Pinebridge Investments LLC acquired a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 4,835 shares of the business services provider’s stock, valued at approximately $1,082,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Osterweis Capital Management Inc. acquired a new stake in shares of Verisk Analytics in the second quarter valued at approximately $28,000. Ameriflex Group Inc. acquired a new position in Verisk Analytics during the third quarter worth $25,000. Board of the Pension Protection Fund acquired a new position in Verisk Analytics during the fourth quarter worth $27,000. Elyxium Wealth LLC acquired a new position in Verisk Analytics during the fourth quarter worth $31,000. Finally, Kelleher Financial Advisors acquired a new position in Verisk Analytics during the third quarter worth $51,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the stock. Wells Fargo & Company boosted their target price on shares of Verisk Analytics from $223.00 to $240.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Royal Bank Of Canada restated an “outperform” rating and set a $230.00 target price on shares of Verisk Analytics in a report on Monday, March 30th. Robert W. Baird set a $230.00 target price on shares of Verisk Analytics in a report on Thursday, February 19th. Capital One Financial set a $224.00 target price on shares of Verisk Analytics in a report on Thursday, March 5th. Finally, UBS Group set a $224.00 target price on shares of Verisk Analytics in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Verisk Analytics currently has a consensus rating of “Hold” and an average price target of $237.20.
Insiders Place Their Bets
In other Verisk Analytics news, CFO Elizabeth Mann sold 400 shares of Verisk Analytics stock in a transaction on Friday, May 15th. The shares were sold at an average price of $159.22, for a total transaction of $63,688.00. Following the completion of the transaction, the chief financial officer directly owned 19,584 shares of the company’s stock, valued at $3,118,164.48. The trade was a 2.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Bruce Edward Hansen sold 2,336 shares of Verisk Analytics stock in a transaction on Monday, June 1st. The stock was sold at an average price of $174.99, for a total transaction of $408,776.64. Following the transaction, the director directly owned 15,868 shares of the company’s stock, valued at approximately $2,776,741.32. This trade represents a 12.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 17,307 shares of company stock valued at $3,076,222 over the last ninety days. 0.52% of the stock is currently owned by company insiders.
Verisk Analytics Trading Down 1.5%
VRSK stock opened at $178.97 on Tuesday. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.02 and a quick ratio of 1.02. The company has a fifty day moving average price of $175.86 and a two-hundred day moving average price of $197.78. Verisk Analytics, Inc. has a one year low of $155.94 and a one year high of $318.42. The stock has a market cap of $23.45 billion, a price-to-earnings ratio of 27.24, a price-to-earnings-growth ratio of 2.04 and a beta of 0.69.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.06. Verisk Analytics had a net margin of 29.34% and a negative return on equity of 2,405.75%. The firm had revenue of $782.60 million during the quarter, compared to analysts’ expectations of $771.62 million. During the same period in the previous year, the business posted $1.73 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Equities analysts anticipate that Verisk Analytics, Inc. will post 7.63 EPS for the current year.
Verisk Analytics Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders 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 yield of 1.1%. The ex-dividend date of this dividend is Monday, June 15th. Verisk Analytics’s payout ratio is 30.44%.
Verisk Analytics declared that its board has approved a share buyback program on Wednesday, February 18th that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the business services provider to purchase up to 10.1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.
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.
Read More
- Five stocks we like better than Verisk Analytics
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
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.
