Hsbc Holdings PLC Sells 6,684 Shares of Verisk Analytics, Inc. $VRSK

Hsbc Holdings PLC cut its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 387,324 shares of the business services provider’s stock after selling 6,684 shares during the quarter. Hsbc Holdings PLC’s holdings in Verisk Analytics were worth $86,732,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Ameriflex Group Inc. acquired a new position in Verisk Analytics during the third quarter valued at approximately $25,000. Board of the Pension Protection Fund acquired a new position in shares of Verisk Analytics during the 4th quarter worth $27,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Verisk Analytics during the 4th quarter worth $27,000. Osterweis Capital Management Inc. bought a new stake in shares of Verisk Analytics during the 2nd quarter worth $28,000. Finally, Reflection Asset Management acquired a new stake in Verisk Analytics in the fourth quarter valued at about $30,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on VRSK shares. Bank of America lowered their target price on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Rothschild & Co Redburn set a $185.00 price objective on shares of Verisk Analytics and gave the company a “neutral” rating in a research note on Thursday. Royal Bank Of Canada restated an “outperform” rating and issued a $230.00 target price on shares of Verisk Analytics in a research report on Monday, March 30th. Raymond James Financial upgraded shares of Verisk Analytics from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from $215.00 to $260.00 in a report on Monday, March 2nd. Finally, Weiss Ratings downgraded Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $234.87.

Insider Buying and Selling

In other news, Director Samuel G. Liss sold 6,765 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $177.63, for a total value of $1,201,666.95. Following the completion of the sale, the director owned 69,098 shares of the company’s stock, valued at approximately $12,273,877.74. This represents a 8.92% 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, Director Bruce Edward Hansen sold 2,336 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $174.99, for a total value of $408,776.64. Following the transaction, the director owned 15,868 shares of the company’s stock, valued at $2,776,741.32. This trade represents a 12.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 16,907 shares of company stock valued at $2,994,338 in the last three months. Insiders own 0.52% of the company’s stock.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $173.80 on Monday. The company has a 50 day simple moving average of $175.06 and a 200 day simple moving average of $195.00. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.02 and a quick ratio of 1.02. Verisk Analytics, Inc. has a 1 year low of $155.94 and a 1 year high of $314.80. The firm has a market cap of $22.77 billion, a PE ratio of 26.45, a price-to-earnings-growth ratio of 1.95 and a beta of 0.69.

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

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Monday, June 15th. Verisk Analytics’s dividend payout ratio is presently 30.44%.

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.