Financial Gravity Wealth Inc. bought a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 614 shares of the business services provider’s stock, valued at approximately $82,000.

A number of other large investors have also recently bought and sold shares of the stock. Barometer Capital Management Inc. purchased a new stake in Verisk Analytics during the first quarter valued at approximately $1,011,000. Eqis Capital Management Inc. lifted its position in Verisk Analytics by 24.0% during the first quarter. Eqis Capital Management Inc. now owns 15,365 shares of the business services provider’s stock valued at $2,044,000 after acquiring an additional 2,970 shares during the last quarter. Gulf International Bank UK Ltd lifted its position in Verisk Analytics by 0.5% during the first quarter. Gulf International Bank UK Ltd now owns 37,650 shares of the business services provider’s stock valued at $5,007,000 after acquiring an additional 200 shares during the last quarter. IFM Investors Pty Ltd lifted its position in Verisk Analytics by 12.9% during the first quarter. IFM Investors Pty Ltd now owns 10,255 shares of the business services provider’s stock valued at $1,364,000 after acquiring an additional 1,171 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its position in Verisk Analytics by 4.7% during the first quarter. Nisa Investment Advisors LLC now owns 44,462 shares of the business services provider’s stock valued at $5,913,000 after acquiring an additional 1,992 shares during the last quarter. 92.87% of the stock is owned by institutional investors.

A number of equities research analysts recently commented on VRSK shares. UBS Group increased their target price on shares of Verisk Analytics from $106.00 to $111.00 and gave the company a “sell” rating in a research report on Tuesday, April 9th. Zacks Investment Research cut shares of Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Saturday, January 5th. Morgan Stanley set a $119.00 target price on shares of Verisk Analytics and gave the company a “hold” rating in a research report on Tuesday, January 8th. BidaskClub lowered shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 9th. Finally, Robert W. Baird set a $137.00 price target on shares of Verisk Analytics and gave the company an “outperform” rating in a research note on Wednesday, February 20th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $119.20.

In other news, insider Vincent De P. Mccarthy sold 3,090 shares of the stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $124.92, for a total value of $386,002.80. Following the sale, the insider now owns 37,127 shares in the company, valued at $4,637,904.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Vincent De P. Mccarthy sold 3,091 shares of the stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $137.34, for a total transaction of $424,517.94. Following the completion of the sale, the insider now owns 36,441 shares in the company, valued at approximately $5,004,806.94. The disclosure for this sale can be found here. Insiders have sold a total of 35,139 shares of company stock worth $4,461,097 in the last 90 days. 2.71% of the stock is currently owned by company insiders.

Shares of Verisk Analytics stock opened at $137.99 on Monday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.99. Verisk Analytics, Inc. has a 12-month low of $95.21 and a 12-month high of $138.93. The company has a market cap of $22.56 billion, a price-to-earnings ratio of 33.57, a P/E/G ratio of 3.03 and a beta of 0.79.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, February 19th. The business services provider reported $1.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.07 by ($0.03). Verisk Analytics had a net margin of 25.00% and a return on equity of 32.77%. The company had revenue of $613.90 million for the quarter, compared to analyst estimates of $613.07 million. During the same quarter in the previous year, the company posted $0.81 EPS. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. Research analysts forecast that Verisk Analytics, Inc. will post 4.46 EPS for the current year.

The business also recently declared a special dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, March 14th. Verisk Analytics’s payout ratio is 6.08%.

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

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