Jump Financial LLC Invests $3.36 Million in Verisk Analytics, Inc. $VRSK

Jump Financial LLC purchased a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,770 shares of the business services provider’s stock, valued at approximately $3,355,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. AlphaCore Capital LLC acquired a new stake in Verisk Analytics during the 2nd quarter worth approximately $27,000. Spurstone Advisory Services LLC acquired a new stake in shares of Verisk Analytics during the second quarter worth $29,000. NewSquare Capital LLC grew its position in Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after buying an additional 40 shares during the last quarter. Hantz Financial Services Inc. increased its stake in Verisk Analytics by 62.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after buying an additional 42 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new position in Verisk Analytics in the 2nd quarter valued at $34,000. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Trading Down 0.7%

Shares of VRSK opened at $214.48 on Thursday. Verisk Analytics, Inc. has a twelve month low of $196.99 and a twelve month high of $322.92. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 8.55. The firm has a market capitalization of $29.89 billion, a P/E ratio of 32.70, a PEG ratio of 3.39 and a beta of 0.81. The firm’s 50-day moving average is $226.83 and its two-hundred day moving average is $264.65.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, topping the consensus estimate of $1.70 by $0.02. The business had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, research analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.80 annualized dividend and a yield of 0.8%. Verisk Analytics’s dividend payout ratio is 27.44%.

Insider Buying and Selling

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $65,097.00. Following the completion of the transaction, the chief financial officer directly owned 14,565 shares in the company, valued at approximately $3,160,459.35. This trade represents a 2.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the completion of the sale, the chief executive officer directly owned 77,807 shares in the company, valued at $16,883,340.93. This trade represents a 1.39% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have acquired 1,450 shares of company stock valued at $314,663 and have sold 2,000 shares valued at $452,871. 0.46% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on VRSK. Rothschild & Co Redburn restated a “sell” rating and issued a $220.00 target price (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Verisk Analytics in a report on Monday. Evercore ISI reduced their price objective on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research report on Thursday, October 30th. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and dropped their target price for the stock from $310.00 to $275.00 in a research report on Thursday, October 30th. Finally, Seaport Res Ptn raised Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Verisk Analytics presently has a consensus rating of “Hold” and an average price target of $282.14.

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.