Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CFO Elizabeth Mann sold 400 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $184.91, for a total value of $73,964.00. Following the sale, the chief financial officer owned 17,984 shares in the company, valued at $3,325,421.44. This trade represents a 2.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Elizabeth Mann also recently made the following trade(s):
- On Monday, August 17th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The shares were sold at an average price of $179.95, for a total value of $71,980.00.
Verisk Analytics Trading Up 0.9%
Verisk Analytics stock traded up $1.67 during trading on Wednesday, hitting $181.75. The company’s stock had a trading volume of 1,286,063 shares, compared to its average volume of 1,988,671. The stock’s fifty day moving average is $189.88 and its 200 day moving average is $185.65. Verisk Analytics, Inc. has a 1-year low of $155.94 and a 1-year high of $255.23. The stock has a market capitalization of $23.66 billion, a price-to-earnings ratio of 27.92, a P/E/G ratio of 2.13 and a beta of 0.66. 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 Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. Verisk Analytics’s dividend payout ratio (DPR) is currently 30.72%.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. UBS Group increased their target price on Verisk Analytics from $220.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, August 25th. Rothschild & Co Redburn set a $185.00 price target on Verisk Analytics and gave the stock a “neutral” rating in a research note on Thursday, June 18th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Verisk Analytics in a report on Thursday, July 30th. One equities research 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $226.71.
Read Our Latest Analysis on Verisk Analytics
Institutional Trading of Verisk Analytics
Several large investors have recently added to or reduced their stakes in VRSK. Junto Capital Management LP acquired a new stake in Verisk Analytics in the second quarter valued at $49,848,000. Sequoia Financial Advisors LLC increased its position in shares of Verisk Analytics by 25.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,674 shares of the business services provider’s stock worth $839,000 after purchasing an additional 942 shares during the last quarter. Tidal Investments LLC raised its stake in shares of Verisk Analytics by 9.9% in the 2nd quarter. Tidal Investments LLC now owns 21,549 shares of the business services provider’s stock valued at $3,869,000 after purchasing an additional 1,933 shares in the last quarter. National Pension Service lifted its position in shares of Verisk Analytics by 12.9% during the second quarter. National Pension Service now owns 246,266 shares of the business services provider’s stock worth $44,212,000 after purchasing an additional 28,167 shares during the last quarter. Finally, Engineers Gate Manager LP grew its stake in Verisk Analytics by 17.3% in the second quarter. Engineers Gate Manager LP now owns 1,318 shares of the business services provider’s stock worth $237,000 after purchasing an additional 194 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ:VRSK), commonly known as Verisk, is a data analytics and technology company that helps organizations manage risk and make informed decisions. The company primarily serves the insurance industry, providing data, predictive analytics, software and decision-support tools for property and casualty insurers, life insurers and other risk-focused businesses.
Verisk’s products and services support insurance underwriting, pricing, claims management, catastrophe modeling, fraud detection, actuarial analysis and regulatory compliance.
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