BidaskClub upgraded shares of Verisk Analytics (NASDAQ:VRSK) from a hold rating to a buy rating in a research report sent to investors on Tuesday, January 23rd.
Several other analysts have also issued reports on the stock. Cantor Fitzgerald reiterated a buy rating and issued a $108.00 target price on shares of Verisk Analytics in a research note on Friday, December 8th. Goldman Sachs Group assumed coverage on shares of Verisk Analytics in a research report on Wednesday, November 8th. They set a neutral rating and a $89.00 price target for the company. Zacks Investment Research lowered shares of Verisk Analytics from a buy rating to a hold rating in a research report on Saturday, January 13th. Keefe, Bruyette & Woods reiterated a buy rating and set a $106.00 target price on shares of Verisk Analytics in a research report on Friday, December 22nd. Finally, Royal Bank of Canada reiterated a hold rating and set a $90.00 target price on shares of Verisk Analytics in a research report on Sunday, December 10th. 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 stock. The stock presently has an average rating of Hold and a consensus price target of $94.50.
Verisk Analytics (NASDAQ:VRSK) traded up $1.75 on Tuesday, reaching $96.63. 916,033 shares of the company’s stock traded hands, compared to its average volume of 918,430. 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 has a 1 year low of $75.60 and a 1 year high of $100.54. The firm has a market capitalization of $15,530.45, a P/E ratio of 35.53, a price-to-earnings-growth ratio of 2.41 and a beta of 0.76.
In other news, CFO Lee Shavel bought 388 shares of the business’s stock in a transaction dated Wednesday, January 10th. The shares were purchased at an average price of $96.61 per share, for a total transaction of $37,484.68. Following the completion of the acquisition, the chief financial officer now owns 22,729 shares of the company’s stock, valued at $2,195,848.69. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction that occurred 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 quarter, insiders have acquired 1,177 shares of company stock worth $112,591 and have sold 31,526 shares worth $2,987,428. 3.41% of the stock is owned by company insiders.
Several institutional investors have recently modified their holdings of the company. Dupont Capital Management Corp bought a new stake in Verisk Analytics in the fourth quarter valued at $112,000. Fusion Family Wealth LLC purchased a new position in Verisk Analytics during the fourth quarter valued at $116,000. Virtue Capital Management LLC purchased a new position in Verisk Analytics during the fourth quarter valued at $121,000. Advisory Services Network LLC lifted its position in Verisk Analytics by 300.5% during the second quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after buying an additional 1,268 shares during the period. Finally, Perigon Wealth Management LLC lifted its position in Verisk Analytics by 61.2% during the second quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock valued at $149,000 after buying an additional 669 shares during the period. Hedge funds and other institutional investors own 92.91% of the company’s stock.
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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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