Stonehage Fleming Financial Services Holdings Ltd lifted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 1.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 643,428 shares of the business services provider’s stock after purchasing an additional 9,366 shares during the quarter. Verisk Analytics comprises 4.6% of Stonehage Fleming Financial Services Holdings Ltd’s investment portfolio, making the stock its 11th biggest holding. Stonehage Fleming Financial Services Holdings Ltd owned about 0.46% of Verisk Analytics worth $161,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently made changes to their positions in the company. AlphaCore Capital LLC bought a new position in Verisk Analytics in the 2nd quarter valued at about $27,000. Osterweis Capital Management Inc. purchased a new stake in shares of Verisk Analytics in the second quarter worth approximately $28,000. Spurstone Advisory Services LLC purchased a new stake in shares of Verisk Analytics in the second quarter worth approximately $29,000. NewSquare Capital LLC lifted its holdings in shares of Verisk Analytics by 69.0% in the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 40 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its position in shares of Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after buying an additional 42 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.
Verisk Analytics Price Performance
Shares of NASDAQ:VRSK opened at $216.28 on Wednesday. The company has a market capitalization of $30.14 billion, a P/E ratio of 32.97, a price-to-earnings-growth ratio of 3.13 and a beta of 0.81. The company’s 50-day moving average is $220.84 and its 200 day moving average is $242.81. 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.
Insider Buying and Selling
In other news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $219.54, for a total value 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 $3,131,738.10. This trade represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sabra R. Purtill purchased 450 shares of the business’s stock in a transaction on Friday, October 31st. The stock was purchased at an average cost of $217.95 per share, with a total value of $98,077.50. Following the completion of the acquisition, the director owned 1,327 shares in the company, valued at approximately $289,219.65. This trade represents a 51.31% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders purchased 1,450 shares of company stock worth $314,663 and sold 1,700 shares worth $369,648. Corporate insiders own 0.46% of the company’s stock.
Wall Street Analyst Weigh In
VRSK has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Rothschild & Co Redburn reiterated a “sell” rating and issued a $220.00 target price (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Evercore ISI lowered their target price on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a report on Thursday, October 30th. Wells Fargo & Company cut their price target on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, Argus downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday, November 14th. Seven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $278.64.
Check Out Our Latest Research Report on VRSK
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.
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