Verisk Analytics Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is presently 30.72%.
Wall Street Analyst Weigh In
VRSK has been the topic of a number of recent research reports. Rothschild & Co Redburn set a $185.00 target price on Verisk Analytics and gave the stock a “neutral” rating in a report on Thursday, June 18th. Robert W. Baird set a $247.00 price target on shares of Verisk Analytics in a research note on Thursday, July 30th. UBS Group upped their price objective on shares of Verisk Analytics from $220.00 to $235.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $236.27.
View Our Latest Stock Report on Verisk Analytics
Insider Buying and Selling at Verisk Analytics
In other Verisk Analytics news, CFO Elizabeth Mann sold 400 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $179.95, for a total value of $71,980.00. Following the completion of the sale, the chief financial officer owned 18,384 shares in the company, valued at approximately $3,308,200.80. This trade represents a 2.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Samuel G. Liss sold 6,765 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $177.63, for a total transaction of $1,201,666.95. Following the transaction, the director directly owned 69,098 shares in the company, valued at approximately $12,273,877.74. This represents a 8.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 22,227 shares of company stock valued at $4,174,599 in the last quarter. 0.52% of the stock is owned by company insiders.
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.
Featured Stories
- Five stocks we like better than Verisk Analytics
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report).
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.
