Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Sells $57,298.00 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Elizabeth Mann sold 200 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $57,298.00. Following the transaction, the chief financial officer now directly owns 15,608 shares of the company’s stock, valued at approximately $4,471,535.92. This trade represents a 1.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Elizabeth Mann also recently made the following trade(s):

• On Tuesday, October 15th, Elizabeth Mann sold 200 shares of Verisk Analytics stock. The shares were sold at an average price of $271.33, for a total value of $54,266.00.

Verisk Analytics Trading Down 0.2 %

NASDAQ:VRSK traded down $0.44 during midday trading on Monday, reaching $280.36. 799,955 shares of the stock traded hands, compared to its average volume of 788,155. The stock has a market capitalization of $39.59 billion, a P/E ratio of 43.68, a PEG ratio of 3.52 and a beta of 0.86. Verisk Analytics, Inc. has a 12 month low of $217.34 and a 12 month high of $291.42. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The company has a fifty day moving average of $271.31 and a 200 day moving average of $267.04.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The business had revenue of $725.30 million during the quarter, compared to analyst estimates of $722.19 million. During the same quarter in the prior year, the company posted $1.52 EPS. Verisk Analytics’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, research analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.39 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.56 annualized dividend and a yield of 0.56%. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.34%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on VRSK. Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. BMO Capital Markets boosted their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Royal Bank of Canada raised their price objective on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $285.80.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. CIBC Asset Management Inc lifted its position in Verisk Analytics by 5.7% during the 3rd quarter. CIBC Asset Management Inc now owns 44,290 shares of the business services provider’s stock valued at $11,868,000 after acquiring an additional 2,374 shares during the period. KBC Group NV boosted its position in shares of Verisk Analytics by 15.3% during the third quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock valued at $9,622,000 after buying an additional 4,767 shares during the last quarter. Diversified Trust Co bought a new stake in shares of Verisk Analytics in the second quarter worth approximately $1,325,000. OFI Invest Asset Management boosted its holdings in Verisk Analytics by 2,181.7% in the second quarter. OFI Invest Asset Management now owns 2,875 shares of the business services provider’s stock worth $723,000 after purchasing an additional 2,749 shares during the last quarter. Finally, Swedbank AB bought a new stake in Verisk Analytics in the 1st quarter worth approximately $28,739,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.