Verisk Analytics, Inc. (NASDAQ:VRSK) insider Vincent De P. Mccarthy sold 3,591 shares of Verisk Analytics stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $157.85, for a total value of $566,839.35. Following the completion of the transaction, the insider now owns 36,033 shares in the company, valued at approximately $5,687,809.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of NASDAQ:VRSK traded down $1.69 during midday trading on Tuesday, hitting $156.45. 504,896 shares of the stock traded hands, compared to its average volume of 741,092. The stock has a market capitalization of $25.44 billion, a PE ratio of 38.07, a P/E/G ratio of 3.47 and a beta of 0.72. The business’s 50 day moving average is $158.14 and its two-hundred day moving average is $146.49. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.21. Verisk Analytics, Inc. has a one year low of $102.74 and a one year high of $164.97.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, July 30th. The business services provider reported $1.10 EPS for the quarter, meeting the consensus estimate of $1.10. The firm had revenue of $652.60 million during the quarter, compared to the consensus estimate of $642.61 million. Verisk Analytics had a net margin of 23.97% and a return on equity of 33.05%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.06 earnings per share. As a group, sell-side analysts forecast that Verisk Analytics, Inc. will post 4.42 earnings per share for the current year.
Several equities research analysts recently weighed in on the company. UBS Group increased their target price on Verisk Analytics from $119.00 to $124.00 and gave the company a “sell” rating in a report on Wednesday, July 10th. Keefe, Bruyette & Woods started coverage on Verisk Analytics in a research note on Monday, September 23rd. They issued a “market perform” rating and a $166.00 price target on the stock. Robert W. Baird lifted their price target on Verisk Analytics from $137.00 to $165.00 and gave the stock an “outperform” rating in a research note on Monday, August 26th. BidaskClub downgraded Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 12th. Finally, Bank of America increased their price objective on Verisk Analytics from $146.00 to $155.00 and gave the company a “neutral” rating in a research note on Wednesday, July 31st. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $144.40.
Several large investors have recently modified their holdings of VRSK. Cambridge Investment Research Advisors Inc. raised its stake in shares of Verisk Analytics by 82.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 10,767 shares of the business services provider’s stock valued at $1,432,000 after acquiring an additional 4,863 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Verisk Analytics by 4.1% during the first quarter. First Trust Advisors LP now owns 217,426 shares of the business services provider’s stock valued at $28,918,000 after acquiring an additional 8,582 shares during the last quarter. Signaturefd LLC raised its stake in shares of Verisk Analytics by 112.8% during the first quarter. Signaturefd LLC now owns 200 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 106 shares during the last quarter. Advisor Group Inc. raised its stake in shares of Verisk Analytics by 24.3% during the first quarter. Advisor Group Inc. now owns 20,456 shares of the business services provider’s stock valued at $2,721,000 after acquiring an additional 3,994 shares during the last quarter. Finally, CIBC World Markets Inc. raised its stake in shares of Verisk Analytics by 35.2% during the first quarter. CIBC World Markets Inc. now owns 12,026 shares of the business services provider’s stock valued at $1,599,000 after acquiring an additional 3,128 shares during the last quarter. 91.37% of the stock is owned by hedge funds and other institutional investors.
About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
Featured Article: NASDAQ Stock Market Explained
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.