Verisk Analytics (NASDAQ:VRSK) had its price target hoisted by analysts at JPMorgan Chase & Co. from $90.00 to $100.00 in a report issued on Thursday. The firm currently has a “neutral” rating on the business services provider’s stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 3.49% from the stock’s current price.
VRSK has been the topic of several other research reports. Cantor Fitzgerald restated a “buy” rating and issued a $108.00 target price on shares of Verisk Analytics in a research report on Friday, December 8th. Zacks Investment Research upgraded 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. BidaskClub downgraded Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 4th. Barclays raised their target price on Verisk Analytics from $86.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, November 2nd. Finally, Royal Bank of Canada restated a “hold” rating and issued a $90.00 target price on shares of Verisk Analytics in a research report on Sunday, December 10th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. Verisk Analytics currently has an average rating of “Hold” and a consensus price target of $96.29.
Verisk Analytics (VRSK) traded up $1.75 during midday trading on Thursday, hitting $96.63. The stock had a trading volume of 916,000 shares, compared to its average volume of 890,619. The stock has a market capitalization of $15,625.97, a P/E ratio of 35.53, a PEG ratio of 2.43 and a beta of 0.76. Verisk Analytics has a 1-year low of $75.60 and a 1-year 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.
In related news, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $96.38, for a total transaction of $289,140.00. Following the transaction, the director now owns 96,525 shares in the company, valued at $9,303,079.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Lee Shavel acquired 390 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, December 20th. The shares were bought at an average price of $96.36 per share, for a total transaction of $37,580.40. Following the transaction, the chief financial officer now owns 22,341 shares of the company’s stock, valued at approximately $2,152,778.76. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 1,177 shares of company stock worth $112,591 and have sold 31,526 shares worth $2,987,428. Company insiders own 3.41% of the company’s stock.
A number of institutional investors have recently made changes to their positions in VRSK. Dupont Capital Management Corp purchased a new position in Verisk Analytics during the fourth quarter worth approximately $112,000. Fusion Family Wealth LLC purchased a new position in Verisk Analytics during the fourth quarter worth approximately $116,000. Virtue Capital Management LLC purchased a new position in Verisk Analytics during the fourth quarter worth approximately $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 worth $143,000 after buying an additional 1,268 shares in the last quarter. Finally, Perigon Wealth Management LLC raised its position in Verisk Analytics by 61.2% in the second quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock valued at $149,000 after purchasing 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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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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