Copperwynd Financial LLC lessened its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,232 shares of the business services provider’s stock after selling 525 shares during the period. Copperwynd Financial LLC’s holdings in Verisk Analytics were worth $1,528,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Millennium Management LLC lifted its position in Verisk Analytics by 135.5% during the third quarter. Millennium Management LLC now owns 347,597 shares of the business services provider’s stock valued at $54,968,000 after purchasing an additional 1,326,397 shares during the period. Nuveen Asset Management LLC lifted its position in Verisk Analytics by 25,700.2% during the second quarter. Nuveen Asset Management LLC now owns 1,208,999 shares of the business services provider’s stock valued at $177,070,000 after purchasing an additional 1,204,313 shares during the period. BlackRock Inc. lifted its position in Verisk Analytics by 4.4% during the second quarter. BlackRock Inc. now owns 11,898,449 shares of the business services provider’s stock valued at $1,742,646,000 after purchasing an additional 502,068 shares during the period. Bristol John W & Co. Inc. NY lifted its position in Verisk Analytics by 32.0% during the fourth quarter. Bristol John W & Co. Inc. NY now owns 553,913 shares of the business services provider’s stock valued at $82,722,000 after purchasing an additional 134,199 shares during the period. Finally, Nomura Holdings Inc. bought a new position in Verisk Analytics during the second quarter valued at approximately $15,051,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.
VRSK stock traded up $1.51 during midday trading on Thursday, reaching $165.10. 707,518 shares of the company’s stock traded hands, compared to its average volume of 772,333. Verisk Analytics, Inc. has a 52-week low of $115.24 and a 52-week high of $165.29. The stock has a market cap of $26.43 billion, a P/E ratio of 59.39, a PEG ratio of 3.16 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. The stock’s 50-day moving average is $152.11 and its 200 day moving average is $152.41.
Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, October 29th. The business services provider reported $1.12 EPS for the quarter, missing the Zacks’ 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 business had revenue of $652.70 million for the quarter, compared to analysts’ expectations of $650.34 million. During the same period in the prior year, the company posted $1.08 earnings per share. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. As a group, research analysts expect that Verisk Analytics, Inc. will post 4.37 EPS for the current fiscal year.
A number of research analysts recently weighed in on VRSK shares. Zacks Investment Research downgraded shares of Verisk Analytics from a “hold” rating to a “sell” rating and set a $162.00 price objective on the stock. in a research report on Monday, January 6th. BidaskClub upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Saturday, January 4th. Credit Suisse Group increased their price objective on shares of Verisk Analytics from $150.00 to $155.00 and gave the company a “neutral” rating in a research report on Wednesday. Morgan Stanley upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $162.00 to $176.00 in a research report on Tuesday, January 7th. Finally, William Blair restated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, October 31st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $158.00.
In other news, VP Vincent De P. Mccarthy sold 3,591 shares of the stock in a transaction on Friday, November 1st. The shares were sold at an average price of $144.79, for a total value of $519,940.89. Following the completion of the sale, the vice president now directly owns 36,033 shares of the company’s stock, valued at $5,217,218.07. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Mark V. Anquillare sold 26,250 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $151.25, for a total transaction of $3,970,312.50. Following the completion of the sale, the chief operating officer now directly owns 87,776 shares of the company’s stock, valued at $13,276,120. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 118,097 shares of company stock valued at $17,249,116. 2.71% of the stock is owned by corporate insiders.
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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