Verisk Analytics, Inc. $VRSK Shares Bought by Groupe la Francaise

Key Points

• Groupe la Francaise increased its stake in Verisk Analytics by 13.9%, now holding $5.28 million worth of shares.
• Verisk Analytics recently reported earnings of $1.88 per share, exceeding estimates, with a net margin of 30.67% and revenue growth of 7.8% year-over-year.
• The company announced a quarterly dividend of $0.45 per share, amounting to an annualized dividend yield of 0.7%.

Groupe la Francaise lifted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 13.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,793 shares of the business services provider's stock after purchasing an additional 2,165 shares during the period. Groupe la Francaise's holdings in Verisk Analytics were worth $5,283,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VRSK. Pinebridge Investments L.P. purchased a new position in Verisk Analytics in the fourth quarter valued at $4,363,000. MGO One Seven LLC purchased a new position in Verisk Analytics in the fourth quarter valued at $1,439,000. Fuller & Thaler Asset Management Inc. boosted its holdings in Verisk Analytics by 3.5% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 18,061 shares of the business services provider's stock valued at $4,975,000 after purchasing an additional 615 shares during the period. Syon Capital LLC purchased a new position in Verisk Analytics in the fourth quarter valued at $217,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in Verisk Analytics by 48.6% in the fourth quarter. Integrated Wealth Concepts LLC now owns 6,212 shares of the business services provider's stock valued at $1,711,000 after purchasing an additional 2,031 shares during the period. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on VRSK. Morgan Stanley raised their price target on Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a research note 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 note on Monday, August 4th. UBS Group cut their price target on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Finally, Robert W. Baird raised their price target on Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a research note on Thursday, May 8th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Verisk Analytics currently has an average rating of "Hold" and an average price target of $305.60.

Insider Transactions at Verisk Analytics

In related news, Director Christopher John Perry purchased 1,000 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average price of $259.80 per share, for a total transaction of $259,800.00. Following the transaction, the director directly owned 1,773 shares of the company's stock, valued at approximately $460,625.40. The trade was a 129.37% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Samuel G. Liss sold 11,656 shares of the business's stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $313.06, for a total value of $3,649,027.36. Following the completion of the transaction, the director owned 67,244 shares in the company, valued at $21,051,406.64. This trade represents a 14.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,620 shares of company stock worth $7,862,427 over the last three months. 0.46% of the stock is currently owned by company insiders.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock traded up $1.24 on Tuesday, hitting $268.31. The stock had a trading volume of 1,101,073 shares, compared to its average volume of 1,275,802. Verisk Analytics, Inc. has a 52-week low of $259.01 and a 52-week high of $322.92. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. The stock has a market cap of $37.49 billion, a price-to-earnings ratio of 41.34, a P/E/G ratio of 3.79 and a beta of 0.83. The company's 50 day moving average price is $289.24 and its 200 day moving average price is $295.35.

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

Verisk Analytics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, September 15th. Verisk Analytics's payout ratio is 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.