TimesSquare Capital Management LLC decreased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 4.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 365,304 shares of the business services provider’s stock after selling 17,460 shares during the quarter. Verisk Analytics comprises about 1.2% of TimesSquare Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. TimesSquare Capital Management LLC’s holdings in Verisk Analytics were worth $81,715,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Osterweis Capital Management Inc. acquired a new stake in shares of Verisk Analytics during the second quarter worth $28,000. Ameriflex Group Inc. acquired a new position in Verisk Analytics in the third quarter valued at $25,000. Board of the Pension Protection Fund acquired a new position in Verisk Analytics in the fourth quarter valued at $27,000. Elyxium Wealth LLC acquired a new position in Verisk Analytics in the fourth quarter valued at $31,000. Finally, Kelleher Financial Advisors acquired a new position in Verisk Analytics in the third quarter valued at $51,000. Institutional investors and hedge funds own 90.00% of the company’s stock.
Verisk Analytics Trading Up 5.5%
NASDAQ:VRSK opened at $171.52 on Tuesday. The business’s 50-day moving average is $183.53 and its two-hundred day moving average is $202.08. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.02 and a quick ratio of 1.02. Verisk Analytics, Inc. has a 12 month low of $155.94 and a 12 month high of $322.92. The firm has a market capitalization of $22.47 billion, a PE ratio of 26.11, a price-to-earnings-growth ratio of 1.82 and a beta of 0.72.
Verisk Analytics Dividend Announcement
The firm also recently announced 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, June 15th. Verisk Analytics’s payout ratio is presently 30.44%.
Verisk Analytics declared that its Board of Directors has approved a share buyback plan on Wednesday, February 18th that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the business services provider to purchase up to 10.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on VRSK shares. Raymond James Financial upgraded Verisk Analytics from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from $215.00 to $260.00 in a report on Monday, March 2nd. Morgan Stanley set a $235.00 target price on Verisk Analytics in a report on Thursday, April 30th. BMO Capital Markets reiterated an “outperform” rating on shares of Verisk Analytics in a report on Thursday, February 19th. JPMorgan Chase & Co. lifted their target price on Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Capital One Financial set a $224.00 target price on Verisk Analytics in a report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Verisk Analytics has a consensus rating of “Hold” and a consensus price target of $238.20.
Get Our Latest Stock Analysis on Verisk Analytics
Insider Transactions at Verisk Analytics
In other Verisk Analytics news, CFO Elizabeth Mann sold 400 shares of Verisk Analytics stock in a transaction that occurred on 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 directly owned 19,584 shares in the company, valued at $3,118,164.48. The trade was a 2.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Christopher John Perry bought 1,000 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was bought at an average price of $180.00 per share, with a total value of $180,000.00. Following the completion of the purchase, the director owned 2,994 shares of the company’s stock, valued at $538,920. This trade represents a 50.15% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have sold 1,200 shares of company stock worth $214,200. Corporate insiders own 0.52% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Verisk Analytics
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report).
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.
