Mountain Pacific Investment Advisers LLC cut its position in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 62.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,224 shares of the business services provider’s stock after selling 98,711 shares during the quarter. Verisk Analytics accounts for 2.4% of Mountain Pacific Investment Advisers LLC’s portfolio, making the stock its 13th largest position. Mountain Pacific Investment Advisers LLC’s holdings in Verisk Analytics were worth $15,147,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRSK. AlphaCore Capital LLC acquired a new position in Verisk Analytics in the 2nd quarter worth $27,000. Osterweis Capital Management Inc. purchased a new stake in shares of Verisk Analytics during the second quarter worth about $28,000. Spurstone Advisory Services LLC acquired a new position in shares of Verisk Analytics in the second quarter worth about $29,000. NewSquare Capital LLC lifted its stake in shares of Verisk Analytics by 69.0% in the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after acquiring an additional 40 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in Verisk Analytics by 62.7% in the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 42 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.
Insider Buying and Selling at Verisk Analytics
In related news, CEO Lee Shavel sold 1,100 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the sale, the chief executive officer owned 77,807 shares in the company, valued at $16,883,340.93. This represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey J. Dailey bought 500 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was bought at an average price of $217.03 per share, with a total value of $108,515.00. Following the completion of the purchase, the director owned 3,962 shares of the company’s stock, valued at $859,872.86. This trade represents a 14.44% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have purchased 1,450 shares of company stock worth $314,663 and have sold 1,700 shares worth $369,648. 0.46% of the stock is currently owned by corporate insiders.
Verisk Analytics Stock Performance
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.02. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The firm had revenue of $768.30 million during the quarter, compared to analyst estimates of $776.04 million. During the same quarter in the previous year, the firm earned $1.67 earnings per share. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities research analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.
Analyst Upgrades and Downgrades
VRSK has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Evercore ISI dropped their price target on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research note on Thursday, October 30th. Rothschild & Co Redburn reaffirmed a “sell” rating and issued a $220.00 price target (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Seaport Research Partners upgraded shares of Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Royal Bank Of Canada decreased their price objective on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $278.64.
Check Out Our Latest Analysis on Verisk Analytics
Verisk Analytics Profile
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.
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