Logan Capital Management Inc. Has $16.35 Million Stock Holdings in Verisk Analytics, Inc. $VRSK

Logan Capital Management Inc. lowered its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,476 shares of the business services provider’s stock after selling 113 shares during the quarter. Verisk Analytics makes up approximately 0.8% of Logan Capital Management Inc.’s holdings, making the stock its 28th biggest holding. Logan Capital Management Inc.’s holdings in Verisk Analytics were worth $16,346,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VRSK. Trust Co. of Toledo NA OH bought a new position in shares of Verisk Analytics in the second quarter valued at approximately $41,000. Ameritas Advisory Services LLC bought a new position in Verisk Analytics in the 2nd quarter valued at $48,000. Wayfinding Financial LLC bought a new position in Verisk Analytics in the 1st quarter valued at $48,000. Chilton Capital Management LLC acquired a new position in Verisk Analytics in the second quarter worth $51,000. Finally, GW&K Investment Management LLC grew its holdings in shares of Verisk Analytics by 186.7% during the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after purchasing an additional 112 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on VRSK shares. UBS Group cut their price target on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Rothschild & Co Redburn reaffirmed a “sell” rating and issued a $220.00 target price (down from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Morgan Stanley increased their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an “outperform” rating in a report on Monday, August 4th. Finally, Weiss Ratings downgraded Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $299.33.

Verisk Analytics Trading Down 0.5%

VRSK opened at $233.68 on Tuesday. The firm has a 50 day simple moving average of $252.65 and a 200 day simple moving average of $282.41. Verisk Analytics, Inc. has a fifty-two week low of $228.09 and a fifty-two week high of $322.92. The company has a market cap of $32.65 billion, a price-to-earnings ratio of 36.01, a price-to-earnings-growth ratio of 3.09 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 announced its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The firm had revenue of $772.60 million for the quarter, compared to analysts’ expectations of $767.91 million. During the same period last year, the firm earned $1.74 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Insider Buying and Selling

In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of the stock in a transaction dated 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 owned 78,907 shares of the company’s stock, valued at approximately $21,147,865.07. This represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Nicholas Daffan sold 5,420 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total value of $1,436,300.00. Following the transaction, the insider owned 54,337 shares in the company, valued at approximately $14,399,305. This trade represents a 9.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,520 shares of company stock valued at $2,255,396 over the last 90 days. Company insiders own 0.46% of the company’s stock.

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.