Verisk Analytics, Inc. (NASDAQ:VRSK) insider Vincent De P. Mccarthy sold 46,229 shares of the company’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $156.87, for a total value of $7,251,943.23. Following the transaction, the insider now directly owns 53,922 shares in the company, valued at approximately $8,458,744.14. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of NASDAQ VRSK opened at $159.33 on Thursday. Verisk Analytics, Inc. has a one year low of $102.74 and a one year high of $164.97. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.77 and a quick ratio of 0.77. The business’s fifty day moving average price is $157.19 and its 200-day moving average price is $144.64. The stock has a market capitalization of $25.47 billion, a PE ratio of 38.77, a P/E/G ratio of 3.48 and a beta of 0.72.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, July 30th. The business services provider reported $1.10 EPS for the quarter, meeting analysts’ consensus estimates of $1.10. Verisk Analytics had a return on equity of 33.05% and a net margin of 23.97%. The firm had revenue of $652.60 million for the quarter, compared to analysts’ expectations of $642.61 million. During the same quarter in the prior year, the firm earned $1.06 EPS. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. As a group, equities analysts expect that Verisk Analytics, Inc. will post 4.42 EPS for the current fiscal year.
VRSK has been the topic of a number of recent research reports. Bank of America upped their price target on Verisk Analytics from $146.00 to $155.00 and gave the company a “neutral” rating in a research report on Wednesday, July 31st. UBS Group upped their price target on Verisk Analytics from $119.00 to $124.00 and gave the company a “sell” rating in a research report on Wednesday, July 10th. Finally, BidaskClub cut Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 12th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $138.89.
Several hedge funds and other institutional investors have recently modified their holdings of VRSK. Signaturefd LLC lifted its holdings in Verisk Analytics by 112.8% during the 1st quarter. Signaturefd LLC now owns 200 shares of the business services provider’s stock worth $27,000 after purchasing an additional 106 shares in the last quarter. Glassman Wealth Services lifted its holdings in Verisk Analytics by 43.4% during the 1st quarter. Glassman Wealth Services now owns 248 shares of the business services provider’s stock worth $33,000 after purchasing an additional 75 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in Verisk Analytics during the 2nd quarter worth about $44,000. Commonwealth Bank of Australia lifted its holdings in Verisk Analytics by 44.6% during the 2nd quarter. Commonwealth Bank of Australia now owns 337 shares of the business services provider’s stock worth $47,000 after purchasing an additional 104 shares in the last quarter. Finally, Meridian Wealth Management LLC purchased a new stake in Verisk Analytics during the 1st quarter worth about $53,000. 91.37% of the stock is currently owned by hedge funds and other institutional investors.
About Verisk Analytics
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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