Verisk Analytics, Inc. $VRSK Shares Sold by Torray Investment Partners LLC

Torray Investment Partners LLC lowered its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 21.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,058 shares of the business services provider’s stock after selling 4,786 shares during the quarter. Torray Investment Partners LLC’s holdings in Verisk Analytics were worth $5,625,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VRSK. Voya Investment Management LLC lifted its holdings 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 during the period. Insight Wealth Strategies LLC acquired a new stake in shares of Verisk Analytics in the second quarter valued at $3,860,000. Dakota Wealth Management lifted its holdings 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 during the period. Swedbank AB lifted its holdings 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 during the period. Finally, United Services Automobile Association acquired a new stake in shares of Verisk Analytics in the first quarter valued at $1,006,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Up 0.5%

NASDAQ:VRSK opened at $218.76 on Monday. The firm has a market capitalization of $30.56 billion, a price-to-earnings ratio of 33.35, a PEG ratio of 2.75 and a beta of 0.85. Verisk Analytics, Inc. has a 1-year low of $196.99 and a 1-year high of $322.92. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55. The business’s fifty day moving average price is $248.48 and its 200 day moving average price is $280.29.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.02. The firm had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.Verisk Analytics’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.67 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, 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 firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, December 15th. Verisk Analytics’s payout ratio is presently 27.44%.

Insiders Place Their Bets

In other Verisk Analytics news, insider Nicholas Daffan sold 5,420 shares of the company’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 directly owned 54,337 shares of the company’s stock, valued at $14,399,305. This represents a 9.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was 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 directly owned 14,865 shares in the company, valued at approximately $3,600,748.95. The trade was a 1.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,520 shares of company stock valued at $2,255,396 over the last ninety days. Corporate insiders own 0.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Weiss Ratings lowered Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. cut their target price on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday. The Goldman Sachs Group cut their target price on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research report on Thursday. Morgan Stanley boosted their target price on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Finally, 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. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $282.14.

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.