Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Impax Asset Management Group plc

Impax Asset Management Group plc reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,556 shares of the business services provider’s stock after selling 44 shares during the quarter. Impax Asset Management Group plc’s holdings in Verisk Analytics were worth $979,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Crestwood Advisors Group LLC acquired a new position in Verisk Analytics in the 4th quarter valued at about $209,000. Union Bancaire Privee UBP SA acquired a new position in Verisk Analytics in the 4th quarter valued at about $973,000. Howard Capital Management Inc. grew its position in Verisk Analytics by 2.7% in the 4th quarter. Howard Capital Management Inc. now owns 4,262 shares of the business services provider’s stock valued at $1,174,000 after acquiring an additional 111 shares in the last quarter. First Horizon Advisors Inc. grew its position in Verisk Analytics by 6.9% in the 4th quarter. First Horizon Advisors Inc. now owns 910 shares of the business services provider’s stock valued at $251,000 after acquiring an additional 59 shares in the last quarter. Finally, Redmond Asset Management LLC grew its position in Verisk Analytics by 1.4% in the 4th quarter. Redmond Asset Management LLC now owns 9,215 shares of the business services provider’s stock valued at $2,538,000 after acquiring an additional 127 shares in the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, insider Kathy Card Beckles sold 2,111 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $282.06, for a total value of $595,428.66. Following the completion of the sale, the insider now owns 9,066 shares in the company, valued at approximately $2,557,155.96. The trade was a 18.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total value of $321,642.99. Following the completion of the sale, the director now owns 13,786 shares of the company’s stock, valued at approximately $3,760,958.66. This represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,469 shares of company stock worth $1,264,818. 0.40% of the stock is owned by insiders.

Verisk Analytics Stock Performance

Shares of VRSK opened at $299.72 on Wednesday. The stock has a 50 day moving average price of $283.36 and a 200 day moving average price of $277.87. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The company has a market capitalization of $42.32 billion, a price-to-earnings ratio of 46.76, a price-to-earnings-growth ratio of 3.37 and a beta of 0.89. Verisk Analytics, Inc. has a 52-week low of $217.34 and a 52-week high of $300.50.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio is currently 24.34%.

Analysts Set New Price Targets

A number of brokerages have recently commented on VRSK. Royal Bank of Canada reissued an “outperform” rating and set a $300.00 price objective on shares of Verisk Analytics in a research report on Tuesday, January 7th. BMO Capital Markets boosted their price objective on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Morgan Stanley boosted their price objective on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Robert W. Baird boosted their price objective on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Finally, Wells Fargo & Company boosted their price objective on Verisk Analytics from $313.00 to $325.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $295.33.

Verisk Analytics Company Profile

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.