Verisk Analytics, Inc. $VRSK Holdings Decreased by Jacobs Levy Equity Management Inc.

Key Points

• Jacobs Levy Equity Management Inc. has reduced its stake in Verisk Analytics by 47.7%, now holding 4,853 shares valued at $1.44 million.
• Analysts have mixed ratings on Verisk Analytics, with five holding a "Buy" rating and an average price target of $306.91, indicating potential growth.
• The company recently announced a quarterly dividend of $0.45, reflecting an annualized dividend yield of 0.7%, set to be paid on September 30th.

Jacobs Levy Equity Management Inc. trimmed its position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 47.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,853 shares of the business services provider's stock after selling 4,423 shares during the quarter. Jacobs Levy Equity Management Inc.'s holdings in Verisk Analytics were worth $1,444,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VRSK. Nuveen LLC purchased a new position in shares of Verisk Analytics in the 1st quarter worth about $508,611,000. Ameriprise Financial Inc. raised its holdings in shares of Verisk Analytics by 631.0% in the 1st quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider's stock worth $422,676,000 after purchasing an additional 1,221,798 shares during the period. GAMMA Investing LLC raised its holdings in shares of Verisk Analytics by 36,332.8% in the 1st quarter. GAMMA Investing LLC now owns 1,204,468 shares of the business services provider's stock worth $358,474,000 after purchasing an additional 1,201,162 shares during the period. Invesco Ltd. raised its holdings in shares of Verisk Analytics by 36.0% in the 1st quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider's stock worth $669,958,000 after purchasing an additional 596,225 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Verisk Analytics by 52.7% in the 1st quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider's stock worth $339,586,000 after purchasing an additional 393,668 shares during the period. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Verisk Analytics Stock Down 1.5%

Shares of NASDAQ:VRSK traded down $4.04 during mid-day trading on Friday, hitting $262.20. 895,490 shares of the company traded hands, compared to its average volume of 936,080. The firm has a market cap of $36.63 billion, a P/E ratio of 40.40, a PEG ratio of 3.77 and a beta of 0.86. 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 52-week low of $259.01 and a 52-week high of $322.92. The firm's 50 day simple moving average is $279.01 and its 200 day simple moving average is $292.93.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, beating analysts' consensus estimates of $1.77 by $0.11. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The firm had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same quarter last year, the firm earned $1.74 EPS. Verisk Analytics's quarterly revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on VRSK shares. UBS Group cut their price objective on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. Wolfe Research began coverage on Verisk Analytics in a report on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 price objective on the stock. Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the company an "outperform" rating in a report on Monday, August 4th. Finally, Morgan Stanley raised their target price on Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Five 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's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $306.91.

Insider Buying and Selling at Verisk Analytics

In related news, CFO Elizabeth Mann sold 300 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $268.00, for a total transaction of $80,400.00. Following the completion of the transaction, the chief financial officer owned 15,465 shares in the company, valued at $4,144,620. The trade was a 1.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 sale, the insider directly owned 54,337 shares in the company, valued at $14,399,305. The trade was a 9.07% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,965 shares of company stock worth $3,925,916. 0.46% of the stock is owned by company insiders.

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.