Verisk Analytics, Inc. (VRSK) Shares Sold by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC lessened its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 366,704 shares of the business services provider’s stock after selling 2,893 shares during the period. Stephens Investment Management Group LLC owned approximately 0.22% of Verisk Analytics worth $30,506,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Parkside Financial Bank & Trust lifted its stake in Verisk Analytics by 40.3% in the second 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 stake in Verisk Analytics by 29.6% in the second 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 stake in Verisk Analytics by 300.5% in the second 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. Perigon Wealth Management LLC lifted its stake in Verisk Analytics by 61.2% in the second 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. Finally, BB&T Investment Services Inc. purchased a new position in Verisk Analytics in the second quarter valued at approximately $153,000. Institutional investors and hedge funds own 93.70% of the company’s stock.

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In related news, Director Andrew G. Mills sold 1,232 shares of the stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $82.50, for a total value of $101,640.00. Following the transaction, the director now owns 104,293 shares of the company’s stock, valued at $8,604,172.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Christopher M. Foskett sold 5,500 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $91.02, for a total value of $500,610.00. Following the completion of the transaction, the director now directly owns 15,489 shares in the company, valued at approximately $1,409,808.78. The disclosure for this sale can be found here. In the last ninety days, insiders sold 318,146 shares of company stock worth $27,443,084. Insiders own 3.41% of the company’s stock.

Several equities analysts recently commented on VRSK shares. Morgan Stanley upped their price objective on Verisk Analytics from $82.00 to $83.00 and gave the company an “equal weight” rating in a research note on Monday, October 23rd. Zacks Investment Research upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Monday, October 9th. BMO Capital Markets restated a “hold” rating and set a $83.00 target price on shares of Verisk Analytics in a research report on Friday, September 15th. Cantor Fitzgerald restated a “buy” rating and set a $92.00 target price on shares of Verisk Analytics in a research report on Wednesday, November 1st. Finally, Barclays PLC increased their target price on Verisk Analytics from $86.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company’s stock. Verisk Analytics currently has an average rating of “Hold” and an average target price of $88.29.

Verisk Analytics, Inc. (NASDAQ VRSK) traded up $0.67 during trading on Tuesday, hitting $92.53. 1,030,700 shares of the stock traded hands, compared to its average volume of 812,366. The company has a market capitalization of $15,128.60, a PE ratio of 28.71, a P/E/G ratio of 3.26 and a beta of 0.76. Verisk Analytics, Inc. has a 52-week low of $75.60 and a 52-week high of $92.92. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.06. The firm had revenue of $549.10 million for the quarter, compared to analysts’ expectations of $527.97 million. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. The business’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 earnings per share. equities research analysts forecast that Verisk Analytics, Inc. will post 3.17 EPS for the current year.

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.

Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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