Verisk Analytics, Inc. $VRSK Shares Sold by Exencial Wealth Advisors LLC

Key Points

• Exencial Wealth Advisors LLC reduced its stake in Verisk Analytics by 34.6%, selling 2,353 shares and ending with a total of 4,447 shares valued at approximately $1.39 million.
• Insider transactions included the selling of 8,520 shares worth $2.26 million in the last quarter, highlighting a decrease in ownership by management.
• Analysts have mixed ratings on Verisk Analytics, with a consensus price target of $299.33, reflecting ongoing market interest and differing opinions on the stock's outlook.

Exencial Wealth Advisors LLC cut its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 34.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,447 shares of the business services provider's stock after selling 2,353 shares during the period. Exencial Wealth Advisors LLC's holdings in Verisk Analytics were worth $1,385,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VRSK. Trust Co. of Toledo NA OH purchased a new position in shares of Verisk Analytics during the 2nd quarter worth approximately $41,000. Ameritas Advisory Services LLC acquired a new position in shares of Verisk Analytics in the second quarter worth $48,000. Wayfinding Financial LLC purchased a new stake in shares of Verisk Analytics during the first quarter worth $48,000. GW&K Investment Management LLC raised its stake in shares of 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 acquiring an additional 112 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new position in Verisk Analytics in the first quarter valued at $52,000. Institutional investors and hedge funds own 90.00% of the company's stock.

Insider Buying and Selling

In other news, insider Nicholas Daffan sold 5,420 shares of the business's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total value of $1,436,300.00. Following the completion of the transaction, the insider directly owned 54,337 shares of the company's stock, valued at $14,399,305. The trade was a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Elizabeth Mann sold 300 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $242.23, for a total value of $72,669.00. Following the sale, the chief financial officer directly owned 14,865 shares in the company, 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 quarter. Corporate insiders own 0.46% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Evercore ISI reduced their price target on Verisk Analytics from $292.00 to $262.00 and set an "in-line" rating on the stock in a research report on Tuesday, October 14th. Wolfe Research assumed coverage on shares of Verisk Analytics in a report on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 target price on the stock. Rothschild & Co Redburn reiterated a "sell" rating and set a $220.00 price target (down previously from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. 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 research report on Thursday, July 31st. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Verisk Analytics in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, Verisk Analytics currently has an average rating of "Hold" and a consensus price target of $299.33.

Verisk Analytics Price Performance

Shares of VRSK opened at $234.79 on Friday. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. Verisk Analytics, Inc. has a fifty-two week low of $228.09 and a fifty-two week high of $322.92. The firm has a 50-day simple moving average of $253.94 and a 200-day simple moving average of $283.10. The company has a market capitalization of $32.80 billion, a price-to-earnings ratio of 36.18, a price-to-earnings-growth ratio of 3.12 and a beta of 0.85.

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 (EPS) 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 analysts' expectations of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The firm's quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities research analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

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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