Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CEO Lee Shavel sold 3,535 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $193.43, for a total value of $683,775.05. Following the completion of the sale, the chief executive officer owned 98,490 shares in the company, valued at approximately $19,050,920.70. This represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Lee Shavel also recently made the following trade(s):
- On Monday, August 3rd, Lee Shavel sold 3,535 shares of Verisk Analytics stock. The stock was sold at an average price of $196.94, for a total value of $696,182.90.
- On Wednesday, July 29th, Lee Shavel sold 2,500 shares of Verisk Analytics stock. The stock was sold at an average price of $220.00, for a total value of $550,000.00.
Verisk Analytics Price Performance
VRSK stock traded down $6.19 during trading on Wednesday, hitting $188.16. The company had a trading volume of 1,014,415 shares, compared to its average volume of 2,035,366. The company has a fifty day moving average price of $190.19 and a two-hundred day moving average price of $185.75. Verisk Analytics, Inc. has a fifty-two week low of $155.94 and a fifty-two week high of $273.83. The company has a market cap of $24.49 billion, a P/E ratio of 28.90, a P/E/G ratio of 2.21 and a beta of 0.66. 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 announced 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. The ex-dividend date is Tuesday, September 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. Verisk Analytics’s dividend payout ratio (DPR) is 30.72%.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on VRSK shares. Wells Fargo & Company boosted their price target on shares of Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Verisk Analytics in a report on Thursday, July 30th. Bank of America cut their target price on shares of Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Robert W. Baird set a $247.00 target price on Verisk Analytics in a report on Thursday, July 30th. Finally, Evercore set a $223.00 price target on Verisk Analytics in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $236.27.
Check Out Our Latest Stock Report on VRSK
Hedge Funds Weigh In On Verisk Analytics
A number of large investors have recently modified their holdings of VRSK. NewEdge Advisors LLC raised its position in shares of Verisk Analytics by 1.1% during the first quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock worth $1,259,000 after acquiring an additional 44 shares during the last quarter. Nicolet Advisory Services LLC boosted its holdings in Verisk Analytics by 3.5% in the third quarter. Nicolet Advisory Services LLC now owns 1,377 shares of the business services provider’s stock valued at $339,000 after acquiring an additional 47 shares during the last quarter. Barr E S & Co. boosted its holdings in Verisk Analytics by 3.1% in the fourth quarter. Barr E S & Co. now owns 1,973 shares of the business services provider’s stock valued at $441,000 after acquiring an additional 60 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in Verisk Analytics by 14.0% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 497 shares of the business services provider’s stock worth $89,000 after purchasing an additional 61 shares during the period. Finally, Ausdal Financial Partners Inc. increased its position in Verisk Analytics by 2.5% in the third quarter. Ausdal Financial Partners Inc. now owns 2,813 shares of the business services provider’s stock worth $708,000 after purchasing an additional 69 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.
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.
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