Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 4,800 Shares of Verisk Analytics, Inc. $VRSK

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its stake in Verisk Analytics by 17.4%, ending the first quarter with 22,757 shares valued at approximately $6.77 million.
• Several large investors have recently altered their holdings in Verisk, with notable increases including Global Financial Private Client LLC, which raised its position by 966.7%.
• Verisk Analytics reported a 7.8% increase in revenue year-over-year for the latest quarter, achieving $772.6 million in revenue and beating the consensus EPS estimate by $0.11.

Fjarde AP Fonden Fourth Swedish National Pension Fund cut its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 17.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,757 shares of the business services provider's stock after selling 4,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Verisk Analytics were worth $6,773,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of VRSK. Louisbourg Investments Inc. purchased a new stake in Verisk Analytics during the 1st quarter valued at about $25,000. Global Financial Private Client LLC boosted its holdings in Verisk Analytics by 966.7% during the 1st 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 period. Minot DeBlois Advisors LLC purchased a new stake in Verisk Analytics during the 4th quarter valued at about $39,000. Wayfinding Financial LLC purchased a new stake in Verisk Analytics during the 1st quarter valued at about $48,000. Finally, GW&K Investment Management LLC boosted its holdings in Verisk Analytics by 186.7% during the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider's stock valued at $51,000 after acquiring an additional 112 shares during the period. 90.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Nicholas Daffan sold 5,419 shares of the firm's stock in a transaction on Thursday, July 3rd. The stock was 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 $16,821,985.18. This trade represents a 8.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Christopher John Perry purchased 1,000 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were acquired at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the completion of the acquisition, the director owned 1,773 shares of the company's stock, valued at approximately $460,625.40. This trade represents a 129.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 25,620 shares of company stock worth $7,862,427. 0.46% of the stock is owned by corporate insiders.

Verisk Analytics Stock Up 0.4%

VRSK stock traded up $0.9970 on Thursday, reaching $271.8470. 194,439 shares of the company traded hands, compared to its average volume of 904,597. Verisk Analytics, Inc. has a one year low of $259.01 and a one year high of $322.92. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53. The company has a market cap of $37.98 billion, a P/E ratio of 41.99, a price-to-earnings-growth ratio of 3.84 and a beta of 0.83. The firm has a fifty day simple moving average of $292.49 and a 200-day simple moving average of $295.95.

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, beating 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 company had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same quarter last year, the company earned $1.74 EPS. The firm's revenue for the quarter was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Research analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Robert W. Baird increased their price objective on Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. UBS Group dropped their price objective on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Morgan Stanley increased their price objective on Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the stock an "outperform" rating in a report on Monday, August 4th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Verisk Analytics presently has an average rating of "Hold" and an average price target of $305.60.

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.