Key Points
- CEO Lee Shavel sold 3,535 Verisk Analytics shares at an average price of $170.70, generating $603,424.50. He retained 98,490 shares valued at approximately $16.8 million.
- Verisk shares opened at $163.88, down 2.7%, with a market capitalization of $21.33 billion. The company recently exceeded quarterly earnings and revenue expectations, reporting $1.98 EPS and $806.3 million in revenue.
- Analysts maintain a consensus “Moderate Buy” rating with a $226.71 target price, while Verisk pays a quarterly dividend of $0.50, equivalent to a 1.2% annual yield.
Verisk Analytics, Inc. (NASDAQ:VRSK - Get Free Report) CEO Lee Shavel sold 3,535 shares of the company's stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $170.70, for a total transaction of $603,424.50. Following the sale, the chief executive officer owned 98,490 shares of the company's stock, valued at $16,812,243. This represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Lee Shavel also recently made the following trade(s):
- On Tuesday, September 1st, Lee Shavel sold 3,535 shares of Verisk Analytics stock. The shares were sold at an average price of $193.43, for a total transaction of $683,775.05.
- On Monday, August 3rd, Lee Shavel sold 3,535 shares of Verisk Analytics stock. The shares were sold at an average price of $196.94, for a total transaction of $696,182.90.
- On Wednesday, July 29th, Lee Shavel sold 2,500 shares of Verisk Analytics stock. The shares were sold at an average price of $220.00, for a total transaction of $550,000.00.
Verisk Analytics Trading Down 2.7%
Verisk Analytics stock opened at $163.88 on Friday. The firm has a 50-day moving average of $183.81 and a 200-day moving average of $182.42. The firm has a market cap of $21.33 billion, a P/E ratio of 25.17, a P/E/G ratio of 1.92 and a beta of 0.69. Verisk Analytics, Inc. has a 1-year low of $155.94 and a 1-year high of $250.20.
Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted its earnings results on Wednesday, July 29th. The business services provider reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.05. Verisk Analytics had a negative return on equity of 239.55% and a net margin of 28.24%.The company had revenue of $806.30 million for the quarter, compared to analysts' expectations of $804.02 million. During the same period last year, the firm earned $1.88 earnings per share. Verisk Analytics's quarterly revenue was up 4.3% on a year-over-year basis. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Research analysts forecast that Verisk Analytics, Inc. will post 7.71 earnings per share for the current fiscal year.
Verisk Analytics Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, September 15th. Verisk Analytics's dividend payout ratio (DPR) is currently 30.72%.
Analyst Upgrades and Downgrades
VRSK has been the subject of a number of recent analyst reports. Evercore set a $223.00 target price on Verisk Analytics in a report on Thursday, July 30th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Verisk Analytics in a research note on Thursday, July 30th. Wells Fargo & Company lifted 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. Rothschild & Co Redburn set a $185.00 price objective on shares of Verisk Analytics and gave the company a "neutral" rating in a research report on Thursday, June 18th. Finally, Barclays decreased their price objective on shares of Verisk Analytics from $275.00 to $225.00 and set an "overweight" rating for the company in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $226.71.
Get Our Latest Research Report on VRSK
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in VRSK. CX Institutional raised its holdings in Verisk Analytics by 1,895.0% in the third quarter. CX Institutional now owns 40,019 shares of the business services provider's stock worth $6,717,000 after purchasing an additional 38,013 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Verisk Analytics by 47.8% during the 3rd quarter. Versant Capital Management Inc now owns 204 shares of the business services provider's stock valued at $34,000 after buying an additional 66 shares in the last quarter. Confluence Investment Management LLC bought a new stake in shares of Verisk Analytics during the 3rd quarter valued at $16,857,000. QRG Capital Management Inc. grew its position in shares of Verisk Analytics by 297.6% in the 2nd quarter. QRG Capital Management Inc. now owns 65,071 shares of the business services provider's stock worth $11,682,000 after buying an additional 48,707 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of Verisk Analytics by 4.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 53,997 shares of the business services provider's stock worth $9,694,000 after buying an additional 2,319 shares during the period. Hedge funds and other institutional investors own 90.00% of the company's stock.
Verisk Analytics Company Profile
(
Get Free Report)
Verisk Analytics, Inc is a data analytics and technology company that provides information, software and predictive insights primarily to the insurance industry. Its solutions help insurers assess risk, support underwriting, manage claims, detect fraud and improve pricing and operational decision-making across property and casualty, life and specialty insurance markets.
The company's offerings include industry data and standardized insurance information through its ISO business, catastrophe modeling and risk analytics through Extreme Event Solutions and AIR Worldwide, and property estimating and claims-management tools through Xactware.
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