Verisk Analytics, Inc. $VRSK Shares Acquired by American Century Companies Inc.

Key Points

• American Century Companies Inc. increased its holdings in Verisk Analytics by 0.6%, owning approximately 0.35% of the company valued at $144.4 million after acquiring an additional 2,874 shares in Q1.
• Insiders at Verisk sold a combined 23,120 shares worth approximately $7.19 million last quarter, indicating a decrease in their positions.
• The stock has received mixed reviews from analysts, with an average target price of $305.60 and one sell rating amidst five hold and four buy ratings.

American Century Companies Inc. raised its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 0.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 485,194 shares of the business services provider's stock after purchasing an additional 2,874 shares during the period. American Century Companies Inc. owned approximately 0.35% of Verisk Analytics worth $144,404,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VRSK. Cullen Frost Bankers Inc. lifted its position in Verisk Analytics by 1.1% during the first quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider's stock valued at $945,000 after purchasing an additional 35 shares during the period. Bennett Selby Investments LP lifted its stake in shares of Verisk Analytics by 3.1% in the 1st quarter. Bennett Selby Investments LP now owns 1,208 shares of the business services provider's stock worth $359,000 after purchasing an additional 36 shares during the period. Private Trust Co. NA grew its position 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 valued at $116,000 after acquiring an additional 36 shares during the period. Frank Rimerman Advisors LLC increased its position in Verisk Analytics by 3.3% in the first quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider's stock worth $350,000 after buying an additional 38 shares in the last quarter. Finally, Kirtland Hills Capital Management LLC raised its stake in Verisk Analytics by 1.0% during the 1st quarter. Kirtland Hills Capital Management LLC now owns 3,993 shares of the business services provider's stock worth $1,170,000 after acquiring an additional 41 shares during the period. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Up 2.0%

NASDAQ:VRSK traded up $5.32 during mid-day trading on Tuesday, hitting $271.01. 1,036,187 shares of the company's stock traded hands, compared to its average volume of 906,296. 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 company has a market capitalization of $37.86 billion, a P/E ratio of 41.76, a P/E/G ratio of 3.79 and a beta of 0.83. The company has a fifty day moving average of $294.13 and a 200 day moving average of $296.30. Verisk Analytics, Inc. has a twelve month low of $259.01 and a twelve month high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.11. The company 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%. Verisk Analytics's revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.45 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. Verisk Analytics's dividend payout ratio is presently 27.73%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Morgan Stanley increased their price objective on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the stock an "outperform" rating in a report on Monday, August 4th. UBS Group decreased their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Finally, Robert W. Baird upped their target price on shares of Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $305.60.

Insider Activity

In related news, Director Christopher John Perry acquired 1,000 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the acquisition, the director owned 1,773 shares in the company, valued at approximately $460,625.40. This 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 5,419 shares of Verisk Analytics stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $318.10, for a total transaction of $1,723,783.90. Following the sale, the insider owned 56,701 shares of the company's stock, valued at approximately $18,036,588.10. This represents a 8.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,620 shares of company stock valued at $7,862,427 over the last quarter. 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.