Callan Family Office LLC Makes New $1.30 Million Investment in Verisk Analytics, Inc. $VRSK

Key Points

• Callan Family Office LLC made a new investment of $1.30 million in Verisk Analytics, purchasing 4,172 shares of the company during the second quarter.
• A variety of institutional investors have significantly altered their positions in Verisk Analytics, with 90% of the stock currently owned by institutional investors.
• Verisk Analytics recently reported quarterly earnings that surpassed expectations, with $1.88 EPS, and has announced a quarterly dividend of $0.45 per share.

Callan Family Office LLC bought 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 filing with the Securities and Exchange Commission. The institutional investor bought 4,172 shares of the business services provider's stock, valued at approximately $1,300,000.

A number of other hedge funds have also recently made changes to their positions in VRSK. Nuveen LLC bought a new stake in shares of Verisk Analytics in the 1st quarter worth approximately $508,611,000. Ameriprise Financial Inc. lifted its holdings in shares of Verisk Analytics by 631.0% during the 1st quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider's stock valued at $422,676,000 after buying an additional 1,221,798 shares during the period. Invesco Ltd. lifted its holdings in shares of Verisk Analytics by 36.0% during the 1st quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider's stock valued at $669,958,000 after buying an additional 596,225 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Verisk Analytics by 35.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider's stock valued at $492,182,000 after buying an additional 434,053 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Verisk Analytics by 52.7% during the 1st quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider's stock valued at $339,586,000 after buying an additional 393,668 shares during the period. 90.00% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Verisk Analytics news, Director Christopher John Perry purchased 1,000 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was acquired at an average price of $259.80 per share, for a total transaction of $259,800.00. Following the purchase, the director owned 1,773 shares of the company's stock, valued at approximately $460,625.40. This represents a 129.37% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Elizabeth Mann sold 300 shares of the stock in a transaction 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 sale, the chief financial officer owned 15,165 shares of the company's stock, valued at $3,862,828.80. The trade was a 1.94% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,520 shares of company stock worth $2,273,891. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VRSK. Seaport Res Ptn raised Verisk Analytics to a "strong-buy" rating in a report on Wednesday, October 1st. Morgan Stanley increased their price target on Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Wolfe Research began coverage on Verisk Analytics in a report on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 target price on the stock. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Verisk Analytics in a report on Wednesday, October 8th. Finally, UBS Group decreased their target price on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $311.00.

Verisk Analytics Price Performance

Shares of Verisk Analytics stock opened at $243.06 on Monday. Verisk Analytics, Inc. has a one year low of $239.83 and a one year high of $322.92. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. The stock has a market cap of $33.96 billion, a P/E ratio of 37.45, a P/E/G ratio of 3.44 and a beta of 0.85. The stock's fifty day moving average is $258.97 and its 200 day moving average is $286.52.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) 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 analyst estimates of $767.91 million. During the same quarter in the prior year, the business posted $1.74 EPS. Verisk Analytics'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. Sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

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

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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