Private Trust Co. NA Sells 120 Shares of Verisk Analytics, Inc. $VRSK

Private Trust Co. NA reduced its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 30.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 269 shares of the business services provider’s stock after selling 120 shares during the period. Private Trust Co. NA’s holdings in Verisk Analytics were worth $84,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Trust Co. of Toledo NA OH bought a new position in shares of Verisk Analytics in the second quarter worth approximately $41,000. Wayfinding Financial LLC purchased a new stake in Verisk Analytics during the 1st quarter valued at $48,000. Ameritas Advisory Services LLC bought a new stake in Verisk Analytics in the 2nd quarter worth $48,000. GW&K Investment Management LLC increased its position in shares of Verisk Analytics by 186.7% in the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 112 shares during the period. Finally, Zions Bancorporation National Association UT purchased a new position in shares of Verisk Analytics in the first quarter valued at about $52,000. Institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

In other news, insider Nicholas Daffan sold 5,420 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the completion of the transaction, the insider directly owned 54,337 shares in the company, valued at approximately $14,399,305. This trade represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Christopher John Perry purchased 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was bought at an average price of $259.80 per share, for a total transaction of $259,800.00. Following the purchase, the director directly owned 1,773 shares in the company, valued at $460,625.40. The trade was a 129.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 8,520 shares of company stock worth $2,255,396 over the last three months. Company insiders own 0.46% of the company’s stock.

Verisk Analytics Price Performance

VRSK opened at $237.47 on Thursday. 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 has a market cap of $33.18 billion, a price-to-earnings ratio of 36.59, a price-to-earnings-growth ratio of 3.12 and a beta of 0.85. The stock has a fifty day simple moving average of $254.60 and a two-hundred day simple moving average of $283.40. Verisk Analytics, Inc. has a 12-month low of $228.09 and a 12-month high of $322.92.

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

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Wolfe Research initiated coverage on shares of Verisk Analytics in a report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 target price for the company. Morgan Stanley increased their price objective on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. Rothschild & Co Redburn reissued a “sell” rating and set a $220.00 target price (down from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. UBS Group dropped their price target on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a research note on Thursday, July 31st. Finally, Evercore ISI cut 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 report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $299.33.

Verisk Analytics 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.