Verisk Analytics, Inc. (NASDAQ:VRSK) Director Christopher M. Foskett Sells 16,574 Shares of Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Christopher M. Foskett sold 16,574 shares of Verisk Analytics stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $144.40, for a total value of $2,393,285.60. Following the completion of the transaction, the director now owns 15,229 shares of the company’s stock, valued at approximately $2,199,067.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of VRSK stock traded up $1.29 on Friday, reaching $145.74. 46,300 shares of the stock were exchanged, compared to its average volume of 1,081,370. The stock has a market cap of $23.59 billion, a PE ratio of 35.52, a P/E/G ratio of 3.13 and a beta of 0.68. Verisk Analytics, Inc. has a one year low of $102.74 and a one year high of $164.97. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a 50 day moving average price of $148.63 and a 200 day moving average price of $150.08.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, October 29th. The business services provider reported $1.12 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.01). The firm had revenue of $652.70 million for the quarter, compared to the consensus estimate of $650.34 million. Verisk Analytics had a return on equity of 33.57% and a net margin of 18.23%. The company’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.08 EPS. On average, research analysts expect that Verisk Analytics, Inc. will post 4.38 earnings per share for the current fiscal year.

Several equities analysts have issued reports on the company. BidaskClub downgraded Verisk Analytics from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 5th. Keefe, Bruyette & Woods assumed coverage on Verisk Analytics in a research report on Monday, September 23rd. They issued a “market perform” rating and a $166.00 price objective for the company. Jefferies Financial Group assumed coverage on Verisk Analytics in a research report on Thursday. They issued a “buy” rating for the company. Bank of America lifted their price objective on Verisk Analytics from $146.00 to $155.00 and gave the company a “neutral” rating in a research report on Wednesday, July 31st. Finally, Morgan Stanley cut their price objective on Verisk Analytics from $164.00 to $162.00 and set an “equal weight” rating for the company in a research report on Thursday, October 31st. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $148.20.

Several hedge funds have recently added to or reduced their stakes in VRSK. Greenleaf Trust increased its holdings in Verisk Analytics by 2.8% in the second quarter. Greenleaf Trust now owns 2,634 shares of the business services provider’s stock valued at $386,000 after purchasing an additional 71 shares during the last quarter. Meridian Wealth Management LLC increased its holdings in Verisk Analytics by 18.8% in the second quarter. Meridian Wealth Management LLC now owns 475 shares of the business services provider’s stock valued at $70,000 after purchasing an additional 75 shares during the last quarter. Doliver Advisors LP increased its holdings in Verisk Analytics by 1.3% in the third quarter. Doliver Advisors LP now owns 5,945 shares of the business services provider’s stock valued at $928,000 after purchasing an additional 76 shares during the last quarter. First Allied Advisory Services Inc. increased its holdings in Verisk Analytics by 1.2% in the second quarter. First Allied Advisory Services Inc. now owns 7,133 shares of the business services provider’s stock valued at $1,045,000 after purchasing an additional 82 shares during the last quarter. Finally, Clear Harbor Asset Management LLC increased its holdings in Verisk Analytics by 4.0% in the second quarter. Clear Harbor Asset Management LLC now owns 2,429 shares of the business services provider’s stock valued at $356,000 after purchasing an additional 94 shares during the last quarter. Institutional investors own 89.18% of the company’s stock.

Verisk Analytics Company Profile

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.

See Also: What is the role of the G-20?

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

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.