Coastal Bridge Advisors LLC acquired a new position in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the second quarter, HoldingsChannel.com reports. The fund acquired 4,856 shares of the business services provider’s stock, valued at approximately $872,000.
Several other large investors have also added to or reduced their stakes in VRSK. Mcguire Capital Advisors Inc. bought a new position in Verisk Analytics in the fourth quarter valued at $27,000. Osterweis Capital Management Inc. bought a new stake in Verisk Analytics during the 2nd quarter worth about $28,000. Reflection Asset Management bought a new stake in Verisk Analytics during the 4th quarter worth about $30,000. Elyxium Wealth LLC acquired a new position in shares of Verisk Analytics during the 4th quarter worth about $31,000. Finally, MCF Advisors LLC boosted its stake in shares of Verisk Analytics by 141.7% during the 4th quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock worth $32,000 after buying an additional 85 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.
Insider Activity
In other news, CEO Lee Shavel sold 3,535 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $196.94, for a total value of $696,182.90. Following the transaction, the chief executive officer directly owned 98,490 shares of the company’s stock, valued at $19,396,620.60. This represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kathy Card Beckles sold 2,020 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $195.49, for a total transaction of $394,889.80. Following the sale, the insider owned 11,516 shares of the company’s stock, valued at approximately $2,251,262.84. This represents a 14.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 22,227 shares of company stock valued at $4,174,599. 0.52% of the stock is owned by company insiders.
Verisk Analytics Trading Up 1.7%
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The business services provider reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $0.05. Verisk Analytics had a negative return on equity of 239.55% and a net margin of 28.24%.The firm had revenue of $806.30 million for the quarter, compared to analyst estimates of $804.02 million. During the same quarter in the prior year, the company earned $1.88 earnings per share. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Analysts expect that Verisk Analytics, Inc. will post 7.71 earnings per share for the current year.
Verisk Analytics Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th. Verisk Analytics’s payout ratio is 30.72%.
Wall Street Analysts Forecast Growth
VRSK has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price objective on Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Robert W. Baird set a $247.00 price target on Verisk Analytics in a research note on Thursday, July 30th. Bank of America lowered their price target on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. BMO Capital Markets reiterated an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, July 30th. Finally, Wells Fargo & Company increased their price objective on Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. One 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 company presently has a consensus rating of “Moderate Buy” and a consensus target price of $236.27.
Check Out Our Latest Research Report on Verisk Analytics
About Verisk Analytics
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.
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