Private Trust Co. NA Sells 120 Shares of Verisk Analytics, Inc. $VRSK

Private Trust Co. NA lessened its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 30.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 269 shares of the business services provider’s stock after selling 120 shares during the period. Private Trust Co. NA’s holdings in Verisk Analytics were worth $84,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. raised its holdings in Verisk Analytics by 1.1% in the 1st quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider’s stock worth $945,000 after acquiring an additional 35 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Verisk Analytics by 0.4% in the second quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock worth $2,809,000 after purchasing an additional 35 shares during the last quarter. NBT Bank N A NY raised its stake in shares of Verisk Analytics by 11.4% in the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock worth $106,000 after purchasing an additional 35 shares during the last quarter. Tranquility Partners LLC lifted its holdings in shares of Verisk Analytics by 1.1% during the second quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock valued at $1,006,000 after purchasing an additional 35 shares in the last quarter. Finally, Frank Rimerman Advisors LLC boosted its position in shares of Verisk Analytics by 3.3% during the first quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock valued at $350,000 after buying an additional 38 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Trading Up 0.2%

Shares of VRSK stock opened at $237.47 on Thursday. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53. The company has a market cap of $33.18 billion, a price-to-earnings ratio of 36.59, a PEG ratio of 3.12 and a beta of 0.85. Verisk Analytics, Inc. has a 1 year low of $228.09 and a 1 year high of $322.92. The firm has a fifty day moving average price of $254.60 and a 200-day moving average price of $283.40.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. The company had revenue of $772.60 million for the quarter, compared to analysts’ expectations of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.Verisk Analytics’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the firm earned $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $242.23, for a total transaction of $72,669.00. Following the transaction, the chief financial officer directly owned 14,865 shares of the company’s stock, valued at $3,600,748.95. The trade was a 1.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Christopher John Perry bought 1,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were purchased at an average price of $259.80 per share, for a total transaction of $259,800.00. Following the purchase, the director owned 1,773 shares in the company, valued at $460,625.40. This trade represents a 129.37% increase in their position. The disclosure for this purchase can be found here. Insiders sold 8,520 shares of company stock worth $2,255,396 over the last ninety days. 0.46% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on VRSK. Wolfe Research initiated coverage on Verisk Analytics in a research report on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 target price for the company. Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. Wells Fargo & Company dropped their target price on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a report on Wednesday, September 17th. Morgan Stanley lifted their target price on shares of 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, Weiss Ratings reissued a “buy (b-)” rating on shares of Verisk Analytics in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $299.33.

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.