Circle Wealth Management LLC Has $913,000 Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Circle Wealth Management LLC increased its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) by 114.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,128 shares of the business services provider’s stock after buying an additional 2,199 shares during the quarter. Circle Wealth Management LLC’s holdings in Verisk Analytics were worth $913,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Valley National Advisers Inc. lifted its stake in Verisk Analytics by 132.8% during the first quarter. Valley National Advisers Inc. now owns 156 shares of the business services provider’s stock worth $33,000 after purchasing an additional 89 shares during the last quarter. Riverview Trust Co bought a new stake in Verisk Analytics during the first quarter worth $36,000. Confluence Wealth Services Inc. bought a new stake in Verisk Analytics during the fourth quarter worth $60,000. Covestor Ltd bought a new stake in Verisk Analytics during the fourth quarter worth $64,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in Verisk Analytics by 1,324.0% during the first quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 356 shares of the business services provider’s stock worth $76,000 after purchasing an additional 331 shares during the last quarter. Institutional investors and hedge funds own 91.19% of the company’s stock.

Insider Activity

In other news, Director Therese M. Vaughan sold 629 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $199.22, for a total value of $125,309.38. Following the completion of the sale, the director now directly owns 11,064 shares in the company, valued at approximately $2,204,170.08. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, Director Samuel G. Liss sold 587 shares of the firm’s stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $202.24, for a total value of $118,714.88. Following the transaction, the director now owns 67,352 shares of the company’s stock, valued at approximately $13,621,268.48. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Therese M. Vaughan sold 629 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $199.22, for a total transaction of $125,309.38. Following the completion of the transaction, the director now directly owns 11,064 shares in the company, valued at approximately $2,204,170.08. The disclosure for this sale can be found here. Insiders sold a total of 4,648 shares of company stock worth $933,186 in the last three months. Company insiders own 1.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on VRSK. BMO Capital Markets upped their target price on Verisk Analytics from $186.00 to $200.00 and gave the stock a “market perform” rating in a research note on Thursday, August 4th. Raymond James dropped their price target on Verisk Analytics from $220.00 to $215.00 and set an “outperform” rating for the company in a research note on Thursday, August 4th. Royal Bank of Canada dropped their price target on Verisk Analytics from $227.00 to $210.00 and set an “outperform” rating for the company in a research note on Wednesday, June 29th. StockNews.com cut Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Thursday, August 11th. Finally, Robert W. Baird increased their price target on Verisk Analytics from $215.00 to $220.00 in a research note on Thursday, August 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Verisk Analytics has an average rating of “Moderate Buy” and a consensus price target of $216.18.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $192.04 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.99. The business has a 50-day moving average price of $189.08 and a two-hundred day moving average price of $188.97. Verisk Analytics, Inc. has a 1-year low of $156.05 and a 1-year high of $231.57. The company has a market cap of $30.14 billion, a P/E ratio of 29.64, a PEG ratio of 2.98 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSKGet Rating) last issued its quarterly earnings results on Tuesday, August 2nd. The business services provider reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.12. Verisk Analytics had a return on equity of 35.21% and a net margin of 34.37%. During the same quarter in the prior year, the company posted $1.17 earnings per share. As a group, analysts anticipate that Verisk Analytics, Inc. will post 5.78 EPS for the current year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $1.24 annualized dividend and a dividend yield of 0.65%. Verisk Analytics’s dividend payout ratio is presently 19.14%.

Verisk Analytics Company Profile

(Get Rating)

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, commercial banking and finance, and various other fields.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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