Verisk Analytics, Inc. (NASDAQ:VRSK) Director Christopher M. Foskett sold 5,500 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $91.02, for a total transaction of $500,610.00. Following the completion of the sale, the director now directly owns 15,489 shares of the company’s stock, valued at $1,409,808.78. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Verisk Analytics, Inc. (VRSK) opened at $92.53 on Tuesday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $92.92. The stock has a market cap of $15,128.60, a P/E ratio of 28.71, a price-to-earnings-growth ratio of 3.26 and a beta of 0.76.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.06. The business had revenue of $549.10 million for the quarter, compared to analyst estimates of $527.97 million. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. Verisk Analytics’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.84 EPS. equities research analysts expect that Verisk Analytics, Inc. will post 3.17 earnings per share for the current fiscal year.
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Several brokerages have recently weighed in on VRSK. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $92.00 price target on shares of Verisk Analytics in a research report on Wednesday, November 1st. Robert W. Baird reaffirmed a “buy” rating on shares of Verisk Analytics in a research report on Wednesday, November 1st. Morgan Stanley upped their price target on shares of Verisk Analytics from $82.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd. BMO Capital Markets boosted their price objective on shares of Verisk Analytics from $83.00 to $91.00 and gave the stock a “market perform” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research lowered shares of Verisk Analytics from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $88.29.
Several hedge funds have recently added to or reduced their stakes in VRSK. OppenheimerFunds Inc. boosted its holdings in shares of Verisk Analytics by 7.9% in the 1st quarter. OppenheimerFunds Inc. now owns 3,044 shares of the business services provider’s stock valued at $247,000 after acquiring an additional 222 shares during the last quarter. Thrivent Financial For Lutherans boosted its holdings in shares of Verisk Analytics by 5.0% in the 1st quarter. Thrivent Financial For Lutherans now owns 5,680 shares of the business services provider’s stock valued at $461,000 after acquiring an additional 270 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Verisk Analytics by 4.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 535,380 shares of the business services provider’s stock valued at $43,439,000 after acquiring an additional 24,710 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Verisk Analytics in the 1st quarter valued at $361,000. Finally, Xact Kapitalforvaltning AB boosted its holdings in shares of Verisk Analytics by 1.7% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 19,126 shares of the business services provider’s stock valued at $1,614,000 after acquiring an additional 311 shares during the last quarter. 93.70% of the stock is currently owned by institutional investors and hedge funds.
About Verisk Analytics
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.
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