Lazard Freres Gestion S.A.S. Buys New Shares in Verisk Analytics, Inc. $VRSK

Lazard Freres Gestion S.A.S. acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the second quarter, HoldingsChannel.com reports. The firm acquired 5,000 shares of the business services provider’s stock, valued at approximately $1,557,000.

A number of other hedge funds have also bought and sold shares of the business. Cullen Frost Bankers Inc. increased its position in Verisk Analytics by 1.1% during the first quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider’s stock worth $945,000 after acquiring an additional 35 shares during the period. UMB Bank n.a. increased its position in Verisk Analytics by 0.4% during the second quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock worth $2,809,000 after acquiring an additional 35 shares during the period. NBT Bank N A NY increased its position in Verisk Analytics by 11.4% during the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock worth $106,000 after acquiring an additional 35 shares during the period. Tranquility Partners LLC increased its position in Verisk Analytics by 1.1% during the second quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock worth $1,006,000 after acquiring an additional 35 shares during the period. Finally, Private Trust Co. NA raised its stake in Verisk Analytics by 10.2% in the first quarter. Private Trust Co. NA now owns 389 shares of the business services provider’s stock valued at $116,000 after purchasing an additional 36 shares in the last quarter. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $234.79 on Friday. 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, Inc. has a one year low of $228.09 and a one year high of $322.92. The business’s 50 day simple moving average is $253.94 and its 200 day simple moving average is $283.10. The stock has a market capitalization of $32.80 billion, a PE ratio of 36.18, a PEG ratio of 3.12 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. The business had revenue of $772.60 million during 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%.Verisk Analytics’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, research analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on VRSK shares. Seaport Res Ptn raised Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Rothschild Redb downgraded Verisk Analytics from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Rothschild & Co Redburn reissued a “sell” rating and set a $220.00 target price (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Finally, Wells Fargo & Company lowered their target price on Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating for the company in a research note on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $299.33.

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 300 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $242.23, for a total transaction of $72,669.00. Following the completion of the transaction, the chief financial officer owned 14,865 shares in the company, valued at approximately $3,600,748.95. This represents a 1.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Christopher John Perry purchased 1,000 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were purchased at an average price of $259.80 per share, with a total value of $259,800.00. Following the purchase, the director directly owned 1,773 shares in the company, valued at $460,625.40. This trade represents a 129.37% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders sold 8,520 shares of company stock valued at $2,255,396. 0.46% of the stock is owned by company insiders.

Verisk Analytics 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.