12,334 Shares in Verisk Analytics, Inc. $VRSK Acquired by Insight Wealth Strategies LLC

Key Points

• Insight Wealth Strategies LLC acquired 12,334 shares of Verisk Analytics, valued at approximately $3.86 million, highlighting interest from institutional investors in the company.
• Verisk Analytics' stock currently holds a consensus rating of "Hold" with an average target price of $306.91, as analysts provide mixed ratings on its performance.
• Verisk Analytics announced a quarterly dividend of $0.45 per share, which will be paid on September 30, contributing to an annual yield of 0.7%.

Insight Wealth Strategies LLC purchased a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 12,334 shares of the business services provider's stock, valued at approximately $3,860,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Louisbourg Investments Inc. purchased a new position in shares of Verisk Analytics in the 1st quarter valued at approximately $25,000. Global Financial Private Client LLC grew its stake in shares of Verisk Analytics by 966.7% in the 1st quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider's stock valued at $38,000 after purchasing an additional 116 shares during the last quarter. Wayfinding Financial LLC purchased a new position in shares of Verisk Analytics in the 1st quarter valued at approximately $48,000. GW&K Investment Management LLC grew its stake in shares of Verisk Analytics by 186.7% in the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider's stock valued at $51,000 after purchasing an additional 112 shares during the last quarter. Finally, Zions Bancorporation National Association UT purchased a new position in shares of Verisk Analytics in the 1st quarter valued at approximately $52,000. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VRSK has been the topic of several analyst reports. UBS Group lowered their target price 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. Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the company an "outperform" rating in a research note on Monday, August 4th. Morgan Stanley lifted their target price 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. Finally, Wolfe Research began 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. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $306.91.

Insider Activity

In related news, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction on Friday, August 15th. The stock was sold at an average price of $268.00, for a total transaction of $80,400.00. Following the completion of the transaction, the chief financial officer directly owned 15,465 shares of the company's stock, valued at approximately $4,144,620. The trade was a 1.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Christopher John Perry acquired 1,000 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average cost of $259.80 per share, with a total value of $259,800.00. Following the completion of the acquisition, the director owned 1,773 shares of the company's stock, valued at $460,625.40. The trade was a 129.37% increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 13,965 shares of company stock valued at $3,925,916 in the last 90 days. Insiders own 0.46% of the company's stock.

Verisk Analytics Stock Down 1.5%

Verisk Analytics stock opened at $262.20 on Friday. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53. Verisk Analytics, Inc. has a 1-year low of $259.01 and a 1-year high of $322.92. The company has a market cap of $36.63 billion, a PE ratio of 40.40, a price-to-earnings-growth ratio of 3.77 and a beta of 0.86. The stock's 50 day moving average price is $279.01 and its 200 day moving average price is $292.93.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, beating analysts' consensus estimates of $1.77 by $0.11. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The firm had revenue of $772.60 million for the quarter, compared to the consensus estimate of $767.91 million. During the same period in the previous year, the business earned $1.74 earnings per share. The company's revenue for the quarter was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, sell-side analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.80 annualized dividend and a yield of 0.7%. Verisk Analytics's payout ratio is currently 27.73%.

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.

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