Callahan Advisors LLC Has $6.34 Million Position in Verisk Analytics, Inc. $VRSK

Key Points

• Callahan Advisors LLC increased its position in Verisk Analytics by 16.1%, owning 20,367 shares worth approximately $6.34 million as of the latest SEC filing.
• The company reported $1.88 earnings per share for its last quarter, exceeding estimates and indicating a year-over-year revenue growth of 7.8%.
• Verisk Analytics announced a quarterly dividend of $0.45 per share, resulting in an annualized dividend yield of 0.7%.

Callahan Advisors LLC grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 16.1% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 20,367 shares of the business services provider's stock after buying an additional 2,823 shares during the period. Callahan Advisors LLC's holdings in Verisk Analytics were worth $6,344,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in VRSK. Trust Co. of Toledo NA OH acquired a new position in shares of Verisk Analytics during the second quarter valued at about $41,000. Wayfinding Financial LLC acquired a new position in shares of Verisk Analytics during the first quarter valued at about $48,000. Ameritas Advisory Services LLC acquired a new position in shares of Verisk Analytics during the second quarter valued at about $48,000. GW&K Investment Management LLC raised its position in shares of Verisk Analytics by 186.7% during 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 during the last quarter. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Verisk Analytics during the first quarter valued at about $52,000. Institutional investors and hedge funds own 90.00% of the company's stock.

Insider Activity

In other news, Director Christopher John Perry acquired 1,000 shares of the company's stock in a transaction dated Wednesday, August 13th. The stock was bought at an average price 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 in the company, valued at approximately $460,625.40. This represents a 129.37% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the sale, the chief executive officer directly owned 78,907 shares in the company, valued at $21,147,865.07. This trade represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,520 shares of company stock worth $2,255,396. Corporate insiders own 0.46% of the company's stock.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $243.98 on Thursday. The firm has a market cap of $34.09 billion, a price-to-earnings ratio of 37.59, a PEG ratio of 3.44 and a beta of 0.85. The company has a 50 day moving average of $257.60 and a 200-day moving average of $285.57. 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 1-year low of $239.78 and a 1-year high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.11. The company had revenue of $772.60 million during 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%. The company's revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the business posted $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

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

Analyst Upgrades and Downgrades

VRSK has been the subject of a number of research analyst reports. Seaport Res Ptn raised shares of Verisk Analytics to a "strong-buy" rating in a research report on Wednesday, October 1st. Evercore ISI dropped their price target on shares of Verisk Analytics from $292.00 to $262.00 and set an "in-line" rating for the company in a research report on Tuesday. Morgan Stanley increased their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Wells Fargo & Company dropped their price target on shares of Verisk Analytics from $340.00 to $334.00 and set an "overweight" rating for the company in a research report on Wednesday, September 17th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Verisk Analytics in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $306.55.

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.

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