Koshinski Asset Management Inc. Has $1.54 Million Holdings in Verisk Analytics, Inc. $VRSK

Koshinski Asset Management Inc. raised its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,951 shares of the business services provider’s stock after acquiring an additional 114 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Verisk Analytics were worth $1,542,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VRSK. Vanguard Group Inc. grew its position in Verisk Analytics by 1.5% during the first quarter. Vanguard Group Inc. now owns 16,733,589 shares of the business services provider’s stock valued at $4,980,251,000 after purchasing an additional 239,483 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Verisk Analytics by 0.5% during the 1st quarter. Alliancebernstein L.P. now owns 5,235,090 shares of the business services provider’s stock valued at $1,558,067,000 after acquiring an additional 25,010 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Verisk Analytics by 36.0% during the 1st quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock valued at $669,958,000 after acquiring an additional 596,225 shares in the last quarter. Nuveen LLC acquired a new position in shares of Verisk Analytics in the first quarter worth $508,611,000. Finally, Price T Rowe Associates Inc. MD raised its holdings 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 worth $507,219,000 after acquiring an additional 283,238 shares in the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Trading Up 1.4%

NASDAQ:VRSK opened at $232.34 on Friday. The company’s 50 day moving average is $256.24 and its 200-day moving average is $284.53. 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, Inc. has a 12 month low of $228.09 and a 12 month high of $322.92. The firm has a market cap of $32.46 billion, a price-to-earnings ratio of 35.80, a P/E/G ratio of 3.06 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. The business 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%. Verisk Analytics’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current 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 was Monday, September 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s payout ratio is presently 27.73%.

Wall Street Analyst Weigh In

VRSK has been the topic of a number of recent research reports. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Weiss Ratings restated a “buy (b-)” rating on shares of Verisk Analytics in a report on Wednesday, October 8th. Morgan Stanley lifted their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Evercore ISI dropped their price target 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, October 14th. Finally, Wells Fargo & Company cut their price target on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a report on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $299.33.

Insiders Place Their Bets

In other news, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nicholas Daffan sold 5,420 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the completion of the sale, the insider owned 54,337 shares in the company, valued at approximately $14,399,305. The trade was a 9.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,520 shares of company stock worth $2,255,396 over the last quarter. 0.46% of the stock is currently owned by company insiders.

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.