Virtue Capital Management LLC Sells 268 Shares of Verisk Analytics, Inc. $VRSK

Virtue Capital Management LLC reduced its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 26.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 748 shares of the business services provider’s stock after selling 268 shares during the quarter. Virtue Capital Management LLC’s holdings in Verisk Analytics were worth $233,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in VRSK. AlphaCore Capital LLC bought a new position in Verisk Analytics during the second quarter worth $27,000. Spurstone Advisory Services LLC acquired a new position in Verisk Analytics in the 2nd quarter valued at about $29,000. NewSquare Capital LLC raised its holdings in Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 40 shares during the period. Hantz Financial Services Inc. lifted its position in Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after acquiring an additional 42 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Verisk Analytics during the second quarter worth approximately $34,000. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

NASDAQ:VRSK opened at $225.07 on Friday. Verisk Analytics, Inc. has a twelve month low of $196.99 and a twelve month high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. The stock’s 50-day simple moving average is $230.91 and its 200 day simple moving average is $269.68. The firm has a market capitalization of $31.37 billion, a PE ratio of 34.31, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS 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 firm 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 earned $1.67 earnings per share. 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. On average, analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

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

Insider Activity at Verisk Analytics

In other news, Director Sabra R. Purtill purchased 450 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was bought at an average cost of $217.95 per share, for a total transaction of $98,077.50. Following the purchase, the director owned 1,327 shares of the company’s stock, valued at approximately $289,219.65. The trade was a 51.31% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gregory Hendrick bought 500 shares of the stock in a transaction on Friday, October 31st. The stock was purchased at an average cost of $216.14 per share, with a total value of $108,070.00. Following the acquisition, the director owned 2,536 shares in the company, valued at approximately $548,131.04. This represents a 24.56% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders acquired 1,450 shares of company stock valued at $314,663 and sold 7,420 shares valued at $1,889,171. 0.46% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

VRSK has been the topic of several recent research reports. Argus cut Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday, November 14th. Seaport Res Ptn upgraded shares of Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Rothschild & Co Redburn reiterated a “sell” rating and issued a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Barclays raised shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and cut their price objective for the company from $310.00 to $275.00 in a report on Thursday, October 30th. Finally, The Goldman Sachs Group dropped their price target on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $282.14.

Verisk Analytics 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.