KBC Group NV raised its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 69.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,791 shares of the business services provider’s stock after buying an additional 9,328 shares during the period. KBC Group NV’s holdings in Verisk Analytics were worth $1,923,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Verisk Analytics by 2.6% in the first quarter. Vanguard Group Inc. now owns 14,618,893 shares of the business services provider’s stock valued at $1,186,178,000 after buying an additional 369,542 shares in the last quarter. BlackRock Inc. boosted its stake in Verisk Analytics by 2,758.9% in the first quarter. BlackRock Inc. now owns 9,612,882 shares of the business services provider’s stock valued at $779,989,000 after buying an additional 9,276,635 shares in the last quarter. State Street Corp boosted its stake in Verisk Analytics by 1.2% in the first quarter. State Street Corp now owns 6,496,095 shares of the business services provider’s stock valued at $527,082,000 after buying an additional 76,648 shares in the last quarter. Parnassus Investments CA boosted its stake in Verisk Analytics by 5.9% in the first quarter. Parnassus Investments CA now owns 5,459,968 shares of the business services provider’s stock valued at $430,617,000 after buying an additional 303,701 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in Verisk Analytics by 96.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,199,787 shares of the business services provider’s stock valued at $340,771,000 after buying an additional 2,060,620 shares in the last quarter. 93.33% of the stock is owned by institutional investors.

Verisk Analytics, Inc. (NASDAQ VRSK) opened at 79.23 on Tuesday. The company has a 50-day moving average price of $83.65 and a 200 day moving average price of $82.02. The company has a market capitalization of $13.04 billion, a PE ratio of 28.80 and a beta of 0.66. Verisk Analytics, Inc. has a 12 month low of $75.60 and a 12 month high of $88.17.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.05. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The firm had revenue of $523.20 million during the quarter, compared to analyst estimates of $519.67 million. During the same quarter in the previous year, the company posted $0.73 earnings per share. The company’s revenue was up 5.0% compared to the same quarter last year. On average, equities research analysts forecast that Verisk Analytics, Inc. will post $3.14 EPS for the current fiscal year.

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VRSK has been the subject of several research reports. Credit Suisse Group reissued 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. UBS AG reissued a “sell” rating and issued a $75.00 price objective (up from $71.00) on shares of Verisk Analytics in a research report on Friday, July 14th. SunTrust Banks, Inc. cut Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a research report on Thursday, August 3rd. BMO Capital Markets increased their price objective on Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a research report on Friday, July 14th. Finally, 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. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $85.38.

In related news, Director Christopher M. Foskett sold 1,304 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $82.46, for a total transaction of $107,527.84. Following the transaction, the director now owns 9,989 shares in the company, valued at approximately $823,692.94. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director David B. Wright sold 15,000 shares of the business’s stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $80.32, for a total value of $1,204,800.00. Following the transaction, the director now owns 22,025 shares in the company, valued at approximately $1,769,048. The disclosure for this sale can be found here. In the last three months, insiders sold 19,304 shares of company stock valued at $1,562,738. 3.41% of the stock is currently owned by corporate insiders.

About Verisk Analytics

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.

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

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