Lazard Asset Management LLC trimmed its position in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 3.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 243,053 shares of the business services provider’s stock after selling 8,395 shares during the quarter. Lazard Asset Management LLC’s holdings in Verisk Analytics were worth $46,119,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mcguire Capital Advisors Inc. bought a new stake in Verisk Analytics in the 4th quarter valued at $27,000. Osterweis Capital Management Inc. bought a new position in shares of Verisk Analytics during the 2nd quarter worth about $28,000. Reflection Asset Management acquired a new stake in shares of Verisk Analytics during the 4th quarter valued at about $30,000. Elyxium Wealth LLC acquired a new stake in shares of Verisk Analytics during the 4th quarter valued at about $31,000. Finally, MCF Advisors LLC increased its stake in Verisk Analytics by 141.7% in the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 85 shares during the period. 90.00% of the stock is owned by institutional investors.
Verisk Analytics Trading Up 2.6%
VRSK stock opened at $206.66 on Tuesday. The business has a fifty day moving average price of $183.12 and a 200 day moving average price of $189.30. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.02 and a quick ratio of 1.02. Verisk Analytics, Inc. has a fifty-two week low of $155.94 and a fifty-two week high of $300.93. The stock has a market capitalization of $27.08 billion, a price-to-earnings ratio of 31.46, a P/E/G ratio of 2.25 and a beta of 0.69.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on VRSK. Morgan Stanley set a $235.00 price target on shares of Verisk Analytics in a research report on Thursday, April 30th. Weiss Ratings downgraded Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. upped their price objective on Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Rothschild & Co Redburn set a $185.00 target price on Verisk Analytics and gave the stock a “neutral” rating in a report on Thursday, June 18th. Finally, Bank of America cut their target price on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Verisk Analytics presently has a consensus rating of “Hold” and a consensus price target of $234.87.
View Our Latest Research Report on Verisk Analytics
Insider Activity at Verisk Analytics
In other Verisk Analytics news, Director Bruce Edward Hansen sold 2,336 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $174.99, for a total transaction of $408,776.64. Following the sale, the director owned 15,868 shares of the company’s stock, valued at $2,776,741.32. This represents a 12.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Elizabeth Mann sold 400 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $159.22, for a total transaction of $63,688.00. Following the completion of the sale, the chief financial officer owned 19,584 shares of the company’s stock, valued at $3,118,164.48. The trade was a 2.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 16,507 shares of company stock valued at $2,925,710 over the last ninety days. 0.52% of the stock is owned by insiders.
Verisk Analytics Profile
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
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