Verisk Analytics (NASDAQ:VRSK) CFO Elizabeth Mann Sells 300 Shares of Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $242.23, for a total transaction of $72,669.00. Following the transaction, the chief financial officer directly owned 14,865 shares in the company, valued at approximately $3,600,748.95. The trade was a 1.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Elizabeth Mann also recently made the following trade(s):

• On Tuesday, September 16th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The shares were sold at an average price of $254.72, for a total transaction of $76,416.00.
• On Friday, August 15th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The shares were sold at an average price of $268.00, for a total transaction of $80,400.00.

Verisk Analytics Stock Up 0.3%

Verisk Analytics stock opened at $243.98 on Thursday. The stock has a market cap of $34.09 billion, a price-to-earnings ratio of 37.59, a PEG ratio of 3.44 and a beta of 0.85. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. The company’s 50-day moving average price is $257.60 and its two-hundred day moving average price is $285.57. Verisk Analytics, Inc. has a 52 week low of $239.78 and a 52 week high of $322.92.

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

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.45 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. Verisk Analytics’s payout ratio is currently 27.73%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on VRSK. Wells Fargo & Company lowered their price objective on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 17th. Evercore ISI lowered their price objective on shares of Verisk Analytics from $292.00 to $262.00 and set an “in-line” rating on the stock in a research note on Tuesday. Wolfe Research began coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price objective on the stock. Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the stock an “outperform” rating in a research note on Monday, August 4th. Finally, Morgan Stanley raised their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $306.55.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. CWM LLC boosted its holdings in shares of Verisk Analytics by 305.2% in the third quarter. CWM LLC now owns 18,847 shares of the business services provider’s stock worth $4,740,000 after buying an additional 14,196 shares during the period. Inspire Investing LLC boosted its holdings in shares of Verisk Analytics by 8.0% during the third quarter. Inspire Investing LLC now owns 15,197 shares of the business services provider’s stock worth $3,822,000 after purchasing an additional 1,122 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in shares of Verisk Analytics by 2.7% during the third quarter. Harbor Capital Advisors Inc. now owns 2,972 shares of the business services provider’s stock worth $747,000 after purchasing an additional 79 shares during the period. World Investment Advisors boosted its holdings in shares of Verisk Analytics by 4.5% during the third quarter. World Investment Advisors now owns 4,630 shares of the business services provider’s stock worth $1,164,000 after purchasing an additional 198 shares during the period. Finally, Global X Japan Co. Ltd. boosted its holdings in shares of Verisk Analytics by 5,600.0% during the third quarter. Global X Japan Co. Ltd. now owns 1,254 shares of the business services provider’s stock worth $315,000 after purchasing an additional 1,232 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.

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.