24,744 Shares in Verisk Analytics, Inc. $VRSK Bought by Korea Investment CORP

Korea Investment CORP purchased a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 24,744 shares of the business services provider’s stock, valued at approximately $4,442,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in shares of Verisk Analytics during the second quarter worth about $1,852,678,000. State Street Corp grew its stake in Verisk Analytics by 1.5% in the fourth quarter. State Street Corp now owns 6,076,730 shares of the business services provider’s stock worth $1,359,304,000 after purchasing an additional 88,300 shares in the last quarter. Geode Capital Management LLC increased its holdings in Verisk Analytics by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 4,121,219 shares of the business services provider’s stock valued at $923,576,000 after buying an additional 36,194 shares during the last quarter. Morgan Stanley increased its holdings in Verisk Analytics by 10.2% in the fourth quarter. Morgan Stanley now owns 3,914,224 shares of the business services provider’s stock valued at $875,574,000 after buying an additional 362,050 shares during the last quarter. Finally, Capital International Investors raised its stake in Verisk Analytics by 1,200.9% during the fourth quarter. Capital International Investors now owns 3,264,323 shares of the business services provider’s stock valued at $730,196,000 after buying an additional 3,013,400 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. 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. UBS Group upped their price target on Verisk Analytics from $220.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Evercore set a $223.00 price objective on Verisk Analytics in a research note on Thursday, July 30th. Morgan Stanley set a $235.00 price objective on shares of Verisk Analytics in a report on Thursday, April 30th. Finally, Robert W. Baird set a $247.00 target price on shares of Verisk Analytics in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $236.27.

Insider Activity at Verisk Analytics

In other news, CEO Lee Shavel sold 3,535 shares of Verisk Analytics stock in a transaction that occurred 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 owned 98,490 shares of the company’s stock, valued at $19,396,620.60. The trade was a 3.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Elizabeth Mann sold 400 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $179.95, for a total transaction of $71,980.00. Following the completion of the sale, the chief financial officer owned 18,384 shares in the company, valued at $3,308,200.80. The trade was a 2.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 22,227 shares of company stock valued at $4,174,599. 0.52% of the stock is owned by corporate insiders.

Verisk Analytics Price Performance

Shares of NASDAQ:VRSK opened at $189.55 on Tuesday. The firm’s 50 day moving average is $188.17 and its two-hundred day moving average is $185.24. Verisk Analytics, Inc. has a 52 week low of $155.94 and a 52 week high of $273.83. The firm has a market capitalization of $24.67 billion, a P/E ratio of 29.12, a PEG ratio of 2.10 and a beta of 0.67. 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 (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, July 29th. The business services provider reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.05. Verisk Analytics had a negative return on equity of 239.55% and a net margin of 28.24%.The business had revenue of $806.30 million during the quarter, compared to the consensus estimate of $804.02 million. During the same period in the previous year, the firm posted $1.88 earnings per share. The business’s revenue was up 4.3% on a year-over-year basis. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Analysts anticipate that Verisk Analytics, Inc. will post 7.71 earnings per share for the current year.

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. Verisk Analytics’s dividend payout ratio is presently 30.72%.

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.