Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CFO Elizabeth Mann sold 400 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $171.57, for a total transaction of $68,628.00. Following the transaction, the chief financial officer directly owned 19,984 shares in the company, valued at $3,428,654.88. This trade represents a 1.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Elizabeth Mann also recently made the following trade(s):
- 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 transaction of $81,884.00.
Verisk Analytics Stock Performance
VRSK stock traded up $1.47 on Thursday, reaching $178.31. 1,672,190 shares of the company were exchanged, compared to its average volume of 2,005,720. Verisk Analytics, Inc. has a 12 month low of $161.70 and a 12 month high of $322.92. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.20 and a quick ratio of 1.20. The stock’s fifty day moving average price is $190.10 and its 200 day moving average price is $212.14. The firm has a market capitalization of $23.36 billion, a PE ratio of 27.47, a PEG ratio of 2.14 and a beta of 0.82.
Verisk Analytics announced that its board has authorized a share buyback program on Wednesday, February 18th that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the business services provider to reacquire up to 10.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.
Verisk Analytics Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.50 per share. This is an increase from Verisk Analytics’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, March 13th. Verisk Analytics’s dividend payout ratio is presently 30.82%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC lifted its position in Verisk Analytics by 1.1% during the 1st quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock valued at $1,259,000 after purchasing an additional 44 shares during the period. Woodline Partners LP lifted its position in Verisk Analytics by 39.6% during the 1st quarter. Woodline Partners LP now owns 11,931 shares of the business services provider’s stock valued at $3,551,000 after purchasing an additional 3,385 shares during the period. Geneos Wealth Management Inc. lifted its position in Verisk Analytics by 114.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider’s stock valued at $75,000 after purchasing an additional 135 shares during the period. Treasurer of the State of North Carolina lifted its position in Verisk Analytics by 52.2% during the 2nd quarter. Treasurer of the State of North Carolina now owns 135,876 shares of the business services provider’s stock valued at $42,325,000 after purchasing an additional 46,603 shares during the period. Finally, Osterweis Capital Management Inc. acquired a new position in Verisk Analytics during the 2nd quarter valued at about $28,000. Institutional investors and hedge funds own 90.00% of the company’s stock.
Analysts Set New Price Targets
VRSK has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Sunday, January 25th. Morgan Stanley set a $230.00 target price on shares of Verisk Analytics in a research note on Thursday, February 19th. Robert W. Baird set a $230.00 target price on shares of Verisk Analytics in a research note on Thursday, February 19th. Weiss Ratings restated a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Finally, The Goldman Sachs Group reduced their target price on shares of Verisk Analytics from $239.00 to $206.00 and set a “neutral” rating on the stock in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Verisk Analytics presently has an average rating of “Moderate Buy” and an average target price of $237.20.
Get Our Latest Report on Verisk Analytics
About Verisk Analytics
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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