Dynamic Technology Lab Private Ltd Invests $280,000 in Verisk Analytics, Inc. $VRSK

Dynamic Technology Lab Private Ltd bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 900 shares of the business services provider’s stock, valued at approximately $280,000.

Several other large investors also recently bought and sold shares of VRSK. Vanguard Group Inc. raised its holdings in Verisk Analytics by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 16,894,802 shares of the business services provider’s stock valued at $5,262,731,000 after acquiring an additional 161,213 shares during the last quarter. Alliancebernstein L.P. increased its holdings 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 purchasing an additional 25,010 shares during the last quarter. Geode Capital Management LLC lifted its position in Verisk Analytics by 0.8% during the second quarter. Geode Capital Management LLC now owns 4,011,295 shares of the business services provider’s stock worth $1,249,900,000 after buying an additional 33,213 shares in the last quarter. Invesco Ltd. lifted its position in Verisk Analytics by 36.0% during the first quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock worth $669,958,000 after buying an additional 596,225 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Verisk Analytics during the first quarter worth $508,611,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analyst Ratings Changes

VRSK has been the subject of a number of recent research reports. Barclays raised Verisk Analytics from an “equal weight” rating to an “overweight” rating and cut their target price for the stock from $310.00 to $275.00 in a research note on Thursday, October 30th. UBS Group cut their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. Evercore ISI decreased their target price 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, October 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Verisk Analytics in a research note on Wednesday, November 19th. Finally, Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $282.14.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $223.02 on Wednesday. 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 firm has a market cap of $31.08 billion, a P/E ratio of 34.00, a P/E/G ratio of 2.75 and a beta of 0.84. The firm’s 50 day moving average price is $232.23 and its 200-day moving average price is $271.11. Verisk Analytics, Inc. has a one year low of $196.99 and a one year high of $322.92.

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, beating 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 company 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 company earned $1.67 earnings per share. The firm’s quarterly 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. As a group, equities research analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently announced 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 yield of 0.8%. The ex-dividend date is Monday, December 15th. Verisk Analytics’s dividend payout ratio (DPR) is 27.44%.

Insider Buying and Selling

In related news, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.99, for a total value of $238,689.00. Following the completion of the transaction, the chief executive officer owned 77,807 shares in the company, valued at approximately $16,883,340.93. The trade was a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Sabra R. Purtill bought 450 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were acquired at an average cost of $217.95 per share, for a total transaction of $98,077.50. Following the completion of the purchase, the director owned 1,327 shares in the company, valued at $289,219.65. This trade represents a 51.31% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders acquired 1,450 shares of company stock worth $314,663 and sold 7,420 shares worth $1,889,171. 0.46% of the stock is owned by insiders.

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.