Marshall Financial Group LLC Sells 4,023 Shares of Verisk Analytics, Inc. $VRSK

Key Points

• Marshall Financial Group LLC reduced its stake in Verisk Analytics by 79.2%, ending up with 1,056 shares valued at $325,000 after selling 4,023 shares in Q2.
• Verisk Analytics reported $1.88 earnings per share (EPS) for the last quarter, exceeding analysts' expectations, along with a 7.8% increase in revenue year-over-year.
• The company declared a quarterly dividend of $0.45, yielding 0.7%, which will be paid to investors of record on September 15th.

Marshall Financial Group LLC reduced its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 79.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,056 shares of the business services provider's stock after selling 4,023 shares during the period. Marshall Financial Group LLC's holdings in Verisk Analytics were worth $325,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Louisbourg Investments Inc. bought a new stake in Verisk Analytics in the 1st quarter valued at about $25,000. Global Financial Private Client LLC boosted its stake in shares of Verisk Analytics by 966.7% in the 1st quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider's stock valued at $38,000 after purchasing an additional 116 shares during the last quarter. Wayfinding Financial LLC acquired a new stake in Verisk Analytics in the first quarter worth $48,000. GW&K Investment Management LLC lifted its stake in shares of Verisk Analytics by 186.7% in the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider's stock valued at $51,000 after buying an additional 112 shares in the last quarter. Finally, Zions Bancorporation National Association UT bought a new position in shares of Verisk Analytics in the first quarter valued at $52,000. Institutional investors own 90.00% of the company's stock.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In related news, insider Kathy Card Beckles sold 326 shares of the company'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 $98,080.36. Following the completion of the transaction, the insider directly owned 9,319 shares in the company, valued at approximately $2,803,714.34. This represents a 3.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Nicholas Daffan sold 5,420 shares of the company's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total value of $1,436,300.00. Following the sale, the insider owned 54,337 shares of the company's stock, valued at $14,399,305. This represents a 9.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 14,265 shares of company stock valued at $4,002,332. Insiders own 0.46% of the company's stock.

Verisk Analytics Trading Down 0.8%

NASDAQ:VRSK traded down $1.86 during trading hours 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 cap of $34.02 billion, a P/E ratio of 37.51, a P/E/G ratio of 3.45 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 1 year low of $242.57 and a 1 year high of $322.92. The company has a 50-day moving average of $273.56 and a 200 day moving average of $291.26.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) 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 analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the business posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

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