Whipplewood Advisors LLC Raises Stock Holdings in Verisk Analytics, Inc. $VRSK

Whipplewood Advisors LLC raised its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 185.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 177 shares of the business services provider’s stock after purchasing an additional 115 shares during the period. Whipplewood Advisors LLC’s holdings in Verisk Analytics were worth $55,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH purchased a new stake in Verisk Analytics in the second quarter valued at approximately $41,000. Wayfinding Financial LLC purchased a new stake in shares of Verisk Analytics during the first quarter worth approximately $48,000. Ameritas Advisory Services LLC purchased a new stake in shares of Verisk Analytics during the second quarter worth approximately $48,000. GW&K Investment Management LLC raised its stake 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. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Verisk Analytics during the first quarter worth approximately $52,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented 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 research note on Thursday, July 31st. Wolfe Research began coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price target for the company. Morgan Stanley upped their price objective on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. Weiss Ratings lowered Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Finally, Rothschild & Co Redburn reaffirmed a “sell” rating and set a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $299.33.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $233.68 on Tuesday. The business’s 50-day moving average price is $252.65 and its 200 day moving average price is $282.41. Verisk Analytics, Inc. has a twelve month low of $228.09 and a twelve month high of $322.92. The company has a market capitalization of $32.65 billion, a PE ratio of 36.01, a price-to-earnings-growth ratio of 3.09 and a beta of 0.85. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $767.91 million. During the same period in the prior year, the business posted $1.74 earnings per share. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, research analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Insiders Place Their Bets

In other Verisk Analytics news, Director Christopher John Perry bought 1,000 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the completion of the transaction, the director owned 1,773 shares of the company’s stock, valued at $460,625.40. This represents a 129.37% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 completion of 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,520 shares of company stock valued at $2,255,396. 0.46% of the stock is owned by corporate insiders.

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.