Verisk Analytics, Inc. $VRSK Holdings Decreased by Bessemer Group Inc.

Bessemer Group Inc. reduced its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 38.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,657 shares of the business services provider’s stock after selling 2,881 shares during the period. Bessemer Group Inc.’s holdings in Verisk Analytics were worth $1,451,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. lifted its position in shares of Verisk Analytics by 8.6% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,001 shares of the business services provider’s stock worth $1,786,000 after purchasing an additional 477 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of Verisk Analytics during the 1st quarter valued at $202,000. Mather Group LLC. boosted its stake in shares of Verisk Analytics by 12.3% during the 1st quarter. Mather Group LLC. now owns 912 shares of the business services provider’s stock valued at $272,000 after buying an additional 100 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Verisk Analytics by 1.8% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,145 shares of the business services provider’s stock valued at $4,805,000 after acquiring an additional 293 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its stake in shares of Verisk Analytics by 17.3% in the first quarter. DAVENPORT & Co LLC now owns 6,388 shares of the business services provider’s stock worth $1,901,000 after acquiring an additional 944 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, Director Christopher John Perry bought 1,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were acquired at an average price of $259.80 per share, with a total value of $259,800.00. Following the completion of 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 position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $268.01, for a total value of $294,811.00. Following the completion of the sale, the chief executive officer owned 78,907 shares in the company, valued at approximately $21,147,865.07. This represents a 1.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,520 shares of company stock worth $2,255,396 over the last 90 days. Insiders own 0.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Rothschild & Co Redburn reissued a “sell” rating and set a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. Morgan Stanley lifted their price target on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Weiss Ratings downgraded shares of Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. Evercore ISI cut their price target on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating for the company in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $282.14.

Verisk Analytics Price Performance

NASDAQ VRSK opened at $217.60 on Friday. Verisk Analytics, Inc. has a twelve month low of $196.99 and a twelve month high of $322.92. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.53 and a current ratio of 1.19. The stock has a market capitalization of $30.40 billion, a PE ratio of 33.17, a P/E/G ratio of 2.75 and a beta of 0.85. The stock has a 50-day simple moving average of $249.53 and a 200 day simple moving average of $281.01.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.03. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The business had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. During the same quarter in the previous year, the firm posted $1.67 earnings per share. Verisk Analytics’s revenue was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Research analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.80 annualized dividend and a yield of 0.8%. Verisk Analytics’s dividend payout ratio is 27.73%.

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.