Kingsview Wealth Management LLC Makes New $465,000 Investment in Verisk Analytics, Inc. $VRSK

Kingsview Wealth Management LLC purchased a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the second quarter, HoldingsChannel reports. The firm purchased 2,589 shares of the business services provider’s stock, valued at approximately $465,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VRSK. XXEC Inc. acquired a new stake in Verisk Analytics in the 2nd quarter valued at approximately $992,675,000. BlackRock Inc. acquired a new position in Verisk Analytics during the second quarter worth $1,852,678,000. Bamco Inc. NY acquired a new position in Verisk Analytics during the second quarter worth $844,259,000. Capital International Investors lifted its stake in Verisk Analytics by 1,200.9% during the fourth quarter. Capital International Investors now owns 3,264,323 shares of the business services provider’s stock worth $730,196,000 after purchasing an additional 3,013,400 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Verisk Analytics during the fourth quarter worth $346,457,000. 90.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Samuel G. Liss sold 4,671 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $182.21, for a total transaction of $851,102.91. Following the completion of the transaction, the director directly owned 69,098 shares of the company’s stock, valued at approximately $12,590,346.58. The trade was a 6.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Lee Shavel sold 3,535 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $196.94, for a total transaction of $696,182.90. Following the sale, the chief executive officer owned 98,490 shares in the company, valued at $19,396,620.60. The trade was a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 13,126 shares of company stock valued at $2,564,156. Corporate insiders own 0.52% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VRSK shares. Evercore set a $223.00 price objective on Verisk Analytics in a research note on Thursday, July 30th. Rothschild & Co Redburn set a $185.00 target price on Verisk Analytics and gave the company a “neutral” rating in a report on Thursday, June 18th. Wells Fargo & Company lifted their target price on Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Robert W. Baird set a $247.00 price target on shares of Verisk Analytics in a research note on Thursday, July 30th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $236.27.

Verisk Analytics Stock Up 1.0%

Verisk Analytics stock opened at $193.78 on Tuesday. The firm has a market capitalization of $25.22 billion, a P/E ratio of 29.77, a P/E/G ratio of 2.15 and a beta of 0.67. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 10.42. Verisk Analytics, Inc. has a twelve month low of $155.94 and a twelve month high of $273.83. The stock’s fifty day simple moving average is $189.80 and its 200-day simple moving average is $185.61.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, July 29th. The business services provider reported $1.98 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $804.02 million. During the same period last year, the business posted $1.88 earnings per share. Verisk Analytics’s revenue was up 4.3% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, equities analysts expect that Verisk Analytics, Inc. will post 7.71 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.50 dividend. 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 presently 30.72%.

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.