Brown Advisory Inc. Sells 132,303 Shares of Verisk Analytics, Inc. $VRSK

Brown Advisory Inc. reduced its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 7.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,588,662 shares of the business services provider’s stock after selling 132,303 shares during the period. Brown Advisory Inc.’s holdings in Verisk Analytics were worth $494,878,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. AlphaCore Capital LLC acquired a new stake in Verisk Analytics during the second quarter valued at approximately $27,000. Spurstone Advisory Services LLC bought a new position in shares of Verisk Analytics during the 2nd quarter worth approximately $29,000. NewSquare Capital LLC lifted its position in shares of Verisk Analytics by 69.0% during the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after buying an additional 40 shares during the period. Hantz Financial Services Inc. grew its position 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 acquiring an additional 42 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new position in Verisk Analytics during the second quarter worth $34,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Activity at Verisk Analytics

In other news, CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.99, for a total transaction of $65,097.00. Following the transaction, the chief financial officer owned 14,565 shares of the company’s stock, valued at $3,160,459.35. This represents a 2.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.99, for a total value of $238,689.00. Following the completion of the transaction, the chief executive officer owned 77,807 shares in the company, valued at approximately $16,883,340.93. This represents a 1.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have purchased 1,450 shares of company stock valued at $314,663 and have sold 2,000 shares valued at $452,871. Insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Evercore ISI reduced their target price on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a research note on Thursday, October 30th. Argus downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a report on Friday, November 14th. Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Wells Fargo & Company dropped their price objective on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Finally, The Goldman Sachs Group reduced their target price on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $282.14.

Verisk Analytics Trading Down 1.1%

Shares of NASDAQ VRSK opened at $222.09 on Friday. Verisk Analytics, Inc. has a 1-year low of $196.99 and a 1-year high of $322.92. The company has a market cap of $30.95 billion, a PE ratio of 33.86, a P/E/G ratio of 3.53 and a beta of 0.81. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 8.55. The company has a 50-day moving average of $229.35 and a two-hundred day moving average of $267.65.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS 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 business had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. During the same period in the prior year, the firm earned $1.67 earnings per share. Verisk Analytics’s revenue 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. As a group, equities analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, December 15th. Verisk Analytics’s dividend payout ratio (DPR) is 27.44%.

Verisk Analytics Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.