Forum Financial Management LP Has $311,000 Stock Holdings in Verisk Analytics, Inc. $VRSK

Forum Financial Management LP increased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 15.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 997 shares of the business services provider’s stock after purchasing an additional 137 shares during the period. Forum Financial Management LP’s holdings in Verisk Analytics were worth $311,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VRSK. Vanguard Group Inc. raised its stake in shares of Verisk Analytics by 1.5% in 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 acquiring an additional 239,483 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Verisk Analytics by 0.5% in the first 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 during the last quarter. Invesco Ltd. raised its stake in shares of Verisk Analytics by 36.0% in the first 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 during the last quarter. Nuveen LLC bought a new position in shares of Verisk Analytics in the first quarter valued at approximately $508,611,000. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Verisk Analytics by 19.9% in 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 acquiring an additional 283,238 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $234.94 on Monday. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53. The firm has a market cap of $32.82 billion, a P/E ratio of 36.20, a P/E/G ratio of 3.09 and a beta of 0.85. The firm has a 50 day simple moving average of $253.29 and a 200 day simple moving average of $282.80. Verisk Analytics, Inc. has a fifty-two week low of $228.09 and a fifty-two week high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, beating 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 business had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same quarter last year, the business posted $1.74 earnings per share. Verisk Analytics’s revenue for the quarter 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. Sell-side analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 5,420 shares of Verisk Analytics stock in a transaction 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 sale, the insider owned 54,337 shares of the company’s stock, valued at approximately $14,399,305. The trade was a 9.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction 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 sale, the chief executive officer directly owned 78,907 shares of the company’s stock, valued at $21,147,865.07. This represents a 1.37% 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 insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on VRSK shares. Weiss Ratings cut shares of Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Wells Fargo & Company cut their target price on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating for the company in a research note on Wednesday, September 17th. Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Rothschild & Co Redburn reiterated a “sell” rating and issued a $220.00 target price (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Finally, Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Verisk Analytics has a consensus rating of “Hold” and an average target price of $299.33.

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.