Tandem Investment Advisors Inc. Sells 5,773 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Tandem Investment Advisors Inc. trimmed its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 3.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 161,273 shares of the business services provider's stock after selling 5,773 shares during the quarter. Tandem Investment Advisors Inc. owned approximately 0.12% of Verisk Analytics worth $47,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Louisbourg Investments Inc. acquired a new stake in Verisk Analytics in the first quarter valued at approximately $25,000. SBI Securities Co. Ltd. bought a new position in shares of Verisk Analytics during the 4th quarter valued at $30,000. Rakuten Securities Inc. lifted its stake in shares of Verisk Analytics by 6,050.0% in the 4th quarter. Rakuten Securities Inc. now owns 123 shares of the business services provider's stock valued at $34,000 after purchasing an additional 121 shares during the last quarter. Global Financial Private Client LLC boosted its holdings 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 worth $38,000 after purchasing an additional 116 shares in the last quarter. Finally, Minot DeBlois Advisors LLC bought a new stake in Verisk Analytics in the fourth quarter worth $39,000. Institutional investors own 90.00% of the company's stock.

Insider Buying and Selling

In other news, Director Samuel G. Liss sold 11,656 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $313.06, for a total value of $3,649,027.36. Following the sale, the director directly owned 67,244 shares in the company, valued at approximately $21,051,406.64. This represents a 14.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Bruce Edward Hansen sold 1,179 shares of the stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of $285.86, for a total value of $337,028.94. Following the completion of the transaction, the director directly owned 13,786 shares of the company's stock, valued at approximately $3,940,865.96. The trade was a 7.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 24,259 shares of company stock worth $7,553,769. Insiders own 0.46% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on VRSK. UBS Group raised their target price on Verisk Analytics from $295.00 to $320.00 and gave the company a "neutral" rating in a report on Monday, May 12th. Bank of America assumed coverage on Verisk Analytics in a report on Thursday, April 10th. They set an "underperform" rating and a $280.00 price objective on the stock. Finally, Robert W. Baird raised their price objective on Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a research note on Thursday, May 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Verisk Analytics has an average rating of "Hold" and an average price target of $302.40.

Verisk Analytics Stock Performance

NASDAQ VRSK traded up $2.75 during trading on Thursday, hitting $303.96. The company's stock had a trading volume of 963,566 shares, compared to its average volume of 775,491. Verisk Analytics, Inc. has a 52 week low of $257.59 and a 52 week high of $322.92. The firm has a market cap of $42.52 billion, a P/E ratio of 44.50, a price-to-earnings-growth ratio of 3.73 and a beta of 0.86. The firm has a 50 day moving average price of $307.57 and a 200 day moving average price of $294.07. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 26.13.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The business services provider reported $1.73 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.05. The firm had revenue of $753.00 million during the quarter, compared to the consensus estimate of $750.31 million. Verisk Analytics had a net margin of 33.13% and a return on equity of 396.08%. The business's revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.63 EPS. Equities research analysts forecast 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 was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend was Friday, June 13th. Verisk Analytics's dividend payout ratio is 26.35%.

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.