Verisk Analytics, Inc. $VRSK Shares Purchased by USA Financial Formulas

USA Financial Formulas lifted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 101.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,493 shares of the business services provider’s stock after acquiring an additional 4,772 shares during the period. Verisk Analytics accounts for 0.5% of USA Financial Formulas’ holdings, making the stock its 22nd largest position. USA Financial Formulas’ holdings in Verisk Analytics were worth $2,957,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VRSK. Nuveen LLC acquired a new stake in shares of Verisk Analytics in the first quarter worth approximately $508,611,000. Ameriprise Financial Inc. boosted its stake in shares of 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 worth $422,676,000 after acquiring an additional 1,221,798 shares during the last quarter. Invesco Ltd. boosted its stake 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 buying an additional 596,225 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted 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 buying an additional 434,053 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Verisk Analytics by 52.7% during the first quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider’s stock worth $339,586,000 after buying an additional 393,668 shares during the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

NASDAQ:VRSK opened at $249.55 on Thursday. Verisk Analytics, Inc. has a 52 week low of $239.83 and a 52 week high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. The company has a market capitalization of $34.86 billion, a P/E ratio of 38.45, a P/E/G ratio of 3.57 and a beta of 0.86. The stock’s fifty day moving average is $264.83 and its two-hundred day moving average is $288.70.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The company had revenue of $772.60 million for the quarter, compared to the consensus estimate of $767.91 million. During the same quarter in the previous year, the business earned $1.74 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s payout ratio is currently 27.73%.

Analysts Set New Price Targets

A number of research firms have weighed in on VRSK. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the stock an “outperform” rating in a research note on Monday, August 4th. Wolfe Research began coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price objective on the stock. Wells Fargo & Company lowered their price objective on Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 17th. UBS Group lowered their price objective on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Finally, Morgan Stanley boosted their price objective on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $311.00.

Insider Transactions at Verisk Analytics

In other news, Director Christopher John Perry acquired 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average price of $259.80 per share, for a total transaction of $259,800.00. Following the acquisition, the director owned 1,773 shares of the company’s stock, valued at $460,625.40. This represents a 129.37% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Nicholas Daffan sold 5,420 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total value of $1,436,300.00. Following the completion of the sale, the insider owned 54,337 shares in the company, valued at $14,399,305. This represents a 9.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,520 shares of company stock worth $2,273,891 over the last quarter. 0.46% of the stock is owned by corporate insiders.

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.