Wormser Freres Gestion Increases Position in Verisk Analytics, Inc. $VRSK

Wormser Freres Gestion grew its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 94.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 837 shares of the business services provider’s stock after buying an additional 407 shares during the quarter. Wormser Freres Gestion’s holdings in Verisk Analytics were worth $261,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NBC Securities Inc. bought a new position in Verisk Analytics in the 1st quarter valued at $60,000. Procyon Advisors LLC boosted its stake in shares of Verisk Analytics by 5.5% during the first quarter. Procyon Advisors LLC now owns 1,689 shares of the business services provider’s stock valued at $503,000 after purchasing an additional 88 shares during the period. Wedmont Private Capital grew its holdings in shares of Verisk Analytics by 20.9% in the first quarter. Wedmont Private Capital now owns 2,549 shares of the business services provider’s stock worth $744,000 after purchasing an additional 440 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in Verisk Analytics by 2.6% during the 1st quarter. Park Avenue Securities LLC now owns 9,779 shares of the business services provider’s stock valued at $2,910,000 after buying an additional 246 shares in the last quarter. Finally, Bennett Selby Investments LP boosted its position in Verisk Analytics by 3.1% in the 1st quarter. Bennett Selby Investments LP now owns 1,208 shares of the business services provider’s stock valued at $359,000 after buying an additional 36 shares during the period. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Up 0.7%

Shares of VRSK stock opened at $249.04 on Monday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics, Inc. has a twelve month low of $239.83 and a twelve month high of $322.92. The stock has a 50 day moving average of $262.88 and a 200 day moving average of $288.12. The stock has a market cap of $34.79 billion, a P/E ratio of 38.37, a P/E/G ratio of 3.53 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results 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. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The firm had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same period in the previous year, the firm earned $1.74 EPS. The business’s quarterly revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, September 15th. Verisk Analytics’s dividend payout ratio is presently 27.73%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VRSK. Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. Morgan Stanley raised their price objective on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Verisk Analytics in a research report on Saturday, September 27th. Wells Fargo & Company dropped their price target on Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 17th. Finally, Wolfe Research initiated coverage on Verisk Analytics in a report on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $311.00.

Insider Activity

In other news, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the sale, the chief executive officer directly owned 78,907 shares in the company, valued at $21,147,865.07. This trade represents a 1.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Christopher John Perry purchased 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average price of $259.80 per share, with a total value of $259,800.00. Following the purchase, the director owned 1,773 shares in the company, valued at $460,625.40. This represents a 129.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 8,520 shares of company stock valued at $2,273,891. Insiders own 0.46% of the company’s stock.

About Verisk Analytics

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.