Verisk Analytics, Inc. $VRSK Shares Bought by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group grew its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 11.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,372 shares of the business services provider’s stock after acquiring an additional 146 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Verisk Analytics were worth $427,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Voya Investment Management LLC grew its stake in shares of Verisk Analytics by 24.1% in the first quarter. Voya Investment Management LLC now owns 303,480 shares of the business services provider’s stock valued at $90,076,000 after buying an additional 58,954 shares in the last quarter. Insight Wealth Strategies LLC acquired a new stake in shares of Verisk Analytics in the second quarter valued at about $3,860,000. Dakota Wealth Management grew its stake in shares of Verisk Analytics by 24.0% in the second quarter. Dakota Wealth Management now owns 21,745 shares of the business services provider’s stock valued at $6,774,000 after buying an additional 4,206 shares in the last quarter. Swedbank AB grew its stake in shares of Verisk Analytics by 1.8% in the first quarter. Swedbank AB now owns 108,792 shares of the business services provider’s stock valued at $32,379,000 after buying an additional 1,903 shares in the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Verisk Analytics in the first quarter valued at about $202,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $234.79 on Friday. Verisk Analytics, Inc. has a fifty-two week low of $228.09 and a fifty-two week high of $322.92. The business has a 50 day moving average price of $253.94 and a two-hundred day moving average price of $283.10. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. The firm has a market cap of $32.80 billion, a PE ratio of 36.18, a price-to-earnings-growth ratio of 3.12 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data 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. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The firm had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same quarter last year, the firm earned $1.74 EPS. Verisk Analytics’s quarterly revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Insider Transactions at Verisk Analytics

In other news, Director Christopher John Perry bought 1,000 shares of Verisk Analytics stock in a transaction on Wednesday, August 13th. The shares were bought at an average price of $259.80 per share, with a total value of $259,800.00. Following the acquisition, the director directly owned 1,773 shares in the company, valued at approximately $460,625.40. This represents a 129.37% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $268.01, for a total value of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares in the company, valued at approximately $21,147,865.07. This represents a 1.37% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,520 shares of company stock worth $2,255,396. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on VRSK shares. Evercore ISI lowered their target price on Verisk Analytics from $292.00 to $262.00 and set an “in-line” rating for the company in a research note on Tuesday, October 14th. Rothschild Redb lowered Verisk Analytics from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. Wolfe Research started coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 target price for the company. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Finally, Wells Fargo & Company lowered their price objective 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $299.33.

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.