MGO One Seven LLC Invests $520,000 in Verisk Analytics, Inc. $VRSK

Key Points

• MGO One Seven LLC invested $520,000 in Verisk Analytics, acquiring 1,670 shares, as reported in its latest SEC filing.
• Verisk Analytics reported quarterly earnings of $1.88 per share, exceeding analysts' expectations of $1.77, with revenue increasing by 7.8% year-over-year.
• The company announced a quarterly dividend of $0.45 per share, with a dividend yield of 0.8%, and an annualized payout of $1.80.

MGO One Seven LLC acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,670 shares of the business services provider's stock, valued at approximately $520,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Verisk Analytics by 12.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 22,277 shares of the business services provider's stock worth $6,941,000 after buying an additional 2,533 shares during the period. Oak Ridge Investments LLC lifted its stake in shares of Verisk Analytics by 1.2% during the second quarter. Oak Ridge Investments LLC now owns 41,578 shares of the business services provider's stock worth $12,952,000 after buying an additional 482 shares during the period. Tranquility Partners LLC lifted its stake in shares of Verisk Analytics by 1.1% during the second quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider's stock worth $1,006,000 after buying an additional 35 shares during the period. Apollon Wealth Management LLC lifted its position in Verisk Analytics by 11.9% during the second quarter. Apollon Wealth Management LLC now owns 3,140 shares of the business services provider's stock valued at $978,000 after purchasing an additional 333 shares during the period. Finally, Fifth Third Wealth Advisors LLC lifted its position in Verisk Analytics by 4.2% during the second quarter. Fifth Third Wealth Advisors LLC now owns 1,904 shares of the business services provider's stock valued at $593,000 after purchasing an additional 77 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Trading Up 1.4%

Shares of Verisk Analytics stock opened at $232.34 on Friday. The firm has a 50-day simple moving average of $256.24 and a two-hundred day simple moving average of $284.64. The company has a market cap of $32.46 billion, a P/E ratio of 35.80, a price-to-earnings-growth ratio of 3.01 and a beta of 0.85. Verisk Analytics, Inc. has a fifty-two week low of $228.09 and a fifty-two week high of $322.92. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping analysts' consensus estimates 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 net margin of 30.67% and a return on equity of 460.89%. The company's revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics's payout ratio is currently 27.73%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Rothschild & Co Redburn restated a "sell" rating and set a $220.00 target price (down from $280.00) on shares of Verisk Analytics in a research report on Thursday. Rothschild Redb downgraded shares of Verisk Analytics from a "hold" rating to a "strong sell" rating in a research report on Thursday. Wells Fargo & Company decreased their target price on shares of Verisk Analytics from $340.00 to $334.00 and set an "overweight" rating for the company in a research report on Wednesday, September 17th. UBS Group decreased their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a research report on Thursday, July 31st. Finally, Evercore ISI decreased their target price on shares of Verisk Analytics from $292.00 to $262.00 and set an "in-line" rating for the company in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $299.33.

Insider Activity at Verisk Analytics

In other news, CEO Lee Shavel sold 1,100 shares of the business's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the completion of the sale, the chief executive officer owned 78,907 shares of the company's stock, valued at $21,147,865.07. The trade was a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Nicholas Daffan sold 5,420 shares of the business's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the sale, the insider directly owned 54,337 shares of the company's stock, valued at $14,399,305. This represents a 9.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,520 shares of company stock worth $2,255,396 over the last three months. Company insiders own 0.46% of the company's stock.

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.

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