Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CFO Elizabeth Mann sold 400 shares of the company’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $184.85, for a total value of $73,940.00. Following the completion of the transaction, the chief financial officer owned 17,584 shares of the company’s stock, valued at $3,250,402.40. This trade represents a 2.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Elizabeth Mann also recently made the following trade(s):
- On Tuesday, September 15th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The shares were sold at an average price of $184.91, for a total value of $73,964.00.
- On Monday, August 17th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The stock was sold at an average price of $179.95, for a total value of $71,980.00.
Verisk Analytics Trading Up 1.9%
Shares of VRSK stock traded up $3.57 during trading hours on Friday, hitting $190.90. 1,461,393 shares of the company were exchanged, compared to its average volume of 1,912,563. The stock has a market capitalization of $24.85 billion, a price-to-earnings ratio of 29.32, a P/E/G ratio of 2.03 and a beta of 0.69. Verisk Analytics, Inc. has a 52-week low of $155.94 and a 52-week high of $239.47. The firm has a fifty day simple moving average of $179.43 and a 200 day simple moving average of $180.95.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last posted its earnings results on Wednesday, July 29th. The business services provider reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.05. The firm had revenue of $806.30 million for the quarter, compared to the consensus estimate of $804.02 million. Verisk Analytics had a negative return on equity of 239.55% and a net margin of 28.24%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.88 earnings per share. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Sell-side analysts anticipate that Verisk Analytics, Inc. will post 7.71 EPS for the current year.
Verisk Analytics Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, September 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. Verisk Analytics’s dividend payout ratio (DPR) is 30.72%.
Hedge Funds Weigh In On Verisk Analytics
A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Verisk Analytics in the second quarter worth $1,852,678,000. XXEC Inc. purchased a new position in shares of Verisk Analytics in the second quarter worth about $992,675,000. Bamco Inc. NY purchased a new position in shares of Verisk Analytics in the second quarter worth about $844,259,000. Principal Financial Group Inc. lifted its stake in shares of Verisk Analytics by 34.9% in the 1st quarter. Principal Financial Group Inc. now owns 1,567,509 shares of the business services provider’s stock valued at $297,443,000 after acquiring an additional 405,824 shares during the last quarter. Finally, Jupiter Topco LLC bought a new stake in shares of Verisk Analytics in the 2nd quarter valued at about $266,201,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.
Analysts Set New Price Targets
VRSK has been the subject of several research reports. Barclays cut their target price on shares of Verisk Analytics from $275.00 to $225.00 and set an “overweight” rating for the company in a research report on Tuesday, September 8th. Wells Fargo & Company raised their price target on Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. UBS Group lifted their price target on Verisk Analytics from $220.00 to $235.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. BMO Capital Markets cut their price objective on Verisk Analytics from $248.00 to $217.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, Robert W. Baird set a $247.00 price objective on Verisk Analytics in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, Verisk Analytics currently has a consensus rating of “Moderate Buy” and an average price target of $224.79.
Check Out Our Latest Analysis on Verisk Analytics
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics and technology company that provides information, software and predictive insights primarily to the insurance industry. Its solutions help insurers assess risk, support underwriting, manage claims, detect fraud and improve pricing and operational decision-making across property and casualty, life and specialty insurance markets.
The company’s offerings include industry data and standardized insurance information through its ISO business, catastrophe modeling and risk analytics through Extreme Event Solutions and AIR Worldwide, and property estimating and claims-management tools through Xactware.
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