Resonant Capital Advisors LLC Has $341,000 Holdings in Verisk Analytics, Inc. $VRSK

Resonant Capital Advisors LLC lifted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 14.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,095 shares of the business services provider’s stock after acquiring an additional 136 shares during the period. Resonant Capital Advisors LLC’s holdings in Verisk Analytics were worth $341,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Trust Co. of Toledo NA OH bought a new stake in Verisk Analytics in the 2nd quarter valued at $41,000. Wayfinding Financial LLC acquired a new position in shares of Verisk Analytics during the first quarter valued at about $48,000. Ameritas Advisory Services LLC bought a new stake in shares of Verisk Analytics in the second quarter valued at about $48,000. GW&K Investment Management LLC grew its position in Verisk Analytics by 186.7% during the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after buying an additional 112 shares in the last quarter. Finally, Zions Bancorporation National Association UT bought a new position in Verisk Analytics during the first quarter valued at about $52,000. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Down 0.5%

Shares of NASDAQ VRSK opened at $233.68 on Tuesday. The stock has a market cap of $32.65 billion, a PE ratio of 36.01, a PEG ratio of 3.09 and a beta of 0.85. The business has a fifty day moving average of $252.65 and a two-hundred day moving average of $282.41. Verisk Analytics, Inc. has a 52-week low of $228.09 and a 52-week high of $322.92. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The business had revenue of $772.60 million for the quarter, compared to analyst estimates of $767.91 million. During the same quarter in the prior year, the firm earned $1.74 EPS. The firm’s quarterly revenue was up 7.8% 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 expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on VRSK shares. UBS Group reduced their price objective on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. Morgan Stanley raised their target price on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Wolfe Research started coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price target on the stock. Evercore ISI lowered their price target on shares of Verisk Analytics from $292.00 to $262.00 and set an “in-line” rating on the stock in a report on Tuesday, October 14th. Finally, Weiss Ratings downgraded shares of Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $299.33.

Insider Activity

In related news, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the completion of the sale, the chief executive officer directly owned 78,907 shares of the company’s stock, valued at $21,147,865.07. This trade represents a 1.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Christopher John Perry acquired 1,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was acquired at an average price of $259.80 per share, with a total value of $259,800.00. Following the transaction, the director owned 1,773 shares in the company, valued at approximately $460,625.40. The trade was a 129.37% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 8,520 shares of company stock worth $2,255,396. Corporate insiders own 0.46% of the company’s stock.

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.