Eventide Asset Management LLC Reduces Position in Verisk Analytics, Inc. $VRSK

Eventide Asset Management LLC lessened its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 73.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 48,002 shares of the business services provider’s stock after selling 134,008 shares during the period. Eventide Asset Management LLC’s holdings in Verisk Analytics were worth $10,741,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in Verisk Analytics during the 3rd quarter worth approximately $25,000. Board of the Pension Protection Fund purchased a new stake in Verisk Analytics during the 4th quarter worth approximately $27,000. Osterweis Capital Management Inc. purchased a new stake in Verisk Analytics during the 2nd quarter worth approximately $28,000. Elyxium Wealth LLC purchased a new stake in Verisk Analytics during the 4th quarter worth approximately $31,000. Finally, MCF Advisors LLC grew its position in Verisk Analytics by 141.7% during the 4th quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock worth $32,000 after purchasing an additional 85 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

Shares of NASDAQ VRSK opened at $183.80 on Monday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 10.42. Verisk Analytics, Inc. has a 12 month low of $155.94 and a 12 month high of $314.80. The company has a 50 day simple moving average of $175.62 and a two-hundred day simple moving average of $196.67. The stock has a market cap of $24.08 billion, a price-to-earnings ratio of 27.98, a PEG ratio of 2.06 and a beta of 0.69.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.82 EPS for the quarter, beating the consensus estimate of $1.76 by $0.06. Verisk Analytics had a net margin of 29.34% and a negative return on equity of 2,405.75%. The business had revenue of $782.60 million during the quarter, compared to analysts’ expectations of $771.62 million. During the same period in the previous year, the business posted $1.73 EPS. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, analysts predict that Verisk Analytics, Inc. will post 7.63 earnings per share for the current year.

Verisk Analytics declared that its board has initiated a stock repurchase plan on Wednesday, February 18th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the business services provider to repurchase up to 10.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Monday, June 15th. Verisk Analytics’s payout ratio is currently 30.44%.

Insider Activity at Verisk Analytics

In related news, Director Bruce Edward Hansen sold 2,336 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $174.99, for a total value of $408,776.64. Following the completion of the transaction, the director directly owned 15,868 shares in the company, valued at $2,776,741.32. The trade was a 12.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Elizabeth Mann sold 400 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $159.22, for a total transaction of $63,688.00. Following the completion of the transaction, the chief financial officer owned 19,584 shares of the company’s stock, valued at approximately $3,118,164.48. This represents a 2.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 17,307 shares of company stock worth $3,076,222 in the last three months. Company insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on VRSK shares. Wells Fargo & Company boosted their target price on shares of Verisk Analytics from $223.00 to $240.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Royal Bank Of Canada restated an “outperform” rating and set a $230.00 price objective on shares of Verisk Analytics in a research note on Monday, March 30th. Capital One Financial set a $224.00 price objective on shares of Verisk Analytics in a research note on Thursday, March 5th. Weiss Ratings cut shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, May 14th. Finally, Morgan Stanley set a $235.00 price objective on shares of Verisk Analytics in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $237.20.

Verisk Analytics 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.