Verisk Analytics, Inc. (NASDAQ:VRSK) CEO Scott G. Stephenson sold 5,144 shares of the company’s stock in a transaction on Friday, June 15th. The stock was sold at an average price of $109.83, for a total value of $564,965.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of Verisk Analytics traded down $0.30, hitting $109.60, on Monday, MarketBeat.com reports. 651,700 shares of the company’s stock traded hands, compared to its average volume of 916,755. The stock has a market capitalization of $18.16 billion, a price-to-earnings ratio of 34.18, a PEG ratio of 2.10 and a beta of 0.68. Verisk Analytics, Inc. has a one year low of $78.97 and a one year high of $110.32. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.45 and a current ratio of 0.45.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, May 1st. The business services provider reported $0.94 EPS for the quarter, meeting the consensus estimate of $0.94. The company had revenue of $581.00 million during the quarter, compared to analysts’ expectations of $565.41 million. Verisk Analytics had a net margin of 26.05% and a return on equity of 31.75%. The business’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 EPS. research analysts forecast that Verisk Analytics, Inc. will post 4.1 EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of VRSK. Massachusetts Financial Services Co. MA raised its position in shares of Verisk Analytics by 26.5% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,759,713 shares of the business services provider’s stock valued at $599,010,000 after acquiring an additional 1,206,737 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Verisk Analytics by 44.8% during the 1st quarter. Franklin Resources Inc. now owns 2,773,570 shares of the business services provider’s stock valued at $288,485,000 after acquiring an additional 858,233 shares during the last quarter. Two Creeks Capital Management LP bought a new stake in shares of Verisk Analytics during the 4th quarter valued at $68,479,000. Fayez Sarofim & Co bought a new stake in shares of Verisk Analytics during the 1st quarter valued at $49,920,000. Finally, Thrivent Financial For Lutherans increased its position in shares of Verisk Analytics by 7,626.7% in the 4th quarter. Thrivent Financial For Lutherans now owns 475,191 shares of the business services provider’s stock valued at $45,618,000 after buying an additional 469,041 shares in the last quarter. Institutional investors own 91.22% of the company’s stock.
Several research firms have issued reports on VRSK. Zacks Investment Research downgraded Verisk Analytics from a “buy” rating to a “hold” rating in a report on Tuesday, May 1st. BidaskClub raised Verisk Analytics from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 1st. ValuEngine raised Verisk Analytics from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Keefe, Bruyette & Woods set a $112.00 price objective on Verisk Analytics and gave the stock a “buy” rating in a report on Friday, February 23rd. Finally, BMO Capital Markets reduced their price objective on Verisk Analytics from $108.00 to $105.00 and set a “market perform” rating on the stock in a report on Thursday, May 3rd. One research analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $104.36.
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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