Riverhead Capital Management LLC cut its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,851 shares of the business services provider’s stock after selling 271 shares during the period. Riverhead Capital Management LLC’s holdings in Verisk Analytics were worth $493,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Integrated Investment Consultants LLC boosted its holdings in Verisk Analytics by 45.8% in the second quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock worth $112,000 after purchasing an additional 418 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in Verisk Analytics by 40.3% in the second quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock worth $112,000 after purchasing an additional 380 shares in the last quarter. Huntington National Bank boosted its holdings in Verisk Analytics by 29.6% in the second quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock worth $131,000 after purchasing an additional 354 shares in the last quarter. Paradigm Asset Management Co. LLC boosted its holdings in Verisk Analytics by 5.4% in the second quarter. Paradigm Asset Management Co. LLC now owns 1,950 shares of the business services provider’s stock worth $165,000 after purchasing an additional 100 shares in the last quarter. Finally, Ledyard National Bank boosted its holdings in Verisk Analytics by 12.9% in the second quarter. Ledyard National Bank now owns 2,355 shares of the business services provider’s stock worth $199,000 after purchasing an additional 270 shares in the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

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In related news, Director David B. Wright sold 10,000 shares of Verisk Analytics stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total transaction of $808,200.00. Following the completion of the sale, the director now owns 13,951 shares of the company’s stock, valued at approximately $1,127,519.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Christopher M. Foskett sold 1,304 shares of Verisk Analytics 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 sale, the director now directly owns 9,989 shares of the company’s stock, valued at approximately $823,692.94. The disclosure for this sale can be found here. Insiders have sold a total of 14,304 shares of company stock valued at $1,163,228 in the last ninety days. 3.41% of the stock is currently owned by insiders.

Shares of Verisk Analytics, Inc. (NASDAQ VRSK) opened at 81.95 on Friday. Verisk Analytics, Inc. has a 1-year low of $75.60 and a 1-year high of $88.17. The company has a market cap of $13.49 billion, a PE ratio of 29.79 and a beta of 0.68. The company has a 50 day moving average of $81.49 and a 200 day moving average of $81.67.

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

A number of equities research analysts recently issued reports on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $82.00 price objective (down from $83.00) on shares of Verisk Analytics in a report on Tuesday, July 18th. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. BMO Capital Markets upped their price target on shares of Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a report on Friday, July 14th. UBS AG restated a “sell” rating and set a $75.00 price target (up from $71.00) on shares of Verisk Analytics in a report on Friday, July 14th. Finally, Credit Suisse Group restated a “neutral” rating and set a $85.00 price target (up from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. Verisk Analytics currently has a consensus rating of “Hold” and a consensus price target of $85.38.

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.

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

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