ETF Managers Group LLC boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 17.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,268 shares of the business services provider’s stock after buying an additional 185 shares during the quarter. ETF Managers Group LLC’s holdings in Verisk Analytics were worth $138,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Csenge Advisory Group bought a new stake in Verisk Analytics in the third quarter valued at about $45,000. Carroll Financial Associates Inc. increased its holdings in Verisk Analytics by 87.6% in the fourth quarter. Carroll Financial Associates Inc. now owns 452 shares of the business services provider’s stock valued at $49,000 after buying an additional 211 shares during the last quarter. Lenox Wealth Management Inc. increased its holdings in Verisk Analytics by 37.5% in the fourth quarter. Lenox Wealth Management Inc. now owns 631 shares of the business services provider’s stock valued at $69,000 after buying an additional 172 shares during the last quarter. Ipswich Investment Management Co. Inc. bought a new stake in Verisk Analytics in the fourth quarter valued at about $82,000. Finally, IFP Advisors Inc grew its holdings in shares of Verisk Analytics by 24.3% during the fourth quarter. IFP Advisors Inc now owns 998 shares of the business services provider’s stock valued at $108,000 after purchasing an additional 195 shares during the last quarter. 95.94% of the stock is owned by hedge funds and other institutional investors.
VRSK has been the subject of several recent research reports. Zacks Investment Research lowered Verisk Analytics from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. Morgan Stanley set a $119.00 target price on Verisk Analytics and gave the company a “hold” rating in a report on Tuesday, January 8th. BidaskClub raised Verisk Analytics from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 24th. UBS Group lowered their target price on Verisk Analytics from $104.00 to $100.00 and set a “sell” rating for the company in a report on Tuesday, January 8th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $135.00 target price on shares of Verisk Analytics in a report on Thursday, December 6th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Verisk Analytics presently has a consensus rating of “Hold” and an average target price of $116.00.
Shares of NASDAQ VRSK opened at $122.09 on Tuesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.49 and a quick ratio of 0.49. The company has a market cap of $20.08 billion, a PE ratio of 38.03, a price-to-earnings-growth ratio of 2.33 and a beta of 0.74. Verisk Analytics, Inc. has a 12-month low of $92.62 and a 12-month high of $125.99.
In other news, Director Andrew G. Mills sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 19th. The stock was sold at an average price of $110.97, for a total transaction of $332,910.00. Following the completion of the transaction, the director now directly owns 69,605 shares in the company, valued at $7,724,066.85. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Scott G. Stephenson sold 18,804 shares of the business’s stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $121.04, for a total value of $2,276,036.16. Following the transaction, the chief executive officer now owns 834,425 shares of the company’s stock, valued at $100,998,802. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 121,978 shares of company stock valued at $14,260,923. Insiders own 3.19% of the company’s stock.
About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.
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