Hsbc Holdings PLC Buys 273,525 Shares of Verisk Analytics, Inc. $VRSK

Hsbc Holdings PLC raised its position in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 178.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 427,041 shares of the business services provider’s stock after buying an additional 273,525 shares during the period. Hsbc Holdings PLC owned 0.33% of Verisk Analytics worth $76,681,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mcguire Capital Advisors Inc. acquired a new position in Verisk Analytics in the fourth quarter valued at approximately $27,000. Osterweis Capital Management Inc. bought a new position in Verisk Analytics during the second quarter worth about $28,000. Reflection Asset Management bought a new position in shares of Verisk Analytics during the 4th quarter valued at about $30,000. Elyxium Wealth LLC bought a new position in Verisk Analytics in the fourth quarter valued at approximately $31,000. Finally, MCF Advisors LLC lifted its position in Verisk Analytics by 141.7% in the 4th quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 85 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 400 shares of the stock in a transaction dated Monday, August 17th. The stock was 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 owned 18,384 shares of the company’s stock, valued at approximately $3,308,200.80. This represents a 2.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Lee Shavel sold 3,535 shares of the firm’s 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 transaction, the chief executive officer owned 98,490 shares of the company’s stock, valued at approximately $19,050,920.70. The trade was a 3.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 11,990 shares of company stock valued at $2,396,828 in the last ninety days. 0.52% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Robert W. Baird set a $247.00 price target on Verisk Analytics in a research report on Thursday, July 30th. Bank of America reduced their price target on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Weiss Ratings raised shares of Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, August 25th. UBS Group upped their target price on Verisk Analytics from $220.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Finally, BMO Capital Markets restated an “outperform” rating 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 assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $230.29.

Read Our Latest Analysis on Verisk Analytics

Verisk Analytics Stock Performance

NASDAQ:VRSK opened at $185.79 on Monday. The firm has a market capitalization of $24.18 billion, a PE ratio of 28.54, a price-to-earnings-growth ratio of 2.12 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. The stock’s 50-day simple moving average is $190.69 and its 200 day simple moving average is $185.91. Verisk Analytics, Inc. has a twelve month low of $155.94 and a twelve month high of $273.83.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last released 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. The business had revenue of $806.30 million during the quarter, compared to analysts’ expectations of $804.02 million. Verisk Analytics had a net margin of 28.24% and a negative return on equity of 239.55%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.88 EPS. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. On average, analysts anticipate that Verisk Analytics, Inc. will post 7.71 EPS for the current fiscal 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 issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 15th. Verisk Analytics’s payout ratio is 30.72%.

Verisk Analytics Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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