Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CEO Lee Shavel sold 3,535 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $196.94, for a total value of $696,182.90. Following the sale, the chief executive officer owned 98,490 shares of the company’s stock, valued at approximately $19,396,620.60. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Lee Shavel also recently made the following trade(s):
- On Wednesday, July 29th, Lee Shavel sold 2,500 shares of Verisk Analytics stock. The shares were sold at an average price of $220.00, for a total value of $550,000.00.
Verisk Analytics Stock Performance
Shares of NASDAQ:VRSK opened at $192.80 on Wednesday. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.01 and a quick ratio of 1.01. The business’s 50 day moving average price is $186.71 and its 200-day moving average price is $188.37. The firm has a market capitalization of $25.09 billion, a PE ratio of 29.62, a P/E/G ratio of 2.23 and a beta of 0.67. Verisk Analytics, Inc. has a 1 year low of $155.94 and a 1 year high of $276.19.
Verisk Analytics Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio is 30.72%.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. UBS Group upped their price objective on shares of Verisk Analytics from $220.00 to $235.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Weiss Ratings upgraded Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 28th. JPMorgan Chase & Co. upped their price target on Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Rothschild & Co Redburn set a $185.00 price target on Verisk Analytics and gave the company a “neutral” rating in a report on Thursday, June 18th. Finally, Bank of America reduced their price objective on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $236.27.
Read Our Latest Stock Report on VRSK
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC increased its stake in Verisk Analytics by 1.1% during the first quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock worth $1,259,000 after acquiring an additional 44 shares during the last quarter. Nicolet Advisory Services LLC lifted its stake in shares of Verisk Analytics by 3.5% in the 3rd quarter. Nicolet Advisory Services LLC now owns 1,377 shares of the business services provider’s stock valued at $339,000 after purchasing an additional 47 shares during the last quarter. Legacy Advisors LLC grew its holdings in shares of Verisk Analytics by 3.8% during the 4th quarter. Legacy Advisors LLC now owns 1,295 shares of the business services provider’s stock worth $290,000 after purchasing an additional 48 shares during the period. Essex Bank grew its holdings in shares of Verisk Analytics by 0.4% during the 4th quarter. Essex Bank now owns 12,388 shares of the business services provider’s stock worth $2,771,000 after purchasing an additional 53 shares during the period. Finally, Barr E S & Co. increased its position in shares of Verisk Analytics by 3.1% during the 4th quarter. Barr E S & Co. now owns 1,973 shares of the business services provider’s stock worth $441,000 after purchasing an additional 60 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 (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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