Verisk Analytics (NASDAQ:VRSK) Director Jeffrey Dailey Purchases 500 Shares

Verisk Analytics, Inc. (NASDAQ:VRSKGet Free Report) Director Jeffrey Dailey purchased 500 shares of Verisk Analytics stock in a transaction that occurred on Friday, October 31st. The shares were bought at an average price of $217.03 per share, for a total transaction of $108,515.00. Following the completion of the transaction, the director owned 3,962 shares in the company, valued at $859,872.86. The trade was a 14.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Verisk Analytics Trading Down 1.5%

VRSK traded down $3.36 on Monday, hitting $215.40. 2,109,031 shares of the company were exchanged, compared to its average volume of 1,017,846. The firm has a fifty day simple moving average of $248.48 and a two-hundred day simple moving average of $280.29. 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, Inc. has a 12 month low of $196.99 and a 12 month high of $322.92. The stock has a market capitalization of $30.02 billion, a PE ratio of 32.84, a price-to-earnings-growth ratio of 2.75 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The business had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. During the same period last year, the company earned $1.67 EPS. Verisk Analytics’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. Sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, December 15th. Verisk Analytics’s dividend payout ratio (DPR) is currently 27.44%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VRSK. Voya Investment Management LLC boosted its holdings in Verisk Analytics by 24.1% in the first quarter. Voya Investment Management LLC now owns 303,480 shares of the business services provider’s stock worth $90,076,000 after acquiring an additional 58,954 shares in the last quarter. Insight Wealth Strategies LLC bought a new stake in Verisk Analytics in the second quarter worth $3,860,000. Dakota Wealth Management boosted its holdings in Verisk Analytics by 24.0% in the second quarter. Dakota Wealth Management now owns 21,745 shares of the business services provider’s stock worth $6,774,000 after acquiring an additional 4,206 shares in the last quarter. Swedbank AB boosted its holdings in Verisk Analytics by 1.8% in the first quarter. Swedbank AB now owns 108,792 shares of the business services provider’s stock worth $32,379,000 after acquiring an additional 1,903 shares in the last quarter. Finally, United Services Automobile Association bought a new stake in Verisk Analytics in the first quarter worth $1,006,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analyst Upgrades and Downgrades

VRSK has been the topic of a number of recent analyst reports. Morgan Stanley lifted their price objective on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. cut their price objective on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and cut their price objective for the stock from $310.00 to $275.00 in a research report on Thursday. Finally, Rothschild Redb lowered Verisk Analytics from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $282.14.

View Our Latest Stock Analysis on VRSK

Verisk Analytics Company Profile

(Get Free Report)

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.

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