Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Verisk Analytics (VRSK) Share Price
Media stories about Verisk Analytics (NASDAQ:VRSK) have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Verisk Analytics earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 46.4055716651572 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Higher Analytics Revenues to Drive Verisk (VRSK) Q4 Earnings (zacks.com)
- Geomni Launches New Mobile App for Ground Imagery and Drone Inspections (finance.yahoo.com)
- Verisk Remains Poised for Growth Despite Inherent Risks (zacks.com)
- Verisk Analytics, Inc. (VRSK) CFO Lee Shavel Purchases 399 Shares (americanbankingnews.com)
- Verisk Analytics (VRSK) to Release Earnings on Monday (americanbankingnews.com)
Several analysts have recently commented on the company. Morgan Stanley raised their price target on Verisk Analytics from $91.00 to $106.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. BidaskClub raised Verisk Analytics from a “hold” rating to a “buy” rating in a report on Tuesday, January 23rd. Royal Bank of Canada raised their price target on Verisk Analytics to $100.00 and gave the company a “sector perform” rating in a report on Friday, January 19th. They noted that the move was a valuation call. Zacks Investment Research cut Verisk Analytics from a “buy” rating to a “hold” rating in a report on Saturday, January 13th. Finally, JPMorgan Chase & Co. raised their price target on Verisk Analytics from $90.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $96.85.
In other news, CFO Lee Shavel acquired 390 shares of the company’s stock in a transaction that occurred on Wednesday, December 20th. The stock was purchased at an average cost of $96.36 per share, with a total value of $37,580.40. Following the purchase, the chief financial officer now directly owns 22,341 shares of the company’s stock, valued at approximately $2,152,778.76. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David B. Wright sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $94.60, for a total value of $1,419,000.00. Following the completion of the transaction, the director now directly owns 8,951 shares of the company’s stock, valued at $846,764.60. The disclosure for this sale can be found here. Over the last ninety days, insiders purchased 1,177 shares of company stock valued at $112,591 and sold 31,526 shares valued at $2,987,428. Company insiders own 3.41% of the company’s stock.
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Verisk Analytics Company Profile
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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