Verisk Analytics, Inc. $VRSK Shares Sold by WASHINGTON TRUST Co

WASHINGTON TRUST Co lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 73,508 shares of the business services provider’s stock after selling 1,494 shares during the quarter. WASHINGTON TRUST Co owned approximately 0.05% of Verisk Analytics worth $22,898,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Spurstone Advisory Services LLC bought a new stake in Verisk Analytics during the second quarter worth approximately $29,000. NewSquare Capital LLC grew its stake in Verisk Analytics by 69.0% during the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after buying an additional 40 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in Verisk Analytics by 62.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after purchasing an additional 42 shares in the last quarter. SouthState Corp boosted its stake in shares of Verisk Analytics by 88.1% in the 2nd quarter. SouthState Corp now owns 111 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 52 shares during the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in Verisk Analytics in the second quarter worth approximately $41,000. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Stock Up 0.7%

VRSK stock traded up $1.43 during trading on Thursday, reaching $214.34. The stock had a trading volume of 50,667 shares, compared to its average volume of 1,024,984. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55. The firm has a fifty day moving average price of $240.06 and a 200 day moving average price of $276.17. Verisk Analytics, Inc. has a 1-year low of $196.99 and a 1-year high of $322.92. The company has a market capitalization of $29.87 billion, a P/E ratio of 32.72, a PEG ratio of 2.75 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share 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 posted $1.67 EPS. Verisk Analytics’s revenue was up 5.9% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

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

Insider Buying and Selling at Verisk Analytics

In other news, Director Jeffrey J. Dailey acquired 500 shares of Verisk Analytics stock in a transaction on Friday, October 31st. The stock was purchased at an average price of $217.03 per share, with a total value of $108,515.00. Following the completion of the purchase, the director owned 3,962 shares of the company’s stock, valued at approximately $859,872.86. The trade was a 14.44% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gregory Hendrick bought 500 shares of the company’s stock in a transaction on Friday, October 31st. The shares were purchased at an average cost of $216.14 per share, for a total transaction of $108,070.00. Following the transaction, the director owned 2,536 shares in the company, valued at approximately $548,131.04. This represents a 24.56% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have purchased 1,450 shares of company stock valued at $314,663 and have sold 8,520 shares valued at $2,255,396. 0.46% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and cut their price target for the company from $310.00 to $275.00 in a research note on Thursday, October 30th. The Goldman Sachs Group decreased their target price on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Rothschild & Co Redburn reissued a “sell” rating and issued a $220.00 price target (down from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. Finally, UBS Group cut their price target on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.