Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CFO Elizabeth Mann sold 400 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $184.91, for a total value of $73,964.00. Following the sale, the chief financial officer directly owned 17,984 shares in the company, valued at approximately $3,325,421.44. This represents a 2.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Elizabeth Mann also recently made the following trade(s):
- On Monday, August 17th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The stock was sold at an average price of $179.95, for a total transaction of $71,980.00.
Verisk Analytics Stock Performance
Shares of NASDAQ:VRSK traded up $1.67 on Wednesday, reaching $181.75. 1,286,063 shares of the company’s stock were exchanged, compared to its average volume of 1,988,671. The business’s 50-day moving average is $189.88 and its two-hundred day moving average is $185.65. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 10.42. Verisk Analytics, Inc. has a fifty-two week low of $155.94 and a fifty-two week high of $255.23. The firm has a market capitalization of $23.66 billion, a price-to-earnings ratio of 27.92, a PEG ratio of 2.13 and a beta of 0.66.
Verisk Analytics Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio is presently 30.72%.
Hedge Funds Weigh In On Verisk Analytics
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Raiffeisen Bank International AG raised its stake in Verisk Analytics by 19.1% during the 4th quarter. Raiffeisen Bank International AG now owns 255,194 shares of the business services provider’s stock valued at $57,255,000 after acquiring an additional 40,885 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Verisk Analytics by 22.1% in the fourth quarter. BNP Paribas Financial Markets now owns 233,328 shares of the business services provider’s stock worth $52,193,000 after purchasing an additional 42,295 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Verisk Analytics in the fourth quarter worth $3,569,000. Assenagon Asset Management S.A. increased its holdings in shares of Verisk Analytics by 880.1% during the second quarter. Assenagon Asset Management S.A. now owns 60,285 shares of the business services provider’s stock valued at $10,823,000 after purchasing an additional 54,134 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Verisk Analytics during the second quarter valued at $20,085,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms recently issued reports on VRSK. Robert W. Baird set a $247.00 price objective on Verisk Analytics in a research report on Thursday, July 30th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, July 30th. Weiss Ratings upgraded Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 25th. Wells Fargo & Company boosted their price target on shares of Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Finally, Barclays lowered their price target on shares of Verisk Analytics from $275.00 to $225.00 and set an “overweight” rating for the company in a research report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $226.71.
Check Out Our Latest Research Report on VRSK
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ:VRSK), commonly known as Verisk, is a data analytics and technology company that helps organizations manage risk and make informed decisions. The company primarily serves the insurance industry, providing data, predictive analytics, software and decision-support tools for property and casualty insurers, life insurers and other risk-focused businesses.
Verisk’s products and services support insurance underwriting, pricing, claims management, catastrophe modeling, fraud detection, actuarial analysis and regulatory compliance.
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