Andrew G. Mills Sells 3,000 Shares of Verisk Analytics, Inc. (VRSK) Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $82.50, for a total transaction of $247,500.00. Following the completion of the sale, the director now owns 105,525 shares of the company’s stock, valued at $8,705,812.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Verisk Analytics, Inc. (NASDAQ:VRSK) opened at 82.90 on Wednesday. Verisk Analytics, Inc. has a 52-week low of $75.60 and a 52-week high of $88.17. The stock has a 50 day moving average of $82.44 and a 200-day moving average of $81.76. The company has a market cap of $13.64 billion, a price-to-earnings ratio of 30.13 and a beta of 0.68.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 EPS for the quarter, beating the consensus estimate of $0.77 by $0.05. The company had revenue of $523.20 million during the quarter, compared to the consensus estimate of $519.67 million. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 EPS. On average, analysts forecast that Verisk Analytics, Inc. will post $3.14 EPS for the current year.

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A number of institutional investors have recently made changes to their positions in VRSK. Integrated Investment Consultants LLC lifted its holdings in Verisk Analytics by 45.8% during the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock valued at $112,000 after purchasing an additional 418 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in Verisk Analytics by 40.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock valued at $112,000 after purchasing an additional 380 shares during the last quarter. Huntington National Bank lifted its holdings in Verisk Analytics by 29.6% during the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock valued at $131,000 after purchasing an additional 354 shares during the last quarter. Advisory Services Network LLC lifted its holdings in Verisk Analytics by 300.5% during the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 1,268 shares during the last quarter. Finally, Perigon Wealth Management LLC lifted its holdings in Verisk Analytics by 61.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 669 shares during the last quarter. 93.33% of the stock is owned by institutional investors and hedge funds.

A number of analysts have issued reports on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $82.00 target price (down from $83.00) on shares of Verisk Analytics in a research note on Tuesday, July 18th. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Thursday, July 13th. BMO Capital Markets lifted their target price on shares of Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a research note on Friday, July 14th. UBS AG reiterated a “sell” rating and issued a $75.00 target price (up from $71.00) on shares of Verisk Analytics in a research note on Friday, July 14th. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $85.00 target price (up from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the stock. Verisk Analytics presently has a consensus rating of “Hold” and a consensus price target of $85.38.

Verisk Analytics Company Profile

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

Insider Buying and Selling by Quarter for Verisk Analytics (NASDAQ:VRSK)

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