Verisk Analytics (NASDAQ:VRSK) CFO Sells $65,862.00 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $219.54, for a total transaction of $65,862.00. Following the completion of the sale, the chief financial officer owned 14,265 shares of the company’s stock, valued at $3,131,738.10. This represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Elizabeth Mann also recently made the following trade(s):

• On Monday, November 17th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The shares were sold at an average price of $216.99, for a total value of $65,097.00.
• On Wednesday, October 15th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The stock was sold at an average price of $242.23, for a total value of $72,669.00.

Verisk Analytics Stock Performance

VRSK opened at $218.57 on Friday. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $30.46 billion, a PE ratio of 33.32, a price-to-earnings-growth ratio of 3.44 and a beta of 0.81. The stock has a 50-day moving average of $223.52 and a 200-day moving average of $260.95. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates 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%.The firm’s revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business earned $1.67 EPS. 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 fiscal year.

Verisk Analytics Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts recently issued reports on VRSK shares. The Goldman Sachs Group lowered their target price on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. Evercore ISI decreased their price target on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a report on Thursday, October 30th. Royal Bank Of Canada dropped their price objective on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. Morgan Stanley cut their price objective on Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, Wolfe Research initiated coverage on Verisk Analytics in a report on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $278.64.

Institutional Investors Weigh In On Verisk Analytics

Hedge funds have recently made changes to their positions in the stock. Hudson Bay Capital Management LP increased its stake in Verisk Analytics by 2,071.9% during the third quarter. Hudson Bay Capital Management LP now owns 37,270 shares of the business services provider’s stock valued at $9,374,000 after acquiring an additional 35,554 shares during the period. Alecta Tjanstepension Omsesidigt acquired a new stake in shares of Verisk Analytics during the 3rd quarter worth approximately $44,902,000. Allworth Financial LP increased its position in shares of Verisk Analytics by 18.3% during the third quarter. Allworth Financial LP now owns 1,988 shares of the business services provider’s stock valued at $500,000 after purchasing an additional 308 shares during the period. IFP Advisors Inc increased its position in shares of Verisk Analytics by 26.6% during the third quarter. IFP Advisors Inc now owns 395 shares of the business services provider’s stock valued at $105,000 after purchasing an additional 83 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of Verisk Analytics in the third quarter valued at $6,136,000. Institutional investors own 90.00% 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.