BI Asset Management Fondsmaeglerselskab A S Sells 24,638 Shares of Verisk Analytics, Inc. $VRSK

BI Asset Management Fondsmaeglerselskab A S cut its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 74.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 8,551 shares of the business services provider’s stock after selling 24,638 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Verisk Analytics were worth $1,913,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC increased its stake in Verisk Analytics by 1.1% in the first quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock worth $1,259,000 after purchasing an additional 44 shares during the period. Nicolet Advisory Services LLC increased its stake in Verisk Analytics by 3.5% in the third quarter. Nicolet Advisory Services LLC now owns 1,377 shares of the business services provider’s stock worth $339,000 after purchasing an additional 47 shares during the period. Legacy Advisors LLC increased its stake in Verisk Analytics by 3.8% in the fourth quarter. Legacy Advisors LLC now owns 1,295 shares of the business services provider’s stock worth $290,000 after purchasing an additional 48 shares during the period. Promus Capital LLC increased its stake in Verisk Analytics by 2.3% in the third quarter. Promus Capital LLC now owns 2,382 shares of the business services provider’s stock worth $599,000 after purchasing an additional 53 shares during the period. Finally, Essex Bank increased its stake in Verisk Analytics by 0.4% in the fourth quarter. Essex Bank now owns 12,388 shares of the business services provider’s stock worth $2,771,000 after purchasing an additional 53 shares during the period. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $182.55 on Wednesday. The firm has a market cap of $23.92 billion, a P/E ratio of 27.79, a P/E/G ratio of 2.01 and a beta of 0.69. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 10.42. Verisk Analytics, Inc. has a 12 month low of $155.94 and a 12 month high of $314.80. The stock’s fifty day moving average price is $175.86 and its 200-day moving average price is $197.49.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.82 EPS for the quarter, beating the consensus estimate of $1.76 by $0.06. The firm had revenue of $782.60 million for the quarter, compared to analyst estimates of $771.62 million. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.73 earnings per share. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. On average, equities research analysts expect that Verisk Analytics, Inc. will post 7.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.1%. The ex-dividend date is Monday, June 15th. Verisk Analytics’s payout ratio is 30.44%.

Verisk Analytics announced that its Board of Directors has authorized a stock repurchase program on Wednesday, February 18th that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the business services provider to reacquire up to 10.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts have weighed in on VRSK shares. Morgan Stanley set a $235.00 target price on Verisk Analytics in a research note on Thursday, April 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $230.00 target price on shares of Verisk Analytics in a research note on Monday, March 30th. UBS Group set a $224.00 target price on Verisk Analytics in a research note on Thursday, February 19th. Wells Fargo & Company increased their target price on Verisk Analytics from $223.00 to $240.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Finally, The Goldman Sachs Group reduced their target price on Verisk Analytics from $239.00 to $206.00 and set a “neutral” rating on the stock in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $237.20.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, Director Samuel G. Liss sold 6,765 shares of Verisk Analytics stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $177.63, for a total value of $1,201,666.95. Following the transaction, the director owned 69,098 shares in the company, valued at $12,273,877.74. The trade was a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Elizabeth Mann sold 400 shares of Verisk Analytics stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $159.22, for a total value of $63,688.00. Following the completion of the transaction, the chief financial officer owned 19,584 shares in the company, valued at $3,118,164.48. This trade represents a 2.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,307 shares of company stock worth $3,076,222 over the last quarter. 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.