Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Elizabeth Mann Sells 200 Shares

Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total transaction of $54,266.00. Following the sale, the chief financial officer now directly owns 15,808 shares in the company, valued at $4,289,184.64. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Verisk Analytics Trading Up 0.4 %

Shares of NASDAQ VRSK opened at $270.60 on Thursday. Verisk Analytics, Inc. has a fifty-two week low of $215.32 and a fifty-two week high of $287.13. The firm has a market capitalization of $38.54 billion, a P/E ratio of 43.93, a P/E/G ratio of 3.42 and a beta of 0.86. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The company’s 50 day simple moving average is $268.76 and its 200 day simple moving average is $259.04.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The company had revenue of $716.80 million for the quarter, compared to the consensus estimate of $722.45 million. During the same quarter in the prior year, the business posted $1.51 EPS. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. On average, analysts predict that Verisk Analytics, Inc. will post 6.57 EPS for the current year.

Verisk Analytics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Sunday, September 15th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend was Friday, September 13th. Verisk Analytics’s dividend payout ratio (DPR) is currently 25.32%.

Institutional Trading of Verisk Analytics

A number of institutional investors and hedge funds have recently modified their holdings of VRSK. Marshall Financial Group LLC grew its holdings in Verisk Analytics by 0.8% during the third quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock valued at $1,322,000 after purchasing an additional 38 shares during the period. Brookstone Capital Management raised its position in Verisk Analytics by 1.2% during the 2nd quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock worth $982,000 after purchasing an additional 41 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Verisk Analytics by 19.0% in the first quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock worth $57,000 after acquiring an additional 42 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its holdings in Verisk Analytics by 2.9% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,533 shares of the business services provider’s stock valued at $361,000 after acquiring an additional 43 shares during the last quarter. Finally, Ascent Group LLC increased its position in shares of Verisk Analytics by 1.8% during the second quarter. Ascent Group LLC now owns 2,465 shares of the business services provider’s stock worth $664,000 after buying an additional 43 shares during the period. 90.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

VRSK has been the topic of a number of research analyst reports. Evercore ISI restated an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. UBS Group increased their target price on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Deutsche Bank Aktiengesellschaft lifted their price target on Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a report on Thursday, August 1st. BMO Capital Markets decreased their price objective on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a report on Thursday, August 1st. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $268.00 target price on shares of Verisk Analytics in a research note on Thursday, August 1st. Six analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Verisk Analytics presently has a consensus rating of “Moderate Buy” and an average price target of $276.69.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.