Aviso Financial Inc. Has $5.33 Million Stake in Verisk Analytics, Inc. $VRSK

Key Points

• Aviso Financial Inc. increased its stake in Verisk Analytics, Inc. by 17.7% during the first quarter, now owning 17,900 shares valued at $5.3 million.
• Insider sales were noted, with CFO Elizabeth Mann selling 300 shares and another insider Kathy Card Beckles selling 326 shares, indicating a decrease in their ownership positions.
• Verisk Analytics reported earnings per share (EPS) of $1.88 for the last quarter, surpassing analyst expectations of $1.77, alongside a 7.8% year-over-year revenue increase.

Aviso Financial Inc. boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 17.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,900 shares of the business services provider's stock after acquiring an additional 2,694 shares during the quarter. Aviso Financial Inc.'s holdings in Verisk Analytics were worth $5,327,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Louisbourg Investments Inc. bought a new position in Verisk Analytics in the first quarter valued at approximately $25,000. Global Financial Private Client LLC increased its stake in Verisk Analytics by 966.7% in the first quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider's stock valued at $38,000 after acquiring an additional 116 shares during the last quarter. Minot DeBlois Advisors LLC acquired a new stake in Verisk Analytics in the fourth quarter valued at approximately $39,000. Wayfinding Financial LLC acquired a new stake in Verisk Analytics in the first quarter valued at approximately $48,000. Finally, GW&K Investment Management LLC boosted its position in Verisk Analytics by 186.7% in the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider's stock valued at $51,000 after buying an additional 112 shares in the last quarter. 90.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Morgan Stanley raised their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Robert W. Baird raised their target price on shares of Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. UBS Group cut their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the company an "outperform" rating in a research report on Monday, August 4th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $305.60.

Verisk Analytics Trading Up 0.4%

Shares of NASDAQ:VRSK traded up $1.06 during mid-day trading on Thursday, reaching $271.91. 859,378 shares of the company's stock were exchanged, compared to its average volume of 908,962. The firm has a market capitalization of $37.99 billion, a price-to-earnings ratio of 41.90, a PEG ratio of 3.84 and a beta of 0.83. The business's fifty day moving average price is $292.49 and its 200-day moving average price is $295.95. 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 twelve month low of $259.01 and a twelve month high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings results 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 analyst estimates of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. Verisk Analytics's revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, research analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

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

Insiders Place Their Bets

In related news, insider Nicholas Daffan sold 5,419 shares of the business's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $318.10, for a total value of $1,723,783.90. Following the transaction, the insider owned 56,701 shares in the company, valued at $18,036,588.10. The trade was a 8.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Kathy Card Beckles sold 326 shares of the business's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total transaction of $98,080.36. Following the completion of the transaction, the insider owned 9,319 shares in the company, valued at approximately $2,803,714.34. The trade was a 3.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,620 shares of company stock valued at $7,862,427 over the last quarter. Company insiders own 0.46% 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.