Capital Fund Management S.A. Lowers Stock Holdings in Verisk Analytics, Inc. $VRSK

Key Points

• Capital Fund Management S.A. decreased its stake in Verisk Analytics, Inc. by 54% during the first quarter, now holding shares worth approximately $9.58 million.
• Insider transactions revealed that CEO Lee Shavel sold 1,100 shares of Verisk, resulting in a 1.37% decrease in his overall stake in the company.
• Verisk Analytics has declared a $0.45 quarterly dividend, with a yield of 0.7%, scheduled for distribution on September 30th.

Capital Fund Management S.A. reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 54.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,187 shares of the business services provider's stock after selling 37,786 shares during the period. Capital Fund Management S.A.'s holdings in Verisk Analytics were worth $9,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VRSK. Nuveen LLC purchased a new stake in shares of Verisk Analytics during the 1st quarter worth about $508,611,000. GAMMA Investing LLC raised its holdings in Verisk Analytics by 36,332.8% in the 1st quarter. GAMMA Investing LLC now owns 1,204,468 shares of the business services provider's stock worth $358,474,000 after purchasing an additional 1,201,162 shares during the period. Invesco Ltd. raised its holdings in Verisk Analytics by 36.0% in the 1st quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider's stock worth $669,958,000 after purchasing an additional 596,225 shares during the period. JPMorgan Chase & Co. boosted its position in Verisk Analytics by 52.7% during the first quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider's stock worth $339,586,000 after purchasing an additional 393,668 shares in the last quarter. Finally, Raiffeisen Bank International AG acquired a new stake in Verisk Analytics in the fourth quarter valued at approximately $70,005,000. Institutional investors and hedge funds own 90.00% of the company's stock.

Insider Activity

In other news, insider Nicholas Daffan sold 5,419 shares of the company's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total value of $1,630,360.34. Following the transaction, the insider directly owned 55,913 shares in the company, valued at approximately $16,821,985.18. This represents a 8.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Christopher John Perry bought 1,000 shares of the company's stock in a transaction that occurred on 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 acquisition, the director directly owned 1,773 shares in the company, valued at $460,625.40. The trade was a 129.37% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 25,620 shares of company stock worth $7,862,427. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the company an "outperform" rating in a research report on Monday, August 4th. Morgan Stanley lifted their price target on Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. UBS Group dropped their price target 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. Finally, Robert W. Baird upped their target price on shares of Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Verisk Analytics presently has an average rating of "Hold" and an average price target of $305.60.

Verisk Analytics Trading Down 1.5%

NASDAQ:VRSK traded down $3.99 on Monday, hitting $267.07. The stock had a trading volume of 904,800 shares, compared to its average volume of 908,600. The company has a fifty day moving average price of $290.86 and a two-hundred day moving average price of $295.72. The stock has a market cap of $37.31 billion, a price-to-earnings ratio of 41.15, a PEG ratio of 3.84 and a beta of 0.83. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics, Inc. has a 1-year low of $259.01 and a 1-year high of $322.92.

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

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. Verisk Analytics's dividend payout ratio (DPR) is presently 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.