Verisk Analytics, Inc. (VRSK) Shares Sold by Exxonmobil Investment Management Inc. TX

Exxonmobil Investment Management Inc. TX decreased its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 14.1% during the second quarter, Holdings Channel reports. The institutional investor owned 29,523 shares of the business services provider’s stock after selling 4,830 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in Verisk Analytics were worth $2,491,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Mason Street Advisors LLC increased its position in shares of Verisk Analytics by 0.4% in the first quarter. Mason Street Advisors LLC now owns 21,378 shares of the business services provider’s stock valued at $1,735,000 after buying an additional 75 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its position in shares of Verisk Analytics by 2.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,242 shares of the business services provider’s stock valued at $322,000 after buying an additional 87 shares in the last quarter. Douglass Winthrop Advisors LLC increased its position in shares of Verisk Analytics by 2.8% in the first quarter. Douglass Winthrop Advisors LLC now owns 3,358 shares of the business services provider’s stock valued at $272,000 after buying an additional 90 shares in the last quarter. Conning Inc. increased its position in shares of Verisk Analytics by 3.1% in the first quarter. Conning Inc. now owns 2,990 shares of the business services provider’s stock valued at $243,000 after buying an additional 90 shares in the last quarter. Finally, Shell Asset Management Co. increased its position in shares of Verisk Analytics by 0.6% in the first quarter. Shell Asset Management Co. now owns 16,342 shares of the business services provider’s stock valued at $1,326,000 after buying an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 92.00% of the company’s stock.

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) opened at 85.44 on Monday. The stock’s 50 day moving average is $81.26 and its 200 day moving average is $81.57. The stock has a market capitalization of $14.13 billion, a PE ratio of 24.01 and a beta of 0.65. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $87.40.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, May 2nd. The business services provider reported $0.74 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.78 by $0.04. The firm had revenue of $502.60 million during the quarter, compared to analysts’ expectations of $511.99 million. Verisk Analytics had a net margin of 30.29% and a return on equity of 37.52%. Analysts anticipate that Verisk Analytics, Inc. will post $3.18 EPS for the current fiscal year.

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Several brokerages have weighed in on VRSK. BMO Capital Markets boosted their price target on Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a report on Friday. UBS AG reiterated a “sell” rating and issued a $75.00 price target (up from $71.00) on shares of Verisk Analytics in a report on Friday. Zacks Investment Research downgraded Verisk Analytics from a “hold” rating to a “sell” rating in a report on Friday, May 5th. Macquarie upgraded Verisk Analytics from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $90.00 to $95.00 in a report on Friday, May 5th. Finally, BidaskClub upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. Verisk Analytics has a consensus rating of “Hold” and a consensus target price of $85.50.

In related news, Director John F. Lehman sold 8,247 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $78.72, for a total value of $649,203.84. Following the completion of the sale, the director now owns 115,073 shares in the company, valued at approximately $9,058,546.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, April 24th. The shares were sold at an average price of $82.50, for a total transaction of $247,500.00. Following the completion of the sale, the director now owns 110,666 shares of the company’s stock, valued at approximately $9,129,945. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,247 shares of company stock valued at $2,351,914. 3.41% of the stock is owned by insiders.

About Verisk Analytics

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

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

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