Pensionfund Sabic Sells 900 Shares of Verisk Analytics, Inc. $VRSK

Pensionfund Sabic lessened its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 17.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,300 shares of the business services provider’s stock after selling 900 shares during the quarter. Pensionfund Sabic’s holdings in Verisk Analytics were worth $1,280,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Verisk Analytics by 1.5% in the first quarter. Vanguard Group Inc. now owns 16,733,589 shares of the business services provider’s stock worth $4,980,251,000 after purchasing an additional 239,483 shares in the last quarter. Alliancebernstein L.P. raised its position in Verisk Analytics by 0.5% during the first quarter. Alliancebernstein L.P. now owns 5,235,090 shares of the business services provider’s stock worth $1,558,067,000 after acquiring an additional 25,010 shares in the last quarter. Invesco Ltd. raised its position in Verisk Analytics by 36.0% during the first quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock worth $669,958,000 after acquiring an additional 596,225 shares in the last quarter. Nuveen LLC bought a new stake in Verisk Analytics during the first quarter worth $508,611,000. Finally, Price T Rowe Associates Inc. MD raised its position in Verisk Analytics by 19.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,704,246 shares of the business services provider’s stock worth $507,219,000 after acquiring an additional 283,238 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Shares of VRSK opened at $262.20 on Friday. The firm has a market capitalization of $36.63 billion, a PE ratio of 40.40, a PEG ratio of 3.77 and a beta of 0.86. The company’s 50-day moving average is $279.01 and its 200-day moving average is $292.93. Verisk Analytics, Inc. has a fifty-two week low of $259.01 and a fifty-two week high of $322.92. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.11. The company had revenue of $772.60 million for the quarter, compared to analyst estimates of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The company’s revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.45 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. Verisk Analytics’s dividend payout ratio is 27.73%.

Insiders Place Their Bets

In related news, insider Kathy Card Beckles sold 326 shares of the company’s stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total value of $98,080.36. Following the transaction, the insider directly owned 9,319 shares in the company, valued at approximately $2,803,714.34. This represents a 3.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the completion of the transaction, the chief executive officer owned 78,907 shares in the company, valued at $21,147,865.07. This trade represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,965 shares of company stock valued at $3,925,916 in the last three months. Insiders own 0.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on VRSK shares. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. Wolfe Research started coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price target on the stock. Morgan Stanley upped their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Finally, UBS Group dropped their price target on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Verisk Analytics currently has a consensus rating of “Hold” and a consensus target price of $306.91.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.