Verisk Analytics (NASDAQ:VRSK) EVP Kenneth E. Thompson sold 104,431 shares of the company’s stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $105.07, for a total value of $10,972,565.17. Following the completion of the sale, the executive vice president now directly owns 141,973 shares in the company, valued at approximately $14,917,103.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of NASDAQ VRSK traded down $1.32 during mid-day trading on Friday, reaching $104.13. The company had a trading volume of 1,254,912 shares, compared to its average volume of 747,553. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $17,413.69, a price-to-earnings ratio of 32.85, a PEG ratio of 2.42 and a beta of 0.67. Verisk Analytics has a 1-year low of $75.60 and a 1-year high of $106.07.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.56. Verisk Analytics had a return on equity of 33.58% and a net margin of 25.88%. The business had revenue of $570.30 million for the quarter, compared to the consensus estimate of $557.09 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. Verisk Analytics’s revenue for the quarter was up 12.7% compared to the same quarter last year. analysts anticipate that Verisk Analytics will post 3.97 earnings per share for the current year.
A number of equities analysts have recently commented on VRSK shares. BidaskClub upgraded Verisk Analytics from a “hold” rating to a “buy” rating in a report on Tuesday, January 23rd. 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 report on Saturday, January 6th. Keefe, Bruyette & Woods restated a “buy” rating and set a $106.00 price objective on shares of Verisk Analytics in a research note on Friday, December 22nd. Cantor Fitzgerald restated a “buy” rating and set a $108.00 price objective on shares of Verisk Analytics in a research note on Friday, December 8th. Finally, ValuEngine upgraded Verisk Analytics from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $103.07.
Hedge funds and other institutional investors have recently modified their holdings of the business. Dupont Capital Management Corp acquired a new stake in shares of Verisk Analytics in the fourth quarter worth about $112,000. Fusion Family Wealth LLC acquired a new position in shares of Verisk Analytics during the 4th quarter worth about $116,000. Virtue Capital Management LLC acquired a new position in shares of Verisk Analytics during the 4th quarter worth about $121,000. Bank of Nova Scotia Trust Co. acquired a new position in shares of Verisk Analytics during the 3rd quarter worth about $164,000. Finally, Calton & Associates Inc. acquired a new position in Verisk Analytics in the 4th quarter valued at approximately $183,000. Hedge funds and other institutional investors own 92.45% of the company’s stock.
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Verisk Analytics Company Profile
Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.
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