Gregory Hendrick Purchases 500 Shares of Verisk Analytics (NASDAQ:VRSK) Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Gregory Hendrick bought 500 shares of Verisk Analytics stock in a transaction on Friday, October 31st. The shares were bought at an average price of $216.14 per share, for a total transaction of $108,070.00. Following the acquisition, the director owned 2,536 shares of the company’s stock, valued at approximately $548,131.04. The trade was a 24.56% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Verisk Analytics Price Performance

Shares of VRSK opened at $220.00 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55. Verisk Analytics, Inc. has a 1 year low of $196.99 and a 1 year high of $322.92. The stock has a market cap of $30.66 billion, a P/E ratio of 33.54, a price-to-earnings-growth ratio of 2.75 and a beta of 0.85. The stock’s 50-day moving average price is $246.48 and its two-hundred day moving average price is $279.23.

Verisk Analytics (NASDAQ:VRSK) last issued 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 $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The firm had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. During the same quarter last year, the business earned $1.67 earnings per share. The company’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. On average, equities analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, December 15th. Verisk Analytics’s dividend payout ratio (DPR) is presently 27.44%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. increased its position in shares of Verisk Analytics by 1.1% during the 1st quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider’s stock worth $945,000 after purchasing an additional 35 shares during the last quarter. UMB Bank n.a. increased its position in shares of Verisk Analytics by 0.4% during the 2nd quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock worth $2,809,000 after purchasing an additional 35 shares during the last quarter. NBT Bank N A NY increased its position in shares of Verisk Analytics by 11.4% during the 2nd quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock worth $106,000 after purchasing an additional 35 shares during the last quarter. Tranquility Partners LLC lifted its stake in Verisk Analytics by 1.1% in the 2nd quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock valued at $1,006,000 after purchasing an additional 35 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in Verisk Analytics by 10.2% in the 1st quarter. Private Trust Co. NA now owns 389 shares of the business services provider’s stock valued at $116,000 after purchasing an additional 36 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on VRSK shares. UBS Group lowered their target price on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Rothschild & Co Redburn reissued a “sell” rating and issued a $220.00 price target (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. The Goldman Sachs Group dropped their price target on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. Barclays raised Verisk Analytics from an “equal weight” rating to an “overweight” rating and reduced their price target for the stock from $310.00 to $275.00 in a research report on Thursday, October 30th. Finally, Wells Fargo & Company reduced their price target on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Verisk Analytics presently has a consensus rating of “Hold” and an average target price of $282.14.

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.