Wormser Freres Gestion Takes $127,000 Position in Verisk Analytics, Inc. $VRSK

Wormser Freres Gestion bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 430 shares of the business services provider’s stock, valued at approximately $127,000.

Other large investors have also bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its stake in shares of Verisk Analytics by 19.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,704,246 shares of the business services provider’s stock valued at $507,219,000 after purchasing an additional 283,238 shares during the period. Candriam S.C.A. increased its position in shares of Verisk Analytics by 154.2% in the first quarter. Candriam S.C.A. now owns 39,676 shares of the business services provider’s stock valued at $11,808,000 after acquiring an additional 24,066 shares during the period. Dorsey & Whitney Trust CO LLC raised its stake in shares of Verisk Analytics by 12.5% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 1,365 shares of the business services provider’s stock valued at $406,000 after acquiring an additional 152 shares during the last quarter. Credit Agricole S A raised its stake in shares of Verisk Analytics by 5.8% during the first quarter. Credit Agricole S A now owns 52,240 shares of the business services provider’s stock valued at $15,548,000 after acquiring an additional 2,851 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its position in Verisk Analytics by 20.7% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 12,328 shares of the business services provider’s stock valued at $3,674,000 after purchasing an additional 2,116 shares during the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the business’s stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total transaction of $98,080.36. Following the sale, the insider directly owned 9,319 shares of the company’s stock, valued at $2,803,714.34. The trade was a 3.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Samuel G. Liss sold 11,656 shares of the company’s stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $313.06, for a total value of $3,649,027.36. Following the sale, the director owned 67,244 shares in the company, valued at approximately $21,051,406.64. This trade represents a 14.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,620 shares of company stock worth $7,862,427. Insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

VRSK has been the subject of several research reports. Morgan Stanley upped their price objective on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. UBS Group reduced their target price on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Finally, Robert W. Baird increased their price objective on shares of Verisk Analytics from $320.00 to $335.00 and gave the company an “outperform” rating in a research report on Thursday, May 8th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $305.60.

Verisk Analytics Stock Down 0.1%

VRSK opened at $270.85 on Thursday. The firm has a 50-day simple moving average of $292.49 and a two-hundred day simple moving average of $295.95. Verisk Analytics, Inc. has a 52 week low of $259.01 and a 52 week high of $322.92. The company has a market capitalization of $37.84 billion, a PE ratio of 41.73, a price-to-earnings-growth ratio of 3.84 and a beta of 0.83. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34.

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

Verisk Analytics Dividend Announcement

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

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.