Oppenheimer Asset Management Inc. Purchases 5,168 Shares of Verisk Analytics, Inc. $VRSK

Oppenheimer Asset Management Inc. increased its position in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 7.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,061 shares of the business services provider’s stock after acquiring an additional 5,168 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Verisk Analytics were worth $18,124,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. AdvisorShares Investments LLC grew its position in shares of Verisk Analytics by 11.9% in the third quarter. AdvisorShares Investments LLC now owns 1,678 shares of the business services provider’s stock valued at $422,000 after purchasing an additional 179 shares during the last quarter. Plato Investment Management Ltd boosted its stake in Verisk Analytics by 82.0% during the 3rd quarter. Plato Investment Management Ltd now owns 8,876 shares of the business services provider’s stock valued at $2,215,000 after purchasing an additional 3,999 shares during the period. Smartleaf Asset Management LLC boosted its stake in Verisk Analytics by 45.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,052 shares of the business services provider’s stock valued at $511,000 after purchasing an additional 639 shares during the period. Alps Advisors Inc. grew its holdings in Verisk Analytics by 11.6% in the 3rd quarter. Alps Advisors Inc. now owns 7,857 shares of the business services provider’s stock valued at $1,976,000 after buying an additional 819 shares during the last quarter. Finally, Appleton Partners Inc. MA increased its position in Verisk Analytics by 1.0% in the 3rd quarter. Appleton Partners Inc. MA now owns 43,138 shares of the business services provider’s stock worth $10,850,000 after buying an additional 414 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on VRSK shares. BMO Capital Markets raised Verisk Analytics from a “market perform” rating to an “outperform” rating and set a $233.00 price objective for the company in a research report on Wednesday, February 4th. Morgan Stanley cut their target price on shares of Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Wolfe Research restated an “outperform” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Sunday, January 25th. Finally, Evercore cut their price objective on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research report on Thursday, October 30th. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and a consensus price target of $274.07.

Check Out Our Latest Stock Analysis on VRSK

Verisk Analytics Trading Down 0.5%

Shares of VRSK stock opened at $178.20 on Tuesday. The firm has a fifty day moving average of $216.47 and a 200-day moving average of $236.40. The stock has a market cap of $24.84 billion, a price-to-earnings ratio of 27.16, a P/E/G ratio of 2.53 and a beta of 0.79. Verisk Analytics, Inc. has a 52-week low of $174.65 and a 52-week high of $322.92. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19.

Insider Activity at Verisk Analytics

In related news, CEO Lee Shavel sold 1,100 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.99, for a total value of $238,689.00. Following 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total value of $65,862.00. Following the completion of the sale, the chief financial officer owned 14,265 shares in the company, valued at $3,131,738.10. This trade represents a 2.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,700 shares of company stock worth $369,648. Corporate insiders own 0.46% of the company’s stock.

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.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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