DMC Group LLC Sells 120 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

DMC Group LLC lessened its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.3% during the second quarter, HoldingsChannel.com reports. The firm owned 2,133 shares of the business services provider’s stock after selling 120 shares during the period. DMC Group LLC’s holdings in Verisk Analytics were worth $482,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. UNIVEST FINANCIAL Corp increased its position in shares of Verisk Analytics by 4.6% in the first quarter. UNIVEST FINANCIAL Corp now owns 1,190 shares of the business services provider’s stock valued at $228,000 after acquiring an additional 52 shares during the last quarter. OLD National Bancorp IN grew its stake in Verisk Analytics by 4.4% in the first quarter. OLD National Bancorp IN now owns 1,325 shares of the business services provider’s stock valued at $254,000 after purchasing an additional 56 shares in the last quarter. First Horizon Advisors Inc. increased its position in shares of Verisk Analytics by 8.9% during the 4th quarter. First Horizon Advisors Inc. now owns 711 shares of the business services provider’s stock worth $125,000 after purchasing an additional 58 shares during the last quarter. Advisor OS LLC boosted its holdings in shares of Verisk Analytics by 1.0% in the 1st quarter. Advisor OS LLC now owns 6,542 shares of the business services provider’s stock valued at $1,255,000 after buying an additional 63 shares during the last quarter. Finally, Summit Financial LLC lifted its stake in Verisk Analytics by 1.4% in the first quarter. Summit Financial LLC now owns 4,682 shares of the business services provider’s stock valued at $898,000 after acquiring an additional 66 shares during the last quarter. Institutional investors and hedge funds own 90.81% of the company’s stock.

Analyst Upgrades and Downgrades

VRSK has been the subject of several recent analyst reports. Argus assumed coverage on shares of Verisk Analytics in a research note on Thursday, September 14th. They issued a “buy” rating and a $288.00 target price for the company. StockNews.com assumed coverage on shares of Verisk Analytics in a research note on Thursday, August 17th. They issued a “hold” rating on the stock. Truist Financial upped their target price on Verisk Analytics from $270.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, September 7th. Royal Bank of Canada restated an “outperform” rating and issued a $250.00 price target on shares of Verisk Analytics in a research note on Thursday, August 3rd. Finally, Barclays increased their price target on Verisk Analytics from $250.00 to $275.00 and gave the stock an “overweight” rating in a research report on Thursday, August 3rd. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Verisk Analytics has a consensus rating of “Moderate Buy” and a consensus target price of $240.00.

Insider Activity at Verisk Analytics

In other news, insider Nicholas Daffan sold 1,516 shares of the stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $244.63, for a total transaction of $370,859.08. Following the completion of the transaction, the insider now directly owns 43,151 shares of the company’s stock, valued at approximately $10,556,029.13. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Nicholas Daffan sold 1,516 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $244.63, for a total value of $370,859.08. Following the completion of the transaction, the insider now directly owns 43,151 shares of the company’s stock, valued at approximately $10,556,029.13. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Therese M. Vaughan sold 6,129 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $233.02, for a total value of $1,428,179.58. Following the sale, the director now owns 27,179 shares in the company, valued at $6,333,250.58. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 17,637 shares of company stock worth $4,114,332. 1.31% of the stock is owned by company insiders.

Verisk Analytics Stock Down 0.2 %

Verisk Analytics stock traded down $0.56 during midday trading on Tuesday, hitting $245.66. 174,100 shares of the stock were exchanged, compared to its average volume of 1,031,539. Verisk Analytics, Inc. has a 52-week low of $162.94 and a 52-week high of $249.26. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 9.29. The business’s 50-day moving average price is $235.38 and its 200-day moving average price is $215.53. The stock has a market capitalization of $35.57 billion, a price-to-earnings ratio of 74.39, a price-to-earnings-growth ratio of 3.98 and a beta of 0.83.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, August 2nd. The business services provider reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.11. Verisk Analytics had a return on equity of 83.76% and a net margin of 18.64%. The company had revenue of $675.00 million during the quarter, compared to analyst estimates of $653.13 million. On average, research analysts expect that Verisk Analytics, Inc. will post 5.71 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, September 14th. Verisk Analytics’s dividend payout ratio (DPR) is currently 41.09%.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions to the insurance markets in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, and various other fields.