Verisk Analytics, Inc. (NASDAQ:VRSK) VP Vincent De P. Mccarthy sold 3,591 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $147.56, for a total value of $529,887.96. Following the transaction, the vice president now owns 36,033 shares of the company’s stock, valued at $5,317,029.48. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
NASDAQ:VRSK traded down $1.37 during midday trading on Monday, hitting $146.11. 757,540 shares of the company traded hands, compared to its average volume of 776,885. The firm’s fifty day moving average is $146.51 and its 200-day moving average is $150.42. Verisk Analytics, Inc. has a 12-month low of $102.74 and a 12-month high of $164.97. The firm has a market capitalization of $24.17 billion, a P/E ratio of 35.55, a P/E/G ratio of 3.20 and a beta of 0.69. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.40.
Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.01). Verisk Analytics had a net margin of 18.23% and a return on equity of 33.57%. The company had revenue of $652.70 million for the quarter, compared to analysts’ expectations of $650.34 million. During the same quarter in the previous year, the company posted $1.08 EPS. The business’s quarterly revenue was up 9.0% on a year-over-year basis. On average, research analysts expect that Verisk Analytics, Inc. will post 4.38 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in the stock. Maverick Capital Ltd. purchased a new stake in Verisk Analytics during the 3rd quarter valued at $1,166,000. Millennium Management LLC raised its holdings in Verisk Analytics by 135.5% during the 3rd quarter. Millennium Management LLC now owns 347,597 shares of the business services provider’s stock valued at $54,968,000 after buying an additional 1,326,397 shares during the period. Sandler Capital Management purchased a new stake in Verisk Analytics during the 3rd quarter valued at $8,698,000. Voloridge Investment Management LLC raised its holdings in Verisk Analytics by 14.0% during the 3rd quarter. Voloridge Investment Management LLC now owns 33,310 shares of the business services provider’s stock valued at $5,268,000 after buying an additional 4,086 shares during the period. Finally, National Pension Service raised its holdings in Verisk Analytics by 5.0% during the 3rd quarter. National Pension Service now owns 231,115 shares of the business services provider’s stock valued at $36,549,000 after buying an additional 11,059 shares during the period. Institutional investors own 90.16% of the company’s stock.
A number of research firms have recently commented on VRSK. William Blair reiterated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, October 31st. Robert W. Baird increased their target price on Verisk Analytics from $137.00 to $165.00 and gave the company an “outperform” rating in a research report on Monday, August 26th. Keefe, Bruyette & Woods began coverage on Verisk Analytics in a research report on Monday, September 23rd. They set a “market perform” rating and a $166.00 target price for the company. ValuEngine downgraded Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, BidaskClub upgraded Verisk Analytics from a “strong sell” rating to a “sell” rating in a research report on Saturday, November 23rd. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. Verisk Analytics has a consensus rating of “Hold” and an average target price of $150.00.
About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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