Verisk Analytics (NASDAQ:VRSK) CEO Sells $294,811.00 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction on Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares in the company, valued at $21,147,865.07. This represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Lee Shavel also recently made the following trade(s):

• On Friday, August 15th, Lee Shavel sold 1,100 shares of Verisk Analytics stock. The stock was sold at an average price of $268.00, for a total value of $294,800.00.

Verisk Analytics Trading Down 0.1%

NASDAQ VRSK opened at $270.85 on Thursday. The stock has a market capitalization of $37.84 billion, a price-to-earnings ratio of 41.73, a PEG ratio of 3.84 and a beta of 0.83. Verisk Analytics, Inc. has a one year low of $259.01 and a one year high of $322.92. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53. The business’s fifty day moving average is $292.49 and its 200-day moving average is $295.95.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. The company had revenue of $772.60 million for the quarter, compared to analysts’ expectations of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities research analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. Verisk Analytics’s payout ratio is presently 27.73%.

Institutional Investors Weigh In On Verisk Analytics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Verisk Analytics during the second quarter valued at about $556,192,000. Nuveen LLC bought a new stake in shares of Verisk Analytics during the first quarter valued at about $508,611,000. Ameriprise Financial Inc. increased its position in shares of Verisk Analytics by 631.0% during the first quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider’s stock valued at $422,676,000 after buying an additional 1,221,798 shares during the period. GAMMA Investing LLC increased its position in shares of Verisk Analytics by 36,332.8% during the first quarter. GAMMA Investing LLC now owns 1,204,468 shares of the business services provider’s stock valued at $358,474,000 after buying an additional 1,201,162 shares during the period. Finally, Invesco Ltd. increased its position in shares of Verisk Analytics by 36.0% during the first quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock valued at $669,958,000 after buying an additional 596,225 shares during the period. 90.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Morgan Stanley lifted their target price on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. Robert W. Baird boosted their price objective on Verisk Analytics from $320.00 to $335.00 and gave the company an “outperform” rating in a research note on Thursday, May 8th. UBS Group lowered their price objective on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $305.60.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.