Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CEO Lee Shavel sold 3,535 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $193.43, for a total value of $683,775.05. Following the transaction, the chief executive officer directly owned 98,490 shares in the company, valued at approximately $19,050,920.70. The trade was a 3.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Lee Shavel also recently made the following trade(s):
- On Monday, August 3rd, Lee Shavel sold 3,535 shares of Verisk Analytics stock. The shares were sold at an average price of $196.94, for a total value of $696,182.90.
- On Wednesday, July 29th, Lee Shavel sold 2,500 shares of Verisk Analytics stock. The shares were sold at an average price of $220.00, for a total transaction of $550,000.00.
Verisk Analytics Price Performance
Shares of NASDAQ:VRSK opened at $190.60 on Friday. The stock has a market capitalization of $24.81 billion, a price-to-earnings ratio of 29.28, a PEG ratio of 2.14 and a beta of 0.66. Verisk Analytics, Inc. has a one year low of $155.94 and a one year high of $273.83. The company has a 50-day simple moving average of $190.62 and a 200-day simple moving average of $185.88. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.01 and a current ratio of 1.01.
Verisk Analytics Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.00 dividend on an annualized basis and a yield of 1.0%. Verisk Analytics’s dividend payout ratio (DPR) is 30.72%.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the stock. Robert W. Baird set a $247.00 target price on shares of Verisk Analytics in a research report on Thursday, July 30th. Bank of America cut their price target on shares of Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. BMO Capital Markets reissued an “outperform” rating on shares of Verisk Analytics in a report on Thursday, July 30th. Rothschild & Co Redburn set a $185.00 price objective on shares of Verisk Analytics and gave the stock a “neutral” rating in a report on Thursday, June 18th. Finally, UBS Group upped their target price on shares of Verisk Analytics from $220.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $230.29.
Read Our Latest Research Report on Verisk Analytics
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. acquired a new stake in shares of Verisk Analytics during the 4th quarter worth about $27,000. Osterweis Capital Management Inc. acquired a new position in shares of Verisk Analytics in the second quarter valued at approximately $28,000. Reflection Asset Management purchased a new position in shares of Verisk Analytics during the fourth quarter valued at approximately $30,000. Elyxium Wealth LLC acquired a new stake in Verisk Analytics during the fourth quarter worth approximately $31,000. Finally, MCF Advisors LLC boosted its position in Verisk Analytics by 141.7% during the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock worth $32,000 after acquiring an additional 85 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.
About Verisk Analytics
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.
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