Qube Research & Technologies Ltd Buys 101,352 Shares of Verisk Analytics, Inc. $VRSK

Qube Research & Technologies Ltd increased its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 33.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 406,136 shares of the business services provider’s stock after purchasing an additional 101,352 shares during the quarter. Qube Research & Technologies Ltd owned approximately 0.29% of Verisk Analytics worth $126,511,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. AlphaCore Capital LLC bought a new position in Verisk Analytics in the second quarter worth about $27,000. Spurstone Advisory Services LLC bought a new stake in shares of Verisk Analytics in the 2nd quarter valued at about $29,000. NewSquare Capital LLC boosted its holdings in shares of 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 in the last quarter. Hantz Financial Services Inc. grew its position in shares of Verisk Analytics by 62.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after buying an additional 42 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Verisk Analytics during the 2nd quarter worth approximately $34,000. Institutional investors own 90.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday. JPMorgan Chase & Co. decreased their price objective on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Rothschild & Co Redburn reissued a “sell” rating and issued a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. Seaport Res Ptn raised Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. Finally, Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and decreased their price target for the company from $310.00 to $275.00 in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Verisk Analytics has an average rating of “Hold” and a consensus target price of $282.14.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction that occurred on 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 approximately $16,883,340.93. The trade was a 1.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Jeffrey J. Dailey acquired 500 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was acquired at an average price of $217.03 per share, for a total transaction of $108,515.00. Following the purchase, the director directly owned 3,962 shares of the company’s stock, valued at approximately $859,872.86. This trade represents a 14.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders bought 1,450 shares of company stock worth $314,663 and sold 2,000 shares worth $452,871. 0.46% of the stock is owned by corporate insiders.

Verisk Analytics Price Performance

NASDAQ VRSK opened at $214.48 on Thursday. The company has a market cap of $29.89 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 3.39 and a beta of 0.81. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.19. The stock’s fifty day moving average price is $226.83 and its 200 day moving average price is $264.65. Verisk Analytics, Inc. has a 1 year low of $196.99 and a 1 year high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.02. The business had revenue of $768.30 million for the quarter, compared to the consensus estimate of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.During the same quarter in the previous year, the business earned $1.67 EPS. The company’s quarterly 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, equities research analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

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

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.