Vise Technologies Inc. purchased a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,272 shares of the business services provider’s stock, valued at approximately $587,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in VRSK. Mcguire Capital Advisors Inc. acquired a new position in Verisk Analytics during the 4th quarter worth approximately $27,000. Osterweis Capital Management Inc. bought a new stake in shares of Verisk Analytics during the second quarter valued at approximately $28,000. Reflection Asset Management acquired a new position in shares of Verisk Analytics during the fourth quarter worth approximately $30,000. Elyxium Wealth LLC bought a new position in shares of Verisk Analytics in the 4th quarter worth $31,000. Finally, MCF Advisors LLC grew its position in Verisk Analytics by 141.7% in the 4th quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 85 shares during the period. Institutional investors own 90.00% of the company’s stock.
Verisk Analytics Price Performance
Shares of NASDAQ:VRSK opened at $189.55 on Tuesday. The company has a 50 day moving average of $188.17 and a 200 day moving average of $185.24. The stock has a market cap of $24.67 billion, a P/E ratio of 29.12, a P/E/G ratio of 2.10 and a beta of 0.67. Verisk Analytics, Inc. has a 12 month low of $155.94 and a 12 month high of $273.83. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 10.42.
Verisk Analytics Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. Verisk Analytics’s dividend payout ratio (DPR) is currently 30.72%.
Analysts Set New Price Targets
A number of research analysts have weighed in on VRSK shares. Robert W. Baird set a $247.00 price objective on shares of Verisk Analytics in a research note on Thursday, July 30th. Weiss Ratings lowered shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. Evercore set a $223.00 target price on shares of Verisk Analytics in a report on Thursday, July 30th. Morgan Stanley set a $235.00 price target on Verisk Analytics in a research note on Thursday, April 30th. Finally, Rothschild & Co Redburn set a $185.00 price objective on Verisk Analytics and gave the stock a “neutral” rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $236.27.
Check Out Our Latest Stock Analysis on Verisk Analytics
Insider Buying and Selling
In related news, CEO Lee Shavel sold 3,535 shares of Verisk Analytics stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $196.94, for a total value of $696,182.90. Following the transaction, the chief executive officer directly owned 98,490 shares of the company’s stock, valued at $19,396,620.60. The trade was a 3.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Kathy Card Beckles sold 2,020 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $195.49, for a total transaction of $394,889.80. Following the sale, the insider owned 11,516 shares of the company’s stock, valued at $2,251,262.84. This represents a 14.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 22,227 shares of company stock valued at $4,174,599 over the last quarter. Company insiders own 0.52% of the company’s stock.
About Verisk Analytics
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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