1,590 Shares in Verisk Analytics, Inc. $VRSK Acquired by OneAscent Investment Solutions LLC

Key Points

• OneAscent Investment Solutions LLC has acquired 1,590 shares of Verisk Analytics, Inc. valued at approximately $473,000 during the first quarter.
• Institutional investors own about 90% of Verisk Analytics' stock, indicating strong institutional interest in the company.
• Verisk Analytics announced a quarterly dividend of $0.45 per share scheduled for payment on September 30th, reflecting a 0.7% yield on an annualized basis.

OneAscent Investment Solutions LLC purchased a new position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,590 shares of the business services provider's stock, valued at approximately $473,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VRSK. Vestmark Advisory Solutions Inc. boosted its stake in shares of Verisk Analytics by 96.1% in the 1st quarter. Vestmark Advisory Solutions Inc. now owns 1,800 shares of the business services provider's stock valued at $536,000 after purchasing an additional 882 shares in the last quarter. E Fund Management Co. Ltd. boosted its stake in shares of Verisk Analytics by 97.8% in the 1st quarter. E Fund Management Co. Ltd. now owns 3,977 shares of the business services provider's stock valued at $1,184,000 after purchasing an additional 1,966 shares in the last quarter. Triglav Skladi D.O.O. boosted its stake in shares of Verisk Analytics by 54.8% in the 1st quarter. Triglav Skladi D.O.O. now owns 2,500 shares of the business services provider's stock valued at $744,000 after purchasing an additional 885 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Verisk Analytics in the 1st quarter valued at approximately $134,000. Finally, S Bank Fund Management Ltd acquired a new stake in shares of Verisk Analytics in the 1st quarter valued at approximately $667,000. Institutional investors own 90.00% of the company's stock.

Insider Buying and Selling at Verisk Analytics

In other news, CEO Lee Shavel sold 1,100 shares of the company's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the sale, the chief executive officer directly owned 78,907 shares in the company, valued at $21,147,865.07. This represents a 1.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Kathy Card Beckles sold 326 shares of the company's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total value of $98,080.36. Following the sale, the insider 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,620 shares of company stock valued at $7,862,427. Insiders own 0.46% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on VRSK. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an "outperform" rating in a research note on Monday, August 4th. Morgan Stanley lifted their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. UBS Group cut their target price 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, Robert W. Baird lifted their target price on shares of Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Four 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. Based on data from MarketBeat, Verisk Analytics currently has an average rating of "Hold" and an average target price of $305.60.

Verisk Analytics Stock Performance

NASDAQ VRSK traded up $4.7150 during trading on Tuesday, hitting $270.4050. 291,994 shares of the company's stock traded hands, compared to its average volume of 901,526. The stock has a market capitalization of $37.78 billion, a price-to-earnings ratio of 41.66, a PEG ratio of 3.79 and a beta of 0.83. Verisk Analytics, Inc. has a 12-month low of $259.01 and a 12-month 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. The business has a 50 day moving average of $294.13 and a 200-day moving average of $296.30.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, beating the consensus estimate of $1.77 by $0.11. The business 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities research analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.80 annualized dividend and a yield of 0.7%. Verisk Analytics's dividend 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.