Czech National Bank Increases Stock Holdings in Verisk Analytics, Inc. $VRSK

Key Points

• Czech National Bank increased its holdings in Verisk Analytics, Inc. by 5.4%, owning 34,192 shares valued at $10.65 million following the acquisition of 1,758 additional shares in the second quarter.
• Several institutional investors have significantly raised their positions in Verisk Analytics, with Ameriprise Financial increasing their stake by 631.0% and GAMMA Investing LLC by an astonishing 36,332.8% during the first quarter.
• Verisk Analytics declared a quarterly dividend of $0.45 per share, with an annualized yield of 0.7%, to be paid to shareholders on September 30th.

Czech National Bank boosted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 5.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,192 shares of the business services provider's stock after purchasing an additional 1,758 shares during the quarter. Czech National Bank's holdings in Verisk Analytics were worth $10,651,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB boosted its stake in Verisk Analytics by 14.9% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 523 shares of the business services provider's stock worth $163,000 after purchasing an additional 68 shares during the period. Range Financial Group LLC boosted its stake in Verisk Analytics by 12.8% in the 2nd quarter. Range Financial Group LLC now owns 990 shares of the business services provider's stock worth $308,000 after purchasing an additional 112 shares during the period. Gallacher Capital Management LLC bought a new position in Verisk Analytics in the 2nd quarter worth about $260,000. Parallel Advisors LLC boosted its stake in Verisk Analytics by 8.1% in the 2nd quarter. Parallel Advisors LLC now owns 2,565 shares of the business services provider's stock worth $799,000 after purchasing an additional 193 shares during the period. Finally, Insight Wealth Strategies LLC bought a new position in Verisk Analytics in the 2nd quarter worth about $3,860,000. Institutional investors own 90.00% of the company's stock.

Verisk Analytics Stock Down 0.8%

Verisk Analytics stock traded down $1.86 during mid-day trading on Friday, hitting $243.47. The company had a trading volume of 2,380,624 shares, compared to its average volume of 1,032,211. The company has a market capitalization of $34.02 billion, a PE ratio of 37.51, a price-to-earnings-growth ratio of 3.48 and a beta of 0.86. 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 12 month low of $242.57 and a 12 month high of $322.92. The stock's 50 day moving average price is $273.56 and its two-hundred day moving average price is $291.30.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (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 the consensus estimate of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The company's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid 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 is Monday, September 15th. Verisk Analytics's payout ratio is currently 27.73%.

Insider Activity

In related news, Director Christopher John Perry acquired 1,000 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were purchased at an average price of $259.80 per share, with a total value of $259,800.00. Following the completion of the purchase, the director directly owned 1,773 shares of the company's stock, valued at $460,625.40. This represents a 129.37% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the firm's stock in a transaction dated 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 directly owned 15,165 shares in the company, valued at $3,862,828.80. This trade represents a 1.94% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,265 shares of company stock worth $4,002,332. Company insiders own 0.46% of the company's stock.

Wall Street Analyst Weigh In

VRSK has been the subject of a number of research analyst reports. Morgan Stanley lifted their price target on Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the company an "outperform" rating in a research report on Monday, August 4th. 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. Wells Fargo & Company dropped their price target on Verisk Analytics from $340.00 to $334.00 and set an "overweight" rating for the company in a research report on Wednesday. Finally, Wolfe Research initiated coverage on Verisk Analytics in a research report on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 price target for the company. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $308.09.

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.