Verisk Analytics, Inc. $VRSK Shares Sold by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. lowered its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 47.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,853 shares of the business services provider’s stock after selling 4,423 shares during the period. Jacobs Levy Equity Management Inc.’s holdings in Verisk Analytics were worth $1,444,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VRSK. OMERS ADMINISTRATION Corp boosted its stake in shares of Verisk Analytics by 17.6% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 6,150 shares of the business services provider’s stock valued at $1,694,000 after acquiring an additional 920 shares during the last quarter. NorthRock Partners LLC acquired a new stake in shares of Verisk Analytics during the fourth quarter valued at $583,000. Nomura Holdings Inc. boosted its stake in shares of Verisk Analytics by 42.2% during the fourth quarter. Nomura Holdings Inc. now owns 17,488 shares of the business services provider’s stock valued at $4,817,000 after acquiring an additional 5,194 shares during the last quarter. Nissay Asset Management Corp Japan ADV boosted its stake in shares of Verisk Analytics by 5.6% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 31,428 shares of the business services provider’s stock valued at $8,715,000 after acquiring an additional 1,672 shares during the last quarter. Finally, Mufg Securities Americas Inc. acquired a new stake in shares of Verisk Analytics during the fourth quarter valued at $574,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on VRSK shares. Morgan Stanley increased their price objective on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Wolfe Research assumed coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price target on the stock. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the stock an “outperform” rating in a research note on Monday, August 4th. Finally, UBS Group decreased their price target on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $306.91.

Verisk Analytics Stock Up 1.3%

Shares of NASDAQ:VRSK opened at $266.24 on Friday. The stock’s 50-day moving average price is $279.84 and its two-hundred day moving average price is $293.15. The firm has a market cap of $37.20 billion, a price-to-earnings ratio of 41.02, a PEG ratio of 3.73 and a beta of 0.86. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics, Inc. has a 12-month low of $259.01 and a 12-month high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. The company had revenue of $772.60 million for the quarter, compared to the consensus estimate of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, research analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is 27.73%.

Insider Buying and Selling

In other news, insider Kathy Card Beckles sold 326 shares of the firm’s stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total value of $98,080.36. Following the transaction, the insider directly owned 9,319 shares in the company, valued at $2,803,714.34. This trade represents a 3.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $268.00, for a total value of $80,400.00. Following the completion of the transaction, the chief financial officer owned 15,465 shares in the company, valued at approximately $4,144,620. This trade represents a 1.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,965 shares of company stock worth $3,925,916. Corporate insiders own 0.46% of the company’s stock.

About Verisk Analytics

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.