Lbp Am Sa raised its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 14.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,231 shares of the business services provider’s stock after purchasing an additional 3,025 shares during the quarter. Lbp Am Sa’s holdings in Verisk Analytics were worth $6,094,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently made changes to their positions in VRSK. Norges Bank bought a new position in Verisk Analytics during the second quarter valued at about $556,192,000. Navera Investment Management Ltd. purchased a new position in Verisk Analytics in the third quarter valued at about $110,017,000. Parnassus Investments LLC grew its position in shares of Verisk Analytics by 31.8% during the 3rd quarter. Parnassus Investments LLC now owns 1,492,715 shares of the business services provider’s stock valued at $375,433,000 after acquiring an additional 360,419 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Verisk Analytics by 70.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 552,736 shares of the business services provider’s stock worth $172,177,000 after purchasing an additional 227,738 shares during the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of Verisk Analytics by 27.6% during the 2nd quarter. Mackenzie Financial Corp now owns 806,170 shares of the business services provider’s stock worth $251,122,000 after purchasing an additional 174,577 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
VRSK has been the topic of several research analyst reports. Wells Fargo & Company dropped their price objective on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Rothschild Redb lowered Verisk Analytics from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. Morgan Stanley cut their price target on Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Argus lowered Verisk Analytics from a “buy” rating to a “hold” rating in a report on Friday, November 14th. Finally, JPMorgan Chase & Co. lowered their price objective on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $278.64.
Insider Transactions at Verisk Analytics
In other news, Director Sabra R. Purtill bought 450 shares of the stock in a transaction on Friday, October 31st. The shares were acquired at an average cost of $217.95 per share, for a total transaction of $98,077.50. Following the purchase, the director directly owned 1,327 shares of the company’s stock, valued at $289,219.65. This trade represents a 51.31% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total transaction of $65,862.00. Following the completion of the transaction, the chief financial officer directly owned 14,265 shares of the company’s stock, valued at approximately $3,131,738.10. The trade was a 2.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders bought 1,450 shares of company stock valued at $314,663 and sold 1,700 shares valued at $369,648. Corporate insiders own 0.46% of the company’s stock.
Verisk Analytics Price Performance
Shares of NASDAQ VRSK opened at $219.74 on Tuesday. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19. Verisk Analytics, Inc. has a fifty-two week low of $196.99 and a fifty-two week high of $322.92. The stock has a market cap of $30.63 billion, a PE ratio of 33.50, a price-to-earnings-growth ratio of 3.10 and a beta of 0.81. The stock has a fifty day moving average of $220.97 and a 200-day moving average of $243.41.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last issued its earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, topping the consensus estimate of $1.70 by $0.02. The business had revenue of $768.30 million during the quarter, compared to the consensus estimate of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The firm’s revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities research analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.
Verisk Analytics Company Profile
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
See Also
- Five stocks we like better than Verisk Analytics
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- If You Keep Cash In A U.S. Bank Account… Read This NOW
- Executive Order 14330: Trump’s Biggest Yet
Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report).
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.
