Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CEO Lee Shavel sold 3,535 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $193.43, for a total transaction of $683,775.05. Following the sale, the chief executive officer owned 98,490 shares of the company’s stock, valued at approximately $19,050,920.70. This represents a 3.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Lee Shavel also recently made the following trade(s):
- On Monday, August 3rd, Lee Shavel sold 3,535 shares of Verisk Analytics stock. The shares were sold at an average price of $196.94, for a total transaction of $696,182.90.
- On Wednesday, July 29th, Lee Shavel sold 2,500 shares of Verisk Analytics stock. The shares were sold at an average price of $220.00, for a total transaction of $550,000.00.
Verisk Analytics Trading Down 3.2%
VRSK traded down $6.19 during trading on Wednesday, reaching $188.16. 1,014,415 shares of the company’s stock were exchanged, compared to its average volume of 2,035,366. The company’s fifty day moving average price is $190.19 and its 200-day moving average price is $185.75. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.01 and a current ratio of 1.01. Verisk Analytics, Inc. has a fifty-two week low of $155.94 and a fifty-two week high of $273.83. The firm has a market capitalization of $24.49 billion, a PE ratio of 28.90, a P/E/G ratio of 2.21 and a beta of 0.66.
Verisk Analytics Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio is currently 30.72%.
Analysts Set New Price Targets
A number of equities analysts have issued reports 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 note on Thursday, July 30th. BMO Capital Markets reiterated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, July 30th. Evercore set a $223.00 price objective on shares of Verisk Analytics in a research note on Thursday, July 30th. Finally, Bank of America decreased their price objective on shares of Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Verisk Analytics presently has an average rating of “Moderate Buy” and an average target price of $236.27.
Get Our Latest Report on Verisk Analytics
Institutional Investors Weigh In On Verisk Analytics
Large investors have recently modified their holdings of the business. XXEC Inc. acquired a new stake in shares of Verisk Analytics during the second quarter worth about $992,675,000. California State Teachers Retirement System boosted its position in shares of Verisk Analytics by 17,108.0% during the second quarter. California State Teachers Retirement System now owns 39,835,732 shares of the business services provider’s stock worth $7,151,709,000 after buying an additional 39,604,236 shares during the period. BlackRock Inc. bought a new position in shares of Verisk Analytics during the second quarter worth about $1,852,678,000. Bamco Inc. NY acquired a new stake in Verisk Analytics in the 2nd quarter valued at approximately $844,259,000. Finally, Capital International Investors raised its position in Verisk Analytics by 1,200.9% in the 4th 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 during the last quarter. 90.00% of the stock is currently owned by institutional investors.
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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