Sterling Capital Management LLC lifted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 1,772.1% during the first quarter, HoldingsChannel.com reports. The firm owned 75,276 shares of the business services provider’s stock after purchasing an additional 71,255 shares during the quarter. Sterling Capital Management LLC’s holdings in Verisk Analytics were worth $14,284,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ameriflex Group Inc. bought a new position in Verisk Analytics during the 3rd quarter valued at approximately $25,000. Board of the Pension Protection Fund bought a new stake in Verisk Analytics in the fourth quarter worth $27,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Verisk Analytics in the fourth quarter worth $27,000. Osterweis Capital Management Inc. purchased a new stake in shares of Verisk Analytics in the second quarter worth $28,000. Finally, Reflection Asset Management bought a new position in shares of Verisk Analytics during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.
Insiders Place Their Bets
In other news, 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 sale, the chief financial officer owned 19,584 shares of the company’s stock, valued at $3,118,164.48. This trade represents a 2.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Samuel G. Liss sold 6,765 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $177.63, for a total transaction of $1,201,666.95. Following the completion of the sale, the director owned 69,098 shares of the company’s stock, valued at $12,273,877.74. This represents a 8.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 16,907 shares of company stock valued at $2,994,338. 0.52% of the stock is owned by insiders.
Verisk Analytics Stock Up 2.9%
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.06. The firm had revenue of $782.60 million during the quarter, compared to analysts’ expectations of $771.62 million. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.The company’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.73 earnings per share. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Equities analysts predict that Verisk Analytics, Inc. will post 7.63 EPS for the current fiscal year.
Verisk Analytics Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued 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 dividend payout ratio (DPR) is presently 30.44%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on VRSK shares. Capital One Financial set a $224.00 price target on Verisk Analytics in a research report on Thursday, March 5th. Weiss Ratings downgraded shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. Bank of America reduced their price objective on shares of Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. JPMorgan Chase & Co. lifted their target price on shares of Verisk Analytics from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Raymond James Financial upgraded shares of Verisk Analytics from an “outperform” rating to a “strong-buy” rating and upped their target price for the stock from $215.00 to $260.00 in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $234.87.
Read Our Latest Report on VRSK
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.
Recommended Stories
- Five stocks we like better than Verisk Analytics
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report).
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.
