Envestnet Portfolio Solutions Inc. Has $13.46 Million Stock Position in Verisk Analytics, Inc. $VRSK

Envestnet Portfolio Solutions Inc. lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 4.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,504 shares of the business services provider’s stock after selling 2,742 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Verisk Analytics were worth $13,457,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VRSK. NewEdge Advisors LLC raised its position in shares of Verisk Analytics by 1.1% in the 1st quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock valued at $1,259,000 after buying an additional 44 shares in the last quarter. Woodline Partners LP boosted its position in shares of Verisk Analytics by 39.6% during the 1st quarter. Woodline Partners LP now owns 11,931 shares of the business services provider’s stock worth $3,551,000 after acquiring an additional 3,385 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Verisk Analytics by 114.4% in the first quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider’s stock valued at $75,000 after acquiring an additional 135 shares during the last quarter. Norden Group LLC raised its position in Verisk Analytics by 23.2% during the second quarter. Norden Group LLC now owns 1,586 shares of the business services provider’s stock valued at $494,000 after purchasing an additional 299 shares in the last quarter. Finally, Mather Group LLC. raised its position in Verisk Analytics by 5.5% during the second quarter. Mather Group LLC. now owns 962 shares of the business services provider’s stock valued at $300,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling

In related news, Director Gregory Hendrick bought 500 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were bought at an average price of $216.14 per share, for a total transaction of $108,070.00. Following the transaction, the director directly owned 2,536 shares of the company’s stock, valued at approximately $548,131.04. The trade was a 24.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction 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 completion of the sale, the chief executive officer owned 77,807 shares of the company’s stock, valued at $16,883,340.93. The trade was a 1.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have purchased 1,450 shares of company stock worth $314,663 and have sold 1,700 shares worth $369,648. 0.46% of the stock is owned by insiders.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $218.04 on Friday. The company has a market cap of $30.39 billion, a P/E ratio of 33.24, a PEG ratio of 3.11 and a beta of 0.81. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 8.55. The business has a 50-day moving average price of $220.96 and a two-hundred day moving average price of $244.82. Verisk Analytics, Inc. has a 1-year low of $196.99 and a 1-year high of $322.92.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last released its earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, topping the consensus estimate of $1.70 by $0.02. The business had revenue of $768.30 million during the quarter, compared to analysts’ expectations of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The firm’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.67 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Wells Fargo & Company reduced their price objective on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Wolfe Research reissued an “outperform” rating on shares of Verisk Analytics in a report on Monday, December 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verisk Analytics in a report on Monday, December 29th. Morgan Stanley lowered their price objective on shares of Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. Finally, Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and cut their target price for the company from $310.00 to $275.00 in a research report on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $278.64.

Read Our Latest Analysis on Verisk Analytics

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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