Eastern Bank Sells 80,312 Shares of Verisk Analytics, Inc. $VRSK

Eastern Bank cut its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 95.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 3,754 shares of the business services provider’s stock after selling 80,312 shares during the quarter. Eastern Bank’s holdings in Verisk Analytics were worth $674,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of VRSK. NewEdge Advisors LLC grew its holdings in shares of Verisk Analytics by 1.1% during the 1st quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock worth $1,259,000 after purchasing an additional 44 shares in the last quarter. Nicolet Advisory Services LLC raised its stake in Verisk Analytics by 3.5% in the third quarter. Nicolet Advisory Services LLC now owns 1,377 shares of the business services provider’s stock valued at $339,000 after purchasing an additional 47 shares in the last quarter. Legacy Advisors LLC lifted its position in Verisk Analytics by 3.8% during the fourth quarter. Legacy Advisors LLC now owns 1,295 shares of the business services provider’s stock worth $290,000 after purchasing an additional 48 shares during the period. Essex Bank lifted its position in Verisk Analytics by 0.4% during the fourth quarter. Essex Bank now owns 12,388 shares of the business services provider’s stock worth $2,771,000 after purchasing an additional 53 shares during the period. Finally, Barr E S & Co. grew its stake in Verisk Analytics by 3.1% during the fourth quarter. Barr E S & Co. now owns 1,973 shares of the business services provider’s stock worth $441,000 after buying an additional 60 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors.

Insider Transactions at Verisk Analytics

In other news, CEO Lee Shavel sold 3,535 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $196.94, for a total transaction of $696,182.90. Following the completion of the transaction, the chief executive officer directly owned 98,490 shares in the company, valued at approximately $19,396,620.60. This represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Elizabeth Mann sold 400 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $159.22, for a total value of $63,688.00. Following the completion of the transaction, the chief financial officer owned 19,584 shares of the company’s stock, valued at $3,118,164.48. The trade was a 2.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 24,562 shares of company stock valued at $4,566,783. Corporate insiders own 0.52% of the company’s stock.

Verisk Analytics Stock Down 0.2%

Shares of NASDAQ VRSK opened at $192.80 on Wednesday. The company has a market cap of $25.09 billion, a price-to-earnings ratio of 29.62, a PEG ratio of 2.23 and a beta of 0.67. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 10.42. Verisk Analytics, Inc. has a 12 month low of $155.94 and a 12 month high of $276.19. The stock has a 50-day moving average price of $186.71 and a two-hundred day moving average price of $188.37.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, July 29th. The business services provider reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.93 by $0.05. The company had revenue of $806.30 million for the quarter, compared to the consensus estimate of $804.02 million. Verisk Analytics had a net margin of 28.24% and a negative return on equity of 239.55%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company posted $1.88 EPS. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, analysts forecast that Verisk Analytics, Inc. will post 7.67 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.00 annualized dividend and a yield of 1.0%. Verisk Analytics’s dividend payout ratio is presently 30.72%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Rothschild & Co Redburn set a $185.00 target price on shares of Verisk Analytics and gave the company a “neutral” rating in a report on Thursday, June 18th. Bank of America reduced their price target on shares of Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. JPMorgan Chase & Co. lifted their price objective on shares of Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Robert W. Baird set a $247.00 price objective on shares of Verisk Analytics in a research report on Thursday, July 30th. Finally, Morgan Stanley set a $235.00 target price on Verisk Analytics in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $236.27.

Verisk Analytics Profile

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.