California State Teachers Retirement System Has $7.15 Billion Stock Position in Verisk Analytics, Inc. $VRSK

California State Teachers Retirement System boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 17,108.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 39,835,732 shares of the business services provider’s stock after acquiring an additional 39,604,236 shares during the period. California State Teachers Retirement System owned 0.31% of Verisk Analytics worth $7,151,709,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VRSK. Ameritas Advisory Services LLC acquired a new position in Verisk Analytics during the second quarter worth $494,000. Saudi Central Bank increased its position in shares of Verisk Analytics by 78.3% during the second quarter. Saudi Central Bank now owns 9,170 shares of the business services provider’s stock worth $1,646,000 after acquiring an additional 4,026 shares in the last quarter. BAM Wealth Management LLC increased its position in shares of Verisk Analytics by 7.0% during the second quarter. BAM Wealth Management LLC now owns 3,798 shares of the business services provider’s stock worth $682,000 after acquiring an additional 250 shares in the last quarter. Raiffeisen Bank International AG raised its holdings in shares of Verisk Analytics by 1.0% in the 2nd quarter. Raiffeisen Bank International AG now owns 122,044 shares of the business services provider’s stock worth $21,872,000 after acquiring an additional 1,161 shares during the last quarter. Finally, TD Waterhouse Canada Inc. raised its holdings in shares of Verisk Analytics by 10.5% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 61,114 shares of the business services provider’s stock worth $11,234,000 after acquiring an additional 5,792 shares during the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Lee Shavel sold 3,535 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $193.43, for a total transaction of $683,775.05. Following the completion of the sale, the chief executive officer owned 98,490 shares in the company, valued at $19,050,920.70. This trade represents a 3.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Elizabeth Mann sold 400 shares of Verisk Analytics stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $179.95, for a total transaction of $71,980.00. Following the completion of the sale, the chief financial officer directly owned 18,384 shares in the company, valued at $3,308,200.80. This trade represents a 2.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 11,990 shares of company stock valued at $2,396,828 in the last three months. Company insiders own 0.52% of the company’s stock.

Verisk Analytics Trading Down 5.5%

NASDAQ VRSK opened at $175.49 on Wednesday. The business’s fifty day moving average is $190.74 and its 200-day moving average is $185.91. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $22.84 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 2.12 and a beta of 0.66. Verisk Analytics, Inc. has a one year low of $155.94 and a one year high of $273.83.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The business services provider reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.93 by $0.05. Verisk Analytics had a net margin of 28.24% and a negative return on equity of 239.55%. The company had revenue of $806.30 million during the quarter, compared to analyst estimates of $804.02 million. During the same quarter in the prior year, the business earned $1.88 earnings per share. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Equities research analysts predict that Verisk Analytics, Inc. will post 7.71 EPS for the current year.

Verisk Analytics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio is currently 30.72%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Robert W. Baird set a $247.00 price target on shares of Verisk Analytics in a research report on Thursday, July 30th. Wells Fargo & Company increased their price objective on Verisk Analytics from $240.00 to $260.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Bank of America dropped their target price on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Rothschild & Co Redburn set a $185.00 target price on Verisk Analytics and gave the company a “neutral” rating in a research report on Thursday, June 18th. Finally, Evercore set a $223.00 price target on Verisk Analytics in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Verisk Analytics currently has a consensus rating of “Moderate Buy” and a consensus target price of $226.71.

View Our Latest Stock Analysis on VRSK

About Verisk Analytics

(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.

Further Reading

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

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