Appleton Partners Inc. MA Has $13.31 Million Stock Position in Verisk Analytics, Inc. $VRSK

Appleton Partners Inc. MA lowered its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,724 shares of the business services provider’s stock after selling 1,413 shares during the quarter. Appleton Partners Inc. MA’s holdings in Verisk Analytics were worth $13,309,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Fenimore Asset Management Inc boosted its position in Verisk Analytics by 6.9% during the 2nd quarter. Fenimore Asset Management Inc now owns 133,971 shares of the business services provider’s stock worth $41,732,000 after acquiring an additional 8,645 shares during the last quarter. Valeo Financial Advisors LLC raised its stake in shares of Verisk Analytics by 29.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 927 shares of the business services provider’s stock worth $289,000 after purchasing an additional 213 shares in the last quarter. Gemmer Asset Management LLC raised its stake in shares of Verisk Analytics by 5.9% during the 2nd quarter. Gemmer Asset Management LLC now owns 770 shares of the business services provider’s stock worth $240,000 after purchasing an additional 43 shares in the last quarter. Carolina Wealth Advisors LLC raised its stake in shares of Verisk Analytics by 32.4% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 4,149 shares of the business services provider’s stock worth $1,292,000 after purchasing an additional 1,016 shares in the last quarter. Finally, LGT Fund Management Co Ltd. bought a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $652,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Transactions at Verisk Analytics

In other news, CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $254.72, for a total value of $76,416.00. Following the completion of the transaction, the chief financial officer directly owned 15,165 shares in the company, valued at approximately $3,862,828.80. This represents a 1.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Christopher John Perry acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average price of $259.80 per share, with a total value of $259,800.00. Following the completion of 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 disclosure for this purchase can be found here. Insiders have sold a total of 8,520 shares of company stock valued at $2,273,891 over the last quarter. 0.46% of the stock is owned by company insiders.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $249.04 on Monday. The business’s fifty day simple moving average is $262.88 and its 200 day simple moving average is $288.12. The firm has a market capitalization of $34.79 billion, a P/E ratio of 38.37, a price-to-earnings-growth ratio of 3.53 and a beta of 0.85. Verisk Analytics, Inc. has a 12 month low of $239.83 and a 12 month high of $322.92. 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 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 return on equity of 460.89% and a net margin of 30.67%.The company had revenue of $772.60 million for the quarter, compared to analyst estimates of $767.91 million. During the same period in the previous year, the company posted $1.74 EPS. 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. As a group, analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s dividend payout ratio is presently 27.73%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on 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 research note on Thursday, July 31st. UBS Group dropped their price objective on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Weiss Ratings restated a “buy (b-)” rating on shares of Verisk Analytics in a research note on Saturday, September 27th. Finally, Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an “outperform” rating in a report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $311.00.

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.