Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CFO Elizabeth Mann sold 400 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $159.22, for a total transaction of $63,688.00. Following the completion of the transaction, the chief financial officer owned 19,584 shares of the company’s stock, valued at $3,118,164.48. This trade represents a 2.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Elizabeth Mann also recently made the following trade(s):
- On Wednesday, April 15th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The stock was sold at an average price of $171.57, for a total transaction of $68,628.00.
- On Tuesday, March 17th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The stock was sold at an average price of $204.71, for a total transaction of $81,884.00.
Verisk Analytics Trading Up 3.6%
VRSK stock traded up $5.71 during trading on Friday, hitting $162.55. The company had a trading volume of 1,672,566 shares, compared to its average volume of 2,002,228. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 10.42. The firm has a 50-day moving average price of $185.39 and a 200-day moving average price of $203.01. Verisk Analytics, Inc. has a 12 month low of $155.94 and a 12 month high of $322.92. The stock has a market cap of $21.30 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 1.81 and a beta of 0.72.
Verisk Analytics declared that its board has authorized a stock repurchase program on Wednesday, February 18th that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the business services provider to buy up to 10.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
Verisk Analytics Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, June 15th. Verisk Analytics’s payout ratio is 30.44%.
Institutional Trading of Verisk Analytics
Several institutional investors and hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC increased its position in shares of Verisk Analytics by 1.1% in the 1st quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock valued at $1,259,000 after buying an additional 44 shares in the last quarter. Woodline Partners LP increased its position in shares of Verisk Analytics by 39.6% in the 1st quarter. Woodline Partners LP now owns 11,931 shares of the business services provider’s stock valued at $3,551,000 after buying an additional 3,385 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Verisk Analytics by 114.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider’s stock valued at $75,000 after buying an additional 135 shares in the last quarter. Treasurer of the State of North Carolina increased its position in shares of Verisk Analytics by 52.2% in the 2nd quarter. Treasurer of the State of North Carolina now owns 135,876 shares of the business services provider’s stock valued at $42,325,000 after buying an additional 46,603 shares in the last quarter. Finally, Osterweis Capital Management Inc. bought a new stake in shares of Verisk Analytics in the 2nd quarter valued at $28,000. Institutional investors own 90.00% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on VRSK shares. The Goldman Sachs Group dropped their price objective on shares of Verisk Analytics from $239.00 to $206.00 and set a “neutral” rating for the company in a research report on Thursday, February 19th. Wall Street Zen upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Sunday, January 25th. JPMorgan Chase & Co. upped their target price on shares of Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Raymond James Financial upgraded shares of Verisk Analytics from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $215.00 to $260.00 in a research report on Monday, March 2nd. Finally, Wells Fargo & Company upped their target price on shares of Verisk Analytics from $223.00 to $240.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Verisk Analytics has an average rating of “Hold” and an average target price of $238.20.
Read Our Latest Report on VRSK
Verisk Analytics Company 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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