Verisk Analytics (NASDAQ:VRSK) Cut to Hold (C+) at Weiss Ratings

Weiss Ratings cut shares of Verisk Analytics (NASDAQ:VRSK) from a buy (b-) rating to a hold (c+) rating in a report published on Friday morning,Weiss Ratings reports.

VRSK has been the topic of several other reports. Rothschild Redb cut shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. Wells Fargo & Company cut their price objective on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 17th. Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. Morgan Stanley boosted their price objective on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $299.33.

Verisk Analytics Trading Up 0.1%

Shares of NASDAQ VRSK opened at $234.94 on Friday. The company’s fifty day moving average is $253.29 and its 200-day moving average is $282.80. The stock has a market cap of $32.82 billion, a price-to-earnings ratio of 36.20, a P/E/G ratio of 3.09 and a beta of 0.85. Verisk Analytics has a twelve month low of $228.09 and a twelve month high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, beating the consensus estimate of $1.77 by $0.11. The business had revenue of $772.60 million for the quarter, compared to analysts’ expectations of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities research analysts predict that Verisk Analytics will post 6.63 EPS for the current year.

Insider Buying and Selling at Verisk Analytics

In other news, CEO Lee Shavel sold 1,100 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares in the company, valued at $21,147,865.07. The trade was a 1.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Nicholas Daffan sold 5,420 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the transaction, the insider owned 54,337 shares in the company, valued at $14,399,305. This represents a 9.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,520 shares of company stock valued at $2,255,396. Corporate insiders own 0.46% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Citizens Financial Group Inc. RI increased its stake in shares of Verisk Analytics by 2.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 3,356 shares of the business services provider’s stock worth $844,000 after purchasing an additional 70 shares during the last quarter. Tema Etfs LLC acquired a new position in Verisk Analytics in the 3rd quarter valued at about $1,299,000. Bayforest Capital Ltd acquired a new position in Verisk Analytics in the 3rd quarter valued at about $174,000. Parnassus Investments LLC grew its stake in Verisk Analytics by 31.8% in the 3rd quarter. Parnassus Investments LLC now owns 1,492,715 shares of the business services provider’s stock valued at $375,433,000 after buying an additional 360,419 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Verisk Analytics by 1.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,909 shares of the business services provider’s stock valued at $4,504,000 after buying an additional 208 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Company 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.