Apollon Wealth Management LLC Has $757,000 Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Apollon Wealth Management LLC lifted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 37.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,747 shares of the business services provider’s stock after acquiring an additional 751 shares during the period. Apollon Wealth Management LLC’s holdings in Verisk Analytics were worth $757,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VRSK. Sugarloaf Wealth Management LLC bought a new stake in Verisk Analytics during the fourth quarter worth approximately $28,000. Ashton Thomas Securities LLC bought a new position in Verisk Analytics in the 3rd quarter worth approximately $34,000. Carolina Wealth Advisors LLC acquired a new position in shares of Verisk Analytics during the third quarter worth approximately $50,000. Crews Bank & Trust acquired a new position in shares of Verisk Analytics during the fourth quarter worth approximately $55,000. Finally, Catalyst Capital Advisors LLC boosted its position in shares of Verisk Analytics by 101.5% in the third quarter. Catalyst Capital Advisors LLC now owns 276 shares of the business services provider’s stock valued at $74,000 after acquiring an additional 139 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insiders Place Their Bets

In other news, insider Kathy Card Beckles sold 2,111 shares of Verisk Analytics stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $282.06, for a total value of $595,428.66. Following the completion of the transaction, the insider now owns 9,066 shares in the company, valued at approximately $2,557,155.96. The trade was a 18.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lee Shavel sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $286,490.00. Following the completion of the transaction, the chief executive officer now directly owns 54,163 shares in the company, valued at $15,517,157.87. The trade was a 1.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,669 shares of company stock worth $1,889,316 over the last three months. 0.40% of the stock is currently owned by corporate insiders.

Verisk Analytics Trading Down 0.4 %

VRSK stock opened at $293.06 on Thursday. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $296.58. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The business’s 50 day moving average is $281.46 and its 200-day moving average is $275.92. The firm has a market cap of $41.38 billion, a P/E ratio of 45.72, a P/E/G ratio of 3.39 and a beta of 0.89.

Verisk Analytics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is 24.34%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Robert W. Baird upped their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Barclays lowered shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective for the company. in a research report on Friday, January 10th. BMO Capital Markets lifted their target price on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Finally, Morgan Stanley lifted their price objective on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Six research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Verisk Analytics currently has a consensus rating of “Hold” and an average price target of $293.11.

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.