Cadence Bank Has $1.62 Million Holdings in Verisk Analytics, Inc. $VRSK

Cadence Bank boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,425 shares of the business services provider’s stock after buying an additional 45 shares during the quarter. Cadence Bank’s holdings in Verisk Analytics were worth $1,615,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Louisbourg Investments Inc. acquired a new position in Verisk Analytics in the 1st quarter valued at $25,000. Global Financial Private Client LLC grew its position in Verisk Analytics by 966.7% in the 1st quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider’s stock worth $38,000 after purchasing an additional 116 shares during the last quarter. Minot DeBlois Advisors LLC acquired a new stake in Verisk Analytics in the 4th quarter worth $39,000. Wayfinding Financial LLC acquired a new stake in Verisk Analytics in the 1st quarter worth $48,000. Finally, GW&K Investment Management LLC grew its position in Verisk Analytics by 186.7% in the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after purchasing an additional 112 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Verisk Analytics

In related news, Director Samuel G. Liss sold 11,656 shares of the firm’s stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $313.06, for a total transaction of $3,649,027.36. Following the transaction, the director directly owned 67,244 shares of the company’s stock, valued at approximately $21,051,406.64. This trade represents a 14.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the sale, the chief executive officer owned 78,907 shares in the company, valued at $21,147,865.07. The trade was a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,620 shares of company stock valued at $7,862,427 in the last quarter. Company insiders own 0.46% of the company’s stock.

Verisk Analytics Stock Down 0.3%

Shares of VRSK stock opened at $271.06 on Friday. The stock has a market cap of $37.87 billion, a price-to-earnings ratio of 41.77, a PEG ratio of 3.85 and a beta of 0.83. The firm’s 50-day moving average is $290.86 and its 200-day moving average is $295.69. Verisk Analytics, Inc. has a 52-week low of $259.01 and a 52-week high of $322.92. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53.

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

Verisk Analytics Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Robert W. Baird raised their price target on shares of Verisk Analytics from $320.00 to $335.00 and gave the stock an “outperform” rating in a research report on Thursday, May 8th. Morgan Stanley raised their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. UBS Group decreased their price target on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $305.60.

About Verisk Analytics

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.