Sandia Holdings LLC Lowers Stake in Verisk Analytics, Inc. (VRSK)

Sandia Holdings LLC trimmed its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 151,456 shares of the business services provider’s stock after selling 9,367 shares during the period. Verisk Analytics comprises approximately 7.3% of Sandia Holdings LLC’s investment portfolio, making the stock its 6th largest holding. Sandia Holdings LLC owned 0.09% of Verisk Analytics worth $16,303,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ostrum Asset Management purchased a new stake in Verisk Analytics in the 1st quarter worth about $100,000. C M Bidwell & Associates Ltd. purchased a new stake in Verisk Analytics in the 1st quarter worth about $145,000. Squar Milner Financial Services LLC purchased a new stake in Verisk Analytics in the 2nd quarter worth about $146,000. Summit Trail Advisors LLC increased its holdings in Verisk Analytics by 7,839.7% in the 1st quarter. Summit Trail Advisors LLC now owns 176,182 shares of the business services provider’s stock worth $176,000 after acquiring an additional 173,963 shares during the last quarter. Finally, Psagot Investment House Ltd. purchased a new stake in Verisk Analytics in the 1st quarter worth about $198,000. Institutional investors own 92.34% of the company’s stock.

VRSK stock opened at $117.90 on Monday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.99. The stock has a market cap of $19.43 billion, a price-to-earnings ratio of 36.73, a P/E/G ratio of 2.24 and a beta of 0.66. Verisk Analytics, Inc. has a twelve month low of $78.97 and a twelve month high of $118.29.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, July 31st. The business services provider reported $1.06 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.05. The business had revenue of $601.30 million during the quarter, compared to analyst estimates of $586.22 million. Verisk Analytics had a return on equity of 31.35% and a net margin of 26.58%. sell-side analysts expect that Verisk Analytics, Inc. will post 4.16 EPS for the current fiscal year.

Several equities research analysts recently weighed in on VRSK shares. Keefe, Bruyette & Woods lowered Verisk Analytics from an “outperform” rating to a “market perform” rating and set a $90.00 price objective for the company. in a report on Thursday, August 2nd. Morgan Stanley lifted their price objective on Verisk Analytics from $108.00 to $113.00 and gave the stock a “hold” rating in a report on Thursday, August 2nd. Zacks Investment Research lowered Verisk Analytics from a “buy” rating to a “hold” rating in a report on Thursday, July 19th. BidaskClub raised Verisk Analytics from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 15th. Finally, SunTrust Banks reissued a “hold” rating and issued a $109.00 price objective on shares of Verisk Analytics in a report on Wednesday, August 1st. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Verisk Analytics currently has a consensus rating of “Hold” and an average target price of $106.15.

In other Verisk Analytics news, SVP Vincent De P. Mccarthy sold 35,000 shares of Verisk Analytics stock in a transaction dated Friday, June 8th. The stock was sold at an average price of $109.06, for a total transaction of $3,817,100.00. Following the completion of the transaction, the senior vice president now owns 69,037 shares of the company’s stock, valued at approximately $7,529,175.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Vincent De P. Mccarthy sold 3,090 shares of Verisk Analytics stock in a transaction dated Monday, August 20th. The shares were sold at an average price of $117.43, for a total value of $362,858.70. Following the transaction, the insider now directly owns 37,127 shares of the company’s stock, valued at approximately $4,359,823.61. The disclosure for this sale can be found here. In the last ninety days, insiders have acquired 996 shares of company stock valued at $112,124 and have sold 596,651 shares valued at $66,932,739. 3.19% of the stock is owned by insiders.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

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

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