Verisk Analytics (NASDAQ:VRSK) Director Jeffrey Dailey Purchases 500 Shares

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Jeffrey Dailey bought 500 shares of the business’s stock in a transaction dated Friday, October 31st. The shares were bought at an average cost of $217.03 per share, for a total transaction of $108,515.00. Following the transaction, the director owned 3,962 shares in the company, valued at approximately $859,872.86. The trade was a 14.44% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Verisk Analytics Price Performance

VRSK opened at $215.40 on Tuesday. The business has a fifty day moving average of $247.45 and a 200 day moving average of $279.75. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. The stock has a market cap of $30.02 billion, a P/E ratio of 32.84, a PEG ratio of 2.75 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company had revenue of $768.30 million during the quarter, compared to analysts’ expectations of $776.04 million. During the same quarter in the previous year, the business earned $1.67 EPS. Verisk Analytics’s revenue was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a dividend of $0.45 per share. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. Verisk Analytics’s payout ratio is presently 27.44%.

Analysts Set New Price Targets

VRSK has been the subject of a number of recent analyst reports. Rothschild & Co Redburn restated a “sell” rating and set a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Wolfe Research initiated coverage on Verisk Analytics in a report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price objective for the company. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an “outperform” rating in a report on Monday, August 4th. Wells Fargo & Company lowered their target price on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Finally, Royal Bank Of Canada lowered their target price on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Verisk Analytics currently has a consensus rating of “Hold” and an average price target of $282.14.

Institutional Investors Weigh In On Verisk Analytics

A number of hedge funds have recently made changes to their positions in the stock. Voya Investment Management LLC grew its holdings in Verisk Analytics by 24.1% during the first quarter. Voya Investment Management LLC now owns 303,480 shares of the business services provider’s stock worth $90,076,000 after acquiring an additional 58,954 shares during the period. Insight Wealth Strategies LLC acquired a new stake in Verisk Analytics during the second quarter worth about $3,860,000. Dakota Wealth Management grew its holdings in Verisk Analytics by 24.0% during the second quarter. Dakota Wealth Management now owns 21,745 shares of the business services provider’s stock worth $6,774,000 after acquiring an additional 4,206 shares during the period. Swedbank AB grew its holdings in Verisk Analytics by 1.8% during the first quarter. Swedbank AB now owns 108,792 shares of the business services provider’s stock worth $32,379,000 after acquiring an additional 1,903 shares during the period. Finally, United Services Automobile Association acquired a new stake in Verisk Analytics during the first quarter worth about $1,006,000. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

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.