Sandy Spring Bank cut its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 33.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,800 shares of the business services provider’s stock after selling 1,875 shares during the period. Sandy Spring Bank’s holdings in Verisk Analytics were worth $365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently modified their holdings of VRSK. Thrivent Financial For Lutherans grew its stake in Verisk Analytics by 2.3% during the 2nd quarter. Thrivent Financial For Lutherans now owns 5,810 shares of the business services provider’s stock worth $490,000 after purchasing an additional 130 shares in the last quarter. Citigroup Inc. boosted its position in shares of Verisk Analytics by 60.1% in the 2nd quarter. Citigroup Inc. now owns 6,315 shares of the business services provider’s stock valued at $533,000 after purchasing an additional 2,370 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Verisk Analytics by 4.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 559,629 shares of the business services provider’s stock valued at $47,214,000 after purchasing an additional 24,249 shares during the period. HighTower Advisors LLC raised its stake in Verisk Analytics by 2.7% during the 2nd quarter. HighTower Advisors LLC now owns 3,914 shares of the business services provider’s stock valued at $326,000 after acquiring an additional 104 shares during the last quarter. Finally, AHL Partners LLP raised its stake in Verisk Analytics by 52.8% during the 2nd quarter. AHL Partners LLP now owns 15,585 shares of the business services provider’s stock valued at $1,314,000 after acquiring an additional 5,385 shares during the last quarter. 92.91% of the stock is currently owned by hedge funds and other institutional investors.
Verisk Analytics, Inc. (NASDAQ:VRSK) traded up $0.58 during midday trading on Wednesday, reaching $94.88. 800,100 shares of the company’s stock traded hands, compared to its average volume of 897,340. Verisk Analytics, Inc. has a 12-month low of $75.60 and a 12-month high of $100.54. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45. The stock has a market cap of $15,530.45, a PE ratio of 29.47, a price-to-earnings-growth ratio of 2.41 and a beta of 0.76.
VRSK has been the subject of a number of analyst reports. Cantor Fitzgerald reissued a “buy” rating and set a $108.00 target price on shares of Verisk Analytics in a research note on Friday, December 8th. Keefe, Bruyette & Woods set a $101.00 target price on Verisk Analytics and gave the company a “buy” rating in a report on Friday, December 1st. Robert W. Baird restated a “buy” rating on shares of Verisk Analytics in a report on Wednesday, November 1st. BidaskClub cut Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 4th. Finally, Zacks Investment Research raised Verisk Analytics from a “hold” rating to a “buy” rating and set a $107.00 target price on the stock in a research report on Saturday, January 6th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $94.50.
In other news, CFO Lee Shavel bought 399 shares of the business’s stock in a transaction on Monday, February 12th. The stock was purchased at an average price of $94.05 per share, with a total value of $37,525.95. Following the transaction, the chief financial officer now directly owns 23,128 shares in the company, valued at $2,175,188.40. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $92.72, for a total transaction of $278,160.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have bought 1,177 shares of company stock worth $112,591 and have sold 31,526 shares worth $2,987,428. Insiders own 3.41% of the company’s stock.
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Verisk Analytics Company Profile
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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