MBB Public Markets I LLC Makes New $329,000 Investment in Verisk Analytics, Inc. $VRSK

Key Points

• MBB Public Markets I LLC has made a new investment of $329,000 in Verisk Analytics, purchasing 1,105 shares as part of their first quarter activities.
• Insider Nicholas Daffan sold 5,420 shares for approximately $1.44 million, representing a 9.07% decrease in their position, while Director Christopher John Perry increased theirs by 129.37%.
• Verisk Analytics announced a quarterly dividend of $0.45 per share, representing an annual dividend yield of 0.7%, and is expected to post 6.63 earnings per share for the current fiscal year.

MBB Public Markets I LLC bought a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,105 shares of the business services provider's stock, valued at approximately $329,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Verisk Analytics by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 16,733,589 shares of the business services provider's stock worth $4,980,251,000 after buying an additional 239,483 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in Verisk Analytics by 0.5% during the 1st quarter. Alliancebernstein L.P. now owns 5,235,090 shares of the business services provider's stock worth $1,558,067,000 after buying an additional 25,010 shares in the last quarter. Invesco Ltd. increased its position in shares of Verisk Analytics by 36.0% in the 1st quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider's stock valued at $669,958,000 after purchasing an additional 596,225 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Verisk Analytics in the 1st quarter valued at approximately $508,611,000. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Verisk Analytics by 19.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,704,246 shares of the business services provider's stock valued at $507,219,000 after purchasing an additional 283,238 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Verisk Analytics

In related news, insider Nicholas Daffan sold 5,420 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the completion of the sale, the insider owned 54,337 shares in the company, valued at $14,399,305. This represents a 9.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Christopher John Perry acquired 1,000 shares of the 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 transaction, 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. Over the last three months, insiders sold 25,621 shares of company stock worth $7,574,943. Insiders own 0.46% of the company's stock.

Verisk Analytics Trading Up 1.0%

NASDAQ VRSK opened at $273.03 on Tuesday. 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 firm's fifty day moving average price is $282.25 and its 200 day moving average price is $293.75. The company has a market capitalization of $38.15 billion, a price-to-earnings ratio of 42.07, a price-to-earnings-growth ratio of 3.83 and a beta of 0.86. Verisk Analytics, Inc. has a 12 month low of $259.01 and a 12 month high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted its earnings results 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 the consensus estimate of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The company's revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently announced 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 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 27.73%.

Analyst Ratings Changes

A number of equities research analysts have commented on VRSK shares. Morgan Stanley increased 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. Wolfe Research started coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 price objective on the stock. UBS Group dropped their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the company an "outperform" rating in a research report on Monday, August 4th. Five investment 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 an average target price of $306.91.

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.

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