Vanguard Personalized Indexing Management LLC Buys 2,533 Shares of Verisk Analytics, Inc. $VRSK

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Verisk Analytics by 12.8%, acquiring an additional 2,533 shares to own a total of 22,277 shares valued at approximately $6.94 million.
• Insider trading activity includes Director Christopher John Perry purchasing 1,000 shares at $259.80 each, marking a 129.37% increase in his holdings, while CFO Elizabeth Mann sold 300 shares at $254.72.
• Analysts have given mixed ratings for Verisk Analytics, with the average rating being "Moderate Buy" and a consensus price target set at $311.00.

Vanguard Personalized Indexing Management LLC lifted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 12.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 22,277 shares of the business services provider's stock after acquiring an additional 2,533 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Verisk Analytics were worth $6,941,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Cullen Frost Bankers Inc. lifted its holdings in shares of Verisk Analytics by 1.1% during the 1st quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider's stock worth $945,000 after acquiring an additional 35 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of Verisk Analytics by 0.4% during the 2nd quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider's stock worth $2,809,000 after acquiring an additional 35 shares during the last quarter. NBT Bank N A NY lifted its holdings in shares of Verisk Analytics by 11.4% during the 2nd quarter. NBT Bank N A NY now owns 341 shares of the business services provider's stock worth $106,000 after acquiring an additional 35 shares during the last quarter. Tranquility Partners LLC lifted its holdings in shares of Verisk Analytics by 1.1% during the 2nd quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider's stock worth $1,006,000 after acquiring an additional 35 shares during the last quarter. Finally, Private Trust Co. NA lifted its holdings in shares of Verisk Analytics by 10.2% during the 1st quarter. Private Trust Co. NA now owns 389 shares of the business services provider's stock worth $116,000 after acquiring an additional 36 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Christopher John Perry acquired 1,000 shares of the stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average cost of $259.80 per share, with a total value of $259,800.00. Following the completion of the purchase, the director owned 1,773 shares in the company, valued at approximately $460,625.40. The trade was a 129.37% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the company's stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $254.72, for a total transaction of $76,416.00. Following the transaction, the chief financial officer directly owned 15,165 shares of the company's stock, valued at approximately $3,862,828.80. This trade represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 8,520 shares of company stock valued at $2,273,891. 0.46% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on VRSK shares. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Verisk Analytics in a report on Wednesday, October 8th. Wells Fargo & Company lowered their price target on shares of Verisk Analytics from $340.00 to $334.00 and set an "overweight" rating for the company in a research note on Wednesday, September 17th. Seaport Res Ptn raised shares of Verisk Analytics to a "strong-buy" rating in a research note on Wednesday, October 1st. Morgan Stanley boosted their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Finally, UBS Group lowered their price target on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $311.00.

Verisk Analytics Stock Performance

Shares of NASDAQ:VRSK opened at $243.06 on Monday. The company has a market cap of $33.96 billion, a price-to-earnings ratio of 37.45, a price-to-earnings-growth ratio of 3.44 and a beta of 0.85. The company has a 50-day moving average price of $258.97 and a 200-day moving average price of $286.52. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics, Inc. has a 12 month low of $239.83 and a 12 month high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued 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 firm 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 quarterly revenue was up 7.8% compared to the same quarter last year. During the same period 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 anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently disclosed 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. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, September 15th. Verisk Analytics's dividend payout ratio is 27.73%.

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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