Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CFO Elizabeth Mann sold 400 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $159.22, for a total value of $63,688.00. Following the completion of the transaction, the chief financial officer owned 19,584 shares in the company, valued at $3,118,164.48. This represents a 2.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Elizabeth Mann also recently made the following trade(s):
- On Wednesday, April 15th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The stock was sold at an average price of $171.57, for a total value of $68,628.00.
- On Tuesday, March 17th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The stock was sold at an average price of $204.71, for a total value of $81,884.00.
Verisk Analytics Price Performance
Shares of NASDAQ VRSK opened at $162.55 on Friday. The firm has a market capitalization of $21.30 billion, a P/E ratio of 24.74, a P/E/G ratio of 1.76 and a beta of 0.72. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 10.42. The stock’s 50-day simple moving average is $184.33 and its two-hundred day simple moving average is $202.72. Verisk Analytics, Inc. has a twelve month low of $155.94 and a twelve month high of $322.92.
Verisk Analytics Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, June 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.2%. Verisk Analytics’s dividend payout ratio is 30.44%.
Verisk Analytics declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 18th that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the business services provider to repurchase up to 10.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its shares are undervalued.
Hedge Funds Weigh In On Verisk Analytics
Several institutional investors and hedge funds have recently bought and sold shares of VRSK. Aquatic Capital Management LLC lifted its holdings in Verisk Analytics by 295.8% in the 3rd quarter. Aquatic Capital Management LLC now owns 20,148 shares of the business services provider’s stock worth $5,067,000 after buying an additional 15,058 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in Verisk Analytics by 25.6% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 90,522 shares of the business services provider’s stock worth $20,249,000 after buying an additional 18,461 shares during the period. Jensen Investment Management Inc. lifted its holdings in Verisk Analytics by 50.7% in the 3rd quarter. Jensen Investment Management Inc. now owns 424,645 shares of the business services provider’s stock worth $106,802,000 after buying an additional 142,911 shares during the period. Principal Financial Group Inc. lifted its holdings in Verisk Analytics by 6.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,196,460 shares of the business services provider’s stock worth $300,931,000 after buying an additional 73,026 shares during the period. Finally, Allstate Corp purchased a new stake in Verisk Analytics in the 3rd quarter worth approximately $1,256,000. 90.00% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. Morgan Stanley set a $235.00 price objective on Verisk Analytics in a research report on Thursday, April 30th. Robert W. Baird set a $230.00 price target on Verisk Analytics in a research report on Thursday, February 19th. Weiss Ratings lowered Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday. Raymond James Financial upgraded Verisk Analytics from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $215.00 to $260.00 in a research report on Monday, March 2nd. Finally, Wall Street Zen upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Sunday, January 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Verisk Analytics presently has an average rating of “Hold” and an average target price of $238.20.
Check Out Our Latest Report on Verisk Analytics
Verisk Analytics Company Profile
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
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