Scientech Research LLC Buys New Position in Verisk Analytics, Inc. $VRSK

Scientech Research LLC bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,008 shares of the business services provider's stock, valued at approximately $895,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Louisbourg Investments Inc. purchased a new stake in Verisk Analytics in the first quarter valued at approximately $25,000. Global Financial Private Client LLC raised its stake in Verisk Analytics by 966.7% in the first 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 in the last quarter. Minot DeBlois Advisors LLC purchased a new stake in Verisk Analytics in the fourth quarter valued at approximately $39,000. Wayfinding Financial LLC purchased a new stake in Verisk Analytics in the first quarter valued at approximately $48,000. Finally, GW&K Investment Management LLC raised its stake in 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 purchasing an additional 112 shares in the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Price Performance

Shares of Verisk Analytics stock opened at $270.31 on Monday. 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 business's 50 day simple moving average is $283.02 and its two-hundred day simple moving average is $293.90. The stock has a market capitalization of $37.77 billion, a P/E ratio of 41.65, a price-to-earnings-growth ratio of 3.83 and a beta of 0.86. Verisk Analytics, Inc. has a one year low of $259.01 and a one year high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The firm had revenue of $772.60 million for the quarter, compared to analysts' expectations of $767.91 million. During the same quarter last year, the business earned $1.74 earnings per share. The business's revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a $0.45 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. Verisk Analytics's dividend payout ratio (DPR) is currently 27.73%.

Insider Transactions at Verisk Analytics

In other news, Director Christopher John Perry bought 1,000 shares of the business's stock in a transaction dated 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 completion of the acquisition, the director owned 1,773 shares of the company's stock, valued at approximately $460,625.40. This trade represents a 129.37% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Nicholas Daffan sold 5,420 shares of the firm's stock in a transaction that occurred on 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 completion of the transaction, the insider owned 54,337 shares in the company, valued at $14,399,305. This represents a 9.07% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,621 shares of company stock valued at $7,574,943. 0.46% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on VRSK. UBS Group lowered 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 note on Thursday, July 31st. Wolfe Research started coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 price target on the stock. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an "outperform" rating in a research report on Monday, August 4th. Finally, Morgan Stanley increased their price target 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. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $306.91.

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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