UniSuper Management Pty Ltd boosted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 24.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,703 shares of the business services provider’s stock after buying an additional 2,846 shares during the period. UniSuper Management Pty Ltd’s holdings in Verisk Analytics were worth $3,698,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. AlphaCore Capital LLC purchased a new stake in shares of Verisk Analytics during the 2nd quarter worth $27,000. Osterweis Capital Management Inc. bought a new position in Verisk Analytics in the second quarter worth about $28,000. Spurstone Advisory Services LLC purchased a new stake in shares of Verisk Analytics during the second quarter valued at about $29,000. NewSquare Capital LLC boosted its holdings in shares of Verisk Analytics by 69.0% in the 2nd 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 in the last quarter. Finally, Hantz Financial Services Inc. grew its position in shares of Verisk Analytics by 62.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after buying an additional 42 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.
Insider Buying and Selling
In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the completion of the transaction, 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. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Gregory Hendrick acquired 500 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was acquired at an average cost of $216.14 per share, for a total transaction of $108,070.00. Following the completion of the acquisition, the director directly owned 2,536 shares in the company, valued at approximately $548,131.04. The trade was a 24.56% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have acquired 1,450 shares of company stock worth $314,663 and have sold 1,700 shares worth $369,648. Corporate insiders own 0.46% of the company’s stock.
Verisk Analytics Stock Performance
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The business had revenue of $768.30 million for the quarter, compared to the consensus estimate of $776.04 million. During the same quarter in the previous year, the business earned $1.67 EPS. The company’s quarterly revenue 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. As a group, research analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on VRSK shares. The Goldman Sachs Group decreased their target price on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Evercore ISI decreased their price objective on Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a report on Thursday, October 30th. Wolfe Research restated an “outperform” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Wells Fargo & Company reduced their target price on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Finally, Barclays raised Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their price target for the stock from $310.00 to $275.00 in a report on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $278.64.
Check Out Our Latest Research Report on Verisk Analytics
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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