2,297 Shares in Verisk Analytics, Inc. $VRSK Bought by Seros Financial LLC

Key Points

• Seros Financial LLC has acquired 2,297 shares of Verisk Analytics, valued at approximately $716,000, making it the 28th largest position in their portfolio.
• Analysts have mixed ratings on Verisk Analytics, with an average consensus of "Moderate Buy" and a price target of $311.00, alongside notable upgrades and downgrades from various firms.
• Verisk Analytics reported $1.88 earnings per share for the last quarter, exceeding estimates, and recently declared a quarterly dividend of $0.45, with a current yield of 0.7%.

Seros Financial LLC purchased a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,297 shares of the business services provider's stock, valued at approximately $716,000. Verisk Analytics accounts for approximately 0.5% of Seros Financial LLC's portfolio, making the stock its 28th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VRSK. Assenagon Asset Management S.A. lifted its holdings in Verisk Analytics by 225.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 14,919 shares of the business services provider's stock worth $4,440,000 after buying an additional 10,331 shares during the period. Voya Investment Management LLC raised its position in shares of Verisk Analytics by 24.1% during the first quarter. Voya Investment Management LLC now owns 303,480 shares of the business services provider's stock worth $90,076,000 after acquiring an additional 58,954 shares during the last quarter. Insight Wealth Strategies LLC bought a new position in shares of Verisk Analytics during the second quarter worth about $3,860,000. Dakota Wealth Management raised its position in shares of Verisk Analytics by 24.0% during the second quarter. Dakota Wealth Management now owns 21,745 shares of the business services provider's stock worth $6,774,000 after acquiring an additional 4,206 shares during the last quarter. Finally, Simon Quick Advisors LLC bought a new position in shares of Verisk Analytics during the first quarter worth about $237,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on VRSK shares. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the stock an "outperform" rating in a research report on Monday, August 4th. UBS Group lowered their price objective on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a research report on Thursday, July 31st. Seaport Res Ptn upgraded Verisk Analytics to a "strong-buy" rating in a research report on Wednesday. Wolfe Research started coverage on Verisk Analytics in a research report on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 price objective for the company. Finally, Wells Fargo & Company lowered their price objective on Verisk Analytics from $340.00 to $334.00 and set an "overweight" rating for the company in a research report on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $311.00.

Verisk Analytics Trading Down 0.8%

Shares of VRSK stock opened at $247.43 on Friday. The company has a market cap of $34.57 billion, a P/E ratio of 38.12, a PEG ratio of 3.54 and a beta of 0.85. The stock has a 50 day simple moving average of $263.86 and a two-hundred day simple moving average of $288.40. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. Verisk Analytics, Inc. has a fifty-two week low of $239.83 and a fifty-two week high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping 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 business had revenue of $772.60 million during the quarter, compared to the consensus estimate of $767.91 million. During the same period in the previous year, the company posted $1.74 earnings per share. The firm's revenue for the quarter was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Research analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.45 dividend. The ex-dividend date was Monday, September 15th. This represents a $1.80 annualized dividend and a yield of 0.7%. Verisk Analytics's dividend payout ratio is presently 27.73%.

Insider Transactions at Verisk Analytics

In other news, Director Christopher John Perry purchased 1,000 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were acquired at an average price of $259.80 per share, for a total transaction of $259,800.00. Following the completion of the acquisition, the director owned 1,773 shares in the company, valued at approximately $460,625.40. The trade was a 129.37% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Elizabeth Mann sold 300 shares of the stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $254.72, for a total value of $76,416.00. Following the completion of the transaction, the chief financial officer owned 15,165 shares in the company, valued at approximately $3,862,828.80. The trade was a 1.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,520 shares of company stock worth $2,273,891 in the last three months. Insiders own 0.46% of the company's stock.

Verisk Analytics 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.

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