Wormser Freres Gestion Acquires 407 Shares of Verisk Analytics, Inc. $VRSK

Wormser Freres Gestion grew its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 94.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 837 shares of the business services provider’s stock after purchasing an additional 407 shares during the period. Wormser Freres Gestion’s holdings in Verisk Analytics were worth $261,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VRSK. Fenimore Asset Management Inc boosted its position in shares of Verisk Analytics by 6.9% during the second quarter. Fenimore Asset Management Inc now owns 133,971 shares of the business services provider’s stock valued at $41,732,000 after buying an additional 8,645 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in Verisk Analytics by 29.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 927 shares of the business services provider’s stock valued at $289,000 after acquiring an additional 213 shares during the period. Gemmer Asset Management LLC boosted its holdings in shares of Verisk Analytics by 5.9% during the 2nd quarter. Gemmer Asset Management LLC now owns 770 shares of the business services provider’s stock valued at $240,000 after acquiring an additional 43 shares during the last quarter. Carolina Wealth Advisors LLC grew its stake in shares of Verisk Analytics by 32.4% in the second quarter. Carolina Wealth Advisors LLC now owns 4,149 shares of the business services provider’s stock worth $1,292,000 after acquiring an additional 1,016 shares during the period. Finally, LGT Fund Management Co Ltd. bought a new stake in shares of Verisk Analytics in the second quarter worth approximately $652,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

In other news, insider Nicholas Daffan sold 5,420 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the transaction, the insider owned 54,337 shares of the company’s stock, valued at approximately $14,399,305. The trade was a 9.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $268.01, for a total value of $294,811.00. Following the sale, the chief executive officer owned 78,907 shares in the company, valued at $21,147,865.07. The trade was a 1.37% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,520 shares of company stock worth $2,273,891 in the last 90 days. 0.46% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

VRSK has been the topic of several research reports. Wolfe Research started coverage on shares of Verisk Analytics in a report on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 target price on the stock. Seaport Res Ptn raised Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. Morgan Stanley raised their price target on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. 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. Finally, Wells Fargo & Company lowered their target price on Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a report on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Verisk Analytics presently has an average rating of “Moderate Buy” and a consensus price target of $311.00.

Verisk Analytics Stock Up 0.7%

Shares of VRSK opened at $249.04 on Monday. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market capitalization of $34.79 billion, a price-to-earnings ratio of 38.37, a price-to-earnings-growth ratio of 3.53 and a beta of 0.85. Verisk Analytics, Inc. has a 1 year low of $239.83 and a 1 year high of $322.92. The business’s 50 day simple moving average is $262.88 and its 200-day simple moving average is $288.12.

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, beating analysts’ consensus estimates of $1.77 by $0.11. The firm had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. Verisk Analytics’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the firm posted $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s dividend payout ratio is currently 27.73%.

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.