Corient Private Wealth LP Sells 14,193 Shares of Verisk Analytics, Inc. $VRSK

Corient Private Wealth LP decreased its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 12.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 98,992 shares of the business services provider’s stock after selling 14,193 shares during the period. Corient Private Wealth LP’s holdings in Verisk Analytics were worth $17,772,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VRSK. XXEC Inc. acquired a new stake in Verisk Analytics during the 2nd quarter worth about $992,675,000. California State Teachers Retirement System lifted its stake in shares of Verisk Analytics by 17,108.0% in the 2nd quarter. California State Teachers Retirement System now owns 39,835,732 shares of the business services provider’s stock valued at $7,151,709,000 after purchasing an additional 39,604,236 shares during the period. BlackRock Inc. acquired a new position in shares of Verisk Analytics in the 2nd quarter valued at about $1,852,678,000. Bamco Inc. NY acquired a new position in shares of Verisk Analytics in the 2nd quarter valued at about $844,259,000. Finally, Geode Capital Management LLC boosted its position in shares of Verisk Analytics by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 4,121,219 shares of the business services provider’s stock valued at $923,576,000 after purchasing an additional 36,194 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Insiders Place Their Bets

In other Verisk Analytics news, insider Kathy Beckles sold 2,020 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $195.49, for a total value of $394,889.80. Following the transaction, the insider directly owned 11,516 shares of the company’s stock, valued at approximately $2,251,262.84. This trade represents a 14.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Elizabeth Mann sold 400 shares of Verisk Analytics stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $179.95, for a total transaction of $71,980.00. Following the transaction, the chief financial officer owned 18,384 shares of the company’s stock, valued at $3,308,200.80. This represents a 2.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 11,990 shares of company stock worth $2,396,828. Insiders own 0.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on VRSK shares. Weiss Ratings raised Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 25th. Robert W. Baird set a $247.00 price target on Verisk Analytics in a research note on Thursday, July 30th. Barclays cut their price target on Verisk Analytics from $275.00 to $225.00 and set an “overweight” rating on the stock in a report on Tuesday, September 8th. BMO Capital Markets reiterated an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, July 30th. Finally, Wells Fargo & Company boosted their target price on shares of Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $226.71.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $187.03 on Tuesday. Verisk Analytics, Inc. has a one year low of $155.94 and a one year high of $263.67. The firm has a market capitalization of $24.34 billion, a price-to-earnings ratio of 28.73, a PEG ratio of 2.01 and a beta of 0.66. The business has a 50-day simple moving average of $190.12 and a 200 day simple moving average of $185.76. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.01 and a quick ratio of 1.01.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, July 29th. The business services provider reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.05. Verisk Analytics had a negative return on equity of 239.55% and a net margin of 28.24%.The business had revenue of $806.30 million for the quarter, compared to analyst estimates of $804.02 million. During the same quarter in the prior year, the company earned $1.88 earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. On average, research analysts anticipate that Verisk Analytics, Inc. will post 7.71 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.50 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.00 annualized dividend and a yield of 1.1%. Verisk Analytics’s dividend payout ratio is presently 30.72%.

About Verisk Analytics

Verisk Analytics, Inc (NASDAQ:VRSK), commonly known as Verisk, is a data analytics and technology company that helps organizations manage risk and make informed decisions. The company primarily serves the insurance industry, providing data, predictive analytics, software and decision-support tools for property and casualty insurers, life insurers and other risk-focused businesses.

Verisk’s products and services support insurance underwriting, pricing, claims management, catastrophe modeling, fraud detection, actuarial analysis and regulatory compliance.