Verisk Analytics, Inc. (NASDAQ:VRSK) Director Constantine Iordanou Sells 2,122 Shares

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Verisk Analytics, Inc. (NASDAQ:VRSK) Director Constantine Iordanou sold 2,122 shares of the business’s stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $153.01, for a total transaction of $324,687.22. Following the completion of the sale, the director now owns 59,214 shares of the company’s stock, valued at $9,060,334.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

NASDAQ:VRSK opened at $153.90 on Thursday. The firm has a market cap of $24.91 billion, a PE ratio of 37.45, a P/E/G ratio of 3.42 and a beta of 0.76. Verisk Analytics, Inc. has a one year low of $102.74 and a one year high of $155.49. The firm’s fifty day moving average is $149.78. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.21.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, July 30th. The business services provider reported $1.10 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.10. The firm had revenue of $652.60 million during the quarter, compared to analysts’ expectations of $642.61 million. Verisk Analytics had a net margin of 23.97% and a return on equity of 33.05%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.06 EPS. On average, research analysts forecast that Verisk Analytics, Inc. will post 4.42 EPS for the current fiscal year.

A number of analysts have recently weighed in on the stock. BidaskClub upgraded shares of Verisk Analytics from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Barclays restated a “buy” rating and issued a $155.00 price objective on shares of Verisk Analytics in a research note on Sunday, May 5th. SunTrust Banks boosted their price objective on shares of Verisk Analytics to $150.00 and gave the stock a “hold” rating in a research note on Thursday, May 2nd. They noted that the move was a valuation call. Zacks Investment Research cut shares of Verisk Analytics from a “hold” rating to a “sell” rating in a research note on Saturday, April 27th. Finally, Bank of America boosted their price objective on shares of Verisk Analytics from $146.00 to $155.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 31st. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $138.89.

Large investors have recently added to or reduced their stakes in the stock. Alps Advisors Inc. increased its holdings in Verisk Analytics by 16.6% in the 2nd quarter. Alps Advisors Inc. now owns 4,813 shares of the business services provider’s stock valued at $705,000 after buying an additional 685 shares during the period. Granite Investment Partners LLC increased its holdings in Verisk Analytics by 0.5% in the 2nd quarter. Granite Investment Partners LLC now owns 67,828 shares of the business services provider’s stock valued at $9,934,000 after buying an additional 312 shares during the period. Copperwynd Financial LLC bought a new stake in Verisk Analytics in the 2nd quarter valued at $6,736,000. Congress Asset Management Co. MA increased its holdings in Verisk Analytics by 1.6% in the 2nd quarter. Congress Asset Management Co. MA now owns 463,288 shares of the business services provider’s stock valued at $67,853,000 after buying an additional 7,263 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in Verisk Analytics by 226.4% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,848 shares of the business services provider’s stock valued at $1,003,000 after buying an additional 4,750 shares during the period. Hedge funds and other institutional investors own 93.23% of the company’s stock.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.

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Insider Buying and Selling by Quarter for Verisk Analytics (NASDAQ:VRSK)

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