D.A. Davidson & CO. reduced its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 13.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,322 shares of the business services provider’s stock after selling 2,042 shares during the quarter. D.A. Davidson & CO.’s holdings in Verisk Analytics were worth $1,108,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Mawer Investment Management Ltd. boosted its position in shares of Verisk Analytics by 6.0% in the 3rd quarter. Mawer Investment Management Ltd. now owns 1,816,797 shares of the business services provider’s stock worth $151,102,000 after purchasing an additional 103,564 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Verisk Analytics by 13.3% in the 3rd quarter. Pacer Advisors Inc. now owns 6,450 shares of the business services provider’s stock worth $537,000 after purchasing an additional 759 shares in the last quarter. Exencial Wealth Advisors LLC boosted its position in shares of Verisk Analytics by 3.6% in the 3rd quarter. Exencial Wealth Advisors LLC now owns 29,998 shares of the business services provider’s stock worth $2,496,000 after purchasing an additional 1,050 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Verisk Analytics by 10.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 691,437 shares of the business services provider’s stock worth $57,522,000 after purchasing an additional 66,868 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Verisk Analytics in the 3rd quarter worth approximately $2,026,000. 93.70% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently commented on VRSK shares. SunTrust Banks, Inc. cut Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a research report on Thursday, August 3rd. Credit Suisse Group reaffirmed a “neutral” rating and issued a $85.00 price objective (up from $80.00) on shares of Verisk Analytics in a research report on Thursday, August 3rd. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Verisk Analytics in a research report on Friday, August 4th. Keefe, Bruyette & Woods set a $90.00 price objective on Verisk Analytics and gave the company a “buy” rating in a research report on Monday, August 21st. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $83.00 price objective on shares of Verisk Analytics in a research report on Friday, September 15th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $88.29.

Verisk Analytics, Inc. (VRSK) opened at $93.88 on Monday. The stock has a market capitalization of $15,461.28, a P/E ratio of 29.34, a P/E/G ratio of 3.33 and a beta of 0.76. Verisk Analytics, Inc. has a 12-month low of $75.60 and a 12-month high of $94.26. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.45 and a quick ratio of 0.45.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.06. The business had revenue of $549.10 million during the quarter, compared to analyst estimates of $527.97 million. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.84 EPS. equities analysts anticipate that Verisk Analytics, Inc. will post 3.17 earnings per share for the current fiscal year.

In other Verisk Analytics news, EVP Kenneth E. Thompson sold 80,207 shares of the business’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $85.13, for a total transaction of $6,828,021.91. Following the completion of the sale, the executive vice president now directly owns 107,264 shares in the company, valued at approximately $9,131,384.32. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director David B. Wright sold 10,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total transaction of $808,200.00. Following the sale, the director now owns 13,951 shares of the company’s stock, valued at $1,127,519.82. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 321,146 shares of company stock valued at $27,721,244. Company insiders own 3.41% of the company’s stock.

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Verisk Analytics Company Profile

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

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

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