Koshinski Asset Management Inc. Purchases 114 Shares of Verisk Analytics, Inc. $VRSK

Koshinski Asset Management Inc. raised its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 4,951 shares of the business services provider’s stock after purchasing an additional 114 shares during the period. Koshinski Asset Management Inc.’s holdings in Verisk Analytics were worth $1,542,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of VRSK. Stanley Laman Group Ltd. increased its position in shares of Verisk Analytics by 15.8% during the second quarter. Stanley Laman Group Ltd. now owns 1,032 shares of the business services provider’s stock valued at $321,000 after purchasing an additional 141 shares during the period. Curbstone Financial Management Corp increased its holdings in Verisk Analytics by 0.7% in the 2nd quarter. Curbstone Financial Management Corp now owns 9,570 shares of the business services provider’s stock valued at $2,981,000 after buying an additional 70 shares during the period. Values First Advisors Inc. bought a new stake in Verisk Analytics in the 2nd quarter valued at $253,000. Praxis Investment Management Inc. raised its stake in shares of Verisk Analytics by 47.3% in the 2nd quarter. Praxis Investment Management Inc. now owns 2,770 shares of the business services provider’s stock valued at $863,000 after buying an additional 890 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC bought a new position in shares of Verisk Analytics during the 2nd quarter worth about $320,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

VRSK has been the subject of several recent research reports. Wolfe Research initiated coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price target for the company. Wells Fargo & Company dropped their target price on Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating for the company in a report on Wednesday, September 17th. Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. Rothschild Redb cut Verisk Analytics from a “hold” rating to a “strong sell” rating in a research report on Thursday. Finally, UBS Group dropped their price objective on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Verisk Analytics currently has an average rating of “Hold” and an average price target of $299.33.

Insider Activity at Verisk Analytics

In related news, CFO Elizabeth Mann sold 300 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $242.23, for a total value of $72,669.00. Following the completion of the transaction, the chief financial officer owned 14,865 shares in the company, valued at $3,600,748.95. The trade was a 1.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Nicholas Daffan sold 5,420 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total value of $1,436,300.00. Following the completion of the transaction, the insider owned 54,337 shares in the company, valued at $14,399,305. The trade was a 9.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 8,520 shares of company stock valued at $2,255,396. Insiders own 0.46% of the company’s stock.

Verisk Analytics Stock Up 1.4%

NASDAQ VRSK opened at $232.34 on Friday. The stock’s 50 day simple moving average is $256.24 and its 200 day simple moving average is $284.53. Verisk Analytics, Inc. has a one year low of $228.09 and a one year high of $322.92. The firm has a market cap of $32.46 billion, a PE ratio of 35.80, a price-to-earnings-growth ratio of 3.06 and a beta of 0.85. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. The company had revenue of $772.60 million for the quarter, compared to analyst estimates of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The business’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, sell-side analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is presently 27.73%.

About Verisk Analytics

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.