Verisk Analytics (NASDAQ:VRSK) CEO Lee Shavel Sells 1,100 Shares

Verisk Analytics, Inc. (NASDAQ:VRSK) CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.99, for a total value of $238,689.00. Following the completion of the transaction, the chief executive officer directly owned 77,807 shares of the company’s stock, valued at $16,883,340.93. This trade represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Verisk Analytics Stock Up 1.8%

VRSK stock opened at $222.96 on Wednesday. The stock has a market cap of $31.07 billion, a P/E ratio of 33.99, a PEG ratio of 2.75 and a beta of 0.84. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55. Verisk Analytics, Inc. has a twelve month low of $196.99 and a twelve month high of $322.92. The company’s 50 day moving average is $235.93 and its two-hundred day moving average is $273.96.

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

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. Verisk Analytics’s dividend payout ratio (DPR) is presently 27.44%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on VRSK shares. Weiss Ratings reissued a “hold (c)” rating on shares of Verisk Analytics in a report on Thursday, November 13th. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Evercore ISI lowered their target price on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a research report on Thursday, October 30th. UBS Group cut their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. Finally, Royal Bank Of Canada decreased their price target on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Verisk Analytics has an average rating of “Hold” and a consensus price target of $282.14.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of VRSK. UMB Bank n.a. raised its stake in Verisk Analytics by 0.4% during the second quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock worth $2,809,000 after acquiring an additional 35 shares during the period. NBT Bank N A NY boosted its stake in Verisk Analytics by 11.4% in the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock valued at $106,000 after acquiring an additional 35 shares during the period. Tranquility Partners LLC grew its holdings in shares of Verisk Analytics by 1.1% during the second quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock valued at $1,006,000 after purchasing an additional 35 shares during the last quarter. Frank Rimerman Advisors LLC raised its position in shares of Verisk Analytics by 3.3% during the 1st quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock worth $350,000 after purchasing an additional 38 shares during the period. Finally, EWA LLC raised its position in shares of Verisk Analytics by 3.6% during the 2nd quarter. EWA LLC now owns 1,105 shares of the business services provider’s stock worth $344,000 after purchasing an additional 38 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

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.