Verisk Analytics, Inc. $VRSK Shares Bought by Profund Advisors LLC

Profund Advisors LLC grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 14.9% in the second quarter, Holdings Channel.com reports. The fund owned 12,156 shares of the business services provider’s stock after purchasing an additional 1,574 shares during the period. Profund Advisors LLC’s holdings in Verisk Analytics were worth $3,787,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Nuveen LLC purchased a new position in Verisk Analytics during the 1st quarter valued at about $508,611,000. Ameriprise Financial Inc. grew its holdings in Verisk Analytics by 631.0% in the first quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider’s stock valued at $422,676,000 after purchasing an additional 1,221,798 shares during the period. Invesco Ltd. increased its position in Verisk Analytics by 36.0% during the first quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock worth $669,958,000 after purchasing an additional 596,225 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Verisk Analytics by 35.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider’s stock worth $492,182,000 after purchasing an additional 434,053 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Verisk Analytics by 52.7% in the 1st quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider’s stock valued at $339,586,000 after purchasing an additional 393,668 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Transactions at Verisk Analytics

In related news, Director Christopher John Perry acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average cost of $259.80 per share, with a total value of $259,800.00. Following the completion of the transaction, the director owned 1,773 shares of the company’s stock, valued at approximately $460,625.40. This trade represents a 129.37% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Gregory Hendrick acquired 500 shares of Verisk Analytics stock in a transaction that occurred on Friday, October 31st. The shares were purchased at an average cost of $216.14 per share, with a total value of $108,070.00. Following the transaction, the director owned 2,536 shares of the company’s stock, valued at approximately $548,131.04. The trade was a 24.56% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have acquired 2,450 shares of company stock worth $574,463 and have sold 8,520 shares worth $2,255,396. Company insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

VRSK has been the subject of several analyst reports. Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and decreased their target price for the company from $310.00 to $275.00 in a research note on Thursday, October 30th. Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Weiss Ratings downgraded Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 24th. UBS Group decreased their price target on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. Finally, Rothschild Redb lowered shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $282.14.

Verisk Analytics Trading Up 0.8%

Shares of VRSK stock opened at $214.66 on Monday. The firm has a market capitalization of $29.92 billion, a PE ratio of 32.72, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. The stock has a fifty day moving average of $243.27 and a two-hundred day moving average of $277.64. Verisk Analytics, Inc. has a 1 year low of $196.99 and a 1 year high of $322.92. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.53 and a current ratio of 1.19.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The company had revenue of $768.30 million during the quarter, compared to analyst estimates of $776.04 million. During the same period in the prior year, the business posted $1.67 EPS. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, research analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, December 15th. Verisk Analytics’s dividend payout ratio is 27.44%.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.