Verisk Analytics, Inc. (VRSK) Director Sells $386,460.00 in Stock
Verisk Analytics, Inc. (NASDAQ:VRSK) Director Andrew G. Mills sold 3,000 shares of the company’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $128.82, for a total value of $386,460.00. Following the completion of the transaction, the director now owns 66,605 shares of the company’s stock, valued at $8,580,056.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of NASDAQ VRSK traded up $0.18 on Tuesday, hitting $128.87. The company had a trading volume of 852,472 shares, compared to its average volume of 711,367. Verisk Analytics, Inc. has a 12-month low of $95.21 and a 12-month high of $129.34. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.49 and a quick ratio of 0.49. The company has a market capitalization of $21.00 billion, a price-to-earnings ratio of 31.36, a PEG ratio of 2.82 and a beta of 0.78.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, February 19th. The business services provider reported $1.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.07 by ($0.03). Verisk Analytics had a return on equity of 32.77% and a net margin of 25.00%. The company had revenue of $613.90 million during the quarter, compared to analysts’ expectations of $613.07 million. During the same period in the previous year, the company earned $0.81 EPS. Verisk Analytics’s quarterly revenue was up 7.6% on a year-over-year basis. Research analysts expect that Verisk Analytics, Inc. will post 4.46 EPS for the current fiscal year.
Several research firms recently commented on VRSK. Robert W. Baird set a $137.00 target price on Verisk Analytics and gave the company an “outperform” rating in a research note on Wednesday, February 20th. Zacks Investment Research raised Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Friday, February 22nd. UBS Group boosted their price target on Verisk Analytics from $100.00 to $106.00 and gave the company a “sell” rating in a research report on Tuesday, March 12th. Credit Suisse Group reissued a “neutral” rating and set a $125.00 price target on shares of Verisk Analytics in a research report on Friday, December 7th. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $135.00 price target on shares of Verisk Analytics in a research report on Thursday, December 6th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $118.70.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Verisk Analytics by 2.2% in the third quarter. Vanguard Group Inc. now owns 16,255,397 shares of the business services provider’s stock valued at $1,959,589,000 after purchasing an additional 345,631 shares during the last quarter. Vanguard Group Inc boosted its holdings in Verisk Analytics by 2.2% in the third quarter. Vanguard Group Inc now owns 16,255,397 shares of the business services provider’s stock valued at $1,959,589,000 after purchasing an additional 345,631 shares during the last quarter. BlackRock Inc. boosted its holdings in Verisk Analytics by 2.5% in the fourth quarter. BlackRock Inc. now owns 11,426,119 shares of the business services provider’s stock valued at $1,245,902,000 after purchasing an additional 275,650 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in Verisk Analytics by 4.5% in the third quarter. Janus Henderson Group PLC now owns 5,222,219 shares of the business services provider’s stock valued at $629,539,000 after purchasing an additional 223,424 shares during the last quarter. Finally, Parnassus Investments CA boosted its holdings in Verisk Analytics by 0.8% in the fourth quarter. Parnassus Investments CA now owns 4,790,599 shares of the business services provider’s stock valued at $522,367,000 after purchasing an additional 36,955 shares during the last quarter. 91.84% of the stock is owned by hedge funds and other institutional investors.
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About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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