Verisk Analytics, Inc. $VRSK Holdings Boosted by Asset Management One Co. Ltd.

Key Points

• Asset Management One Co. Ltd. increased its stake in Verisk Analytics by 1.8%, holding a total of 102,859 shares valued at approximately $32 million as of the latest SEC filing.
• Verisk Analytics reported earnings per share (EPS) of $1.88 for the last quarter, surpassing estimates of $1.77 and marking a 7.8% increase in revenue compared to the previous year.
• The company's stock rating sees mixed feedback, with analysts giving it a consensus rating of "Hold" and an average price target of $299.33, reflecting varying perspectives on its performance potential.

Asset Management One Co. Ltd. boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 1.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 102,859 shares of the business services provider's stock after purchasing an additional 1,862 shares during the period. Asset Management One Co. Ltd. owned 0.07% of Verisk Analytics worth $32,041,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. grew its position in 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 purchasing an additional 35 shares in the last quarter. UMB Bank n.a. grew its position in 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 purchasing an additional 35 shares in the last quarter. NBT Bank N A NY grew its position in 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 purchasing an additional 35 shares in the last quarter. Tranquility Partners LLC grew its position in 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 purchasing an additional 35 shares in the last quarter. Finally, Private Trust Co. NA grew its position in 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 purchasing an additional 36 shares in the last quarter. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Morgan Stanley lifted their price objective 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. Weiss Ratings lowered shares of Verisk Analytics from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday. Wolfe Research started coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 target price for the company. Rothschild Redb lowered shares of Verisk Analytics from a "hold" rating to a "strong sell" rating in a research note on Thursday, October 16th. Finally, Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the company an "outperform" rating in a research note on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $299.33.

Verisk Analytics Stock Up 0.1%

VRSK stock opened at $234.94 on Friday. 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 1 year low of $228.09 and a 1 year high of $322.92. The company has a fifty day simple moving average of $253.29 and a 200 day simple moving average of $282.81. The firm has a market cap of $32.82 billion, a PE ratio of 36.20, a PEG ratio of 3.09 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, beating 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 business had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same quarter in the previous year, the business earned $1.74 EPS. Verisk Analytics's quarterly revenue was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Insider Buying and Selling at Verisk Analytics

In related news, insider Nicholas Daffan sold 5,420 shares of Verisk Analytics stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total value of $1,436,300.00. Following the completion of the sale, the insider owned 54,337 shares of the company's stock, valued at approximately $14,399,305. The trade was a 9.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $242.23, for a total transaction of $72,669.00. Following the completion of the sale, the chief financial officer directly owned 14,865 shares of the company's stock, valued at approximately $3,600,748.95. The trade was a 1.98% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,520 shares of company stock worth $2,255,396 in the last 90 days. 0.46% of the stock is currently owned by company insiders.

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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