Man Group plc bought a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,974 shares of the business services provider’s stock, valued at approximately $713,000.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its position in shares of Verisk Analytics by 1.1% in the first quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock valued at $1,259,000 after purchasing an additional 44 shares during the period. Woodline Partners LP increased its stake in shares of Verisk Analytics by 39.6% during the first quarter. Woodline Partners LP now owns 11,931 shares of the business services provider’s stock worth $3,551,000 after purchasing an additional 3,385 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Verisk Analytics by 114.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider’s stock worth $75,000 after purchasing an additional 135 shares during the last quarter. Treasurer of the State of North Carolina raised its position in shares of Verisk Analytics by 52.2% during the 2nd quarter. Treasurer of the State of North Carolina now owns 135,876 shares of the business services provider’s stock worth $42,325,000 after purchasing an additional 46,603 shares during the last quarter. Finally, Osterweis Capital Management Inc. purchased a new position in Verisk Analytics in the 2nd quarter valued at about $28,000. Institutional investors and hedge funds own 90.00% of the company’s stock.
Insider Activity at Verisk Analytics
In other news, CEO Lee Shavel sold 3,535 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $193.43, for a total value of $683,775.05. Following the sale, the chief executive officer directly owned 98,490 shares in the company, valued at approximately $19,050,920.70. This trade represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Elizabeth Mann sold 400 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $179.95, for a total value of $71,980.00. Following the completion of the sale, the chief financial officer directly owned 18,384 shares in the company, valued at $3,308,200.80. This represents a 2.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 11,990 shares of company stock worth $2,396,828 in the last three months. 0.52% of the stock is owned by company insiders.
Analyst Ratings Changes
View Our Latest Research Report on Verisk Analytics
Verisk Analytics Price Performance
VRSK stock opened at $190.60 on Friday. The stock has a market cap of $24.81 billion, a price-to-earnings ratio of 29.28, a price-to-earnings-growth ratio of 2.14 and a beta of 0.66. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 10.42. Verisk Analytics, Inc. has a 52-week low of $155.94 and a 52-week high of $273.83. The business has a fifty day moving average of $190.62 and a two-hundred day moving average of $185.88.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) 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 analysts’ consensus estimates 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 firm had revenue of $806.30 million during the quarter, compared to the consensus estimate of $804.02 million. During the same period last year, the company earned $1.88 EPS. The company’s quarterly 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. As a group, research analysts anticipate that Verisk Analytics, Inc. will post 7.71 earnings per share for the current year.
Verisk Analytics Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is currently 30.72%.
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.
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