Norris Perne & French LLP MI Buys 29,086 Shares of Verisk Analytics, Inc. $VRSK

Norris Perne & French LLP MI lifted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 47.3% during the third quarter, HoldingsChannel.com reports. The firm owned 90,636 shares of the business services provider’s stock after purchasing an additional 29,086 shares during the quarter. Verisk Analytics makes up 1.6% of Norris Perne & French LLP MI’s portfolio, making the stock its 22nd largest position. Norris Perne & French LLP MI’s holdings in Verisk Analytics were worth $22,796,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in VRSK. AlphaCore Capital LLC purchased a new position in Verisk Analytics during the 2nd quarter valued at about $27,000. Osterweis Capital Management Inc. purchased a new stake in shares of Verisk Analytics in the second quarter worth about $28,000. Spurstone Advisory Services LLC bought a new position in shares of Verisk Analytics in the second quarter valued at approximately $29,000. NewSquare Capital LLC boosted its position in shares of Verisk Analytics by 69.0% in the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 40 shares during the period. Finally, Hantz Financial Services Inc. grew its stake in Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Up 0.7%

Shares of NASDAQ:VRSK opened at $220.34 on Monday. The firm has a market capitalization of $30.71 billion, a PE ratio of 33.59, a price-to-earnings-growth ratio of 3.46 and a beta of 0.81. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92. The firm has a fifty day moving average of $221.14 and a 200 day moving average of $256.05.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results 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. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The business had revenue of $768.30 million for the quarter, compared to the consensus estimate of $776.04 million. During the same quarter last year, the business posted $1.67 earnings per share. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, research analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS 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. Investors of record on Monday, December 15th will be given a $0.45 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. Verisk Analytics’s payout ratio is presently 27.44%.

Insiders Place Their Bets

In other Verisk Analytics news, Director Jeffrey J. Dailey acquired 500 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was bought at an average price of $217.03 per share, with a total value of $108,515.00. Following the purchase, the director 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. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Sabra R. Purtill bought 450 shares of Verisk Analytics stock in a transaction that occurred on Friday, October 31st. The shares were acquired at an average cost of $217.95 per share, for a total transaction of $98,077.50. Following the acquisition, the director owned 1,327 shares in the company, valued at $289,219.65. The trade was a 51.31% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have bought 1,450 shares of company stock valued at $314,663 and have sold 2,000 shares valued at $442,317. Corporate insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on VRSK shares. Evercore ISI lowered their target price on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a research note on Thursday, October 30th. The Goldman Sachs Group decreased their price target on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Rothschild Redb lowered Verisk Analytics from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and reduced their target price for the stock from $310.00 to $275.00 in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. lowered their price target on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $278.64.

Verisk Analytics Company 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.