Verisk Analytics, Inc. $VRSK Stock Holdings Cut by Advisors Capital Management LLC

Key Points

• Advisors Capital Management LLC reduced its stake in Verisk Analytics by 14.4%, holding 6,956 shares worth approximately $2.07 million after selling 1,168 shares.
• Insider transactions included Nicholas Daffan selling 5,420 shares for $1.44 million and CFO Elizabeth Mann selling 300 shares for $80,400, indicating notable insider trading activity.
• Verisk Analytics reported $1.88 EPS for the last quarter, surpassing expectations, while setting FY 2025 guidance at $6.800-7.000 EPS.

Advisors Capital Management LLC lessened its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 14.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 6,956 shares of the business services provider's stock after selling 1,168 shares during the period. Advisors Capital Management LLC's holdings in Verisk Analytics were worth $2,070,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Assenagon Asset Management S.A. lifted its position in shares of Verisk Analytics by 225.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 14,919 shares of the business services provider's stock valued at $4,440,000 after acquiring an additional 10,331 shares during the last quarter. Simon Quick Advisors LLC acquired a new stake in shares of Verisk Analytics during the 1st quarter valued at $237,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Verisk Analytics during the 1st quarter valued at $202,000. Vontobel Holding Ltd. lifted its position in shares of Verisk Analytics by 21.9% during the 1st quarter. Vontobel Holding Ltd. now owns 77,807 shares of the business services provider's stock valued at $23,157,000 after acquiring an additional 13,995 shares during the last quarter. Finally, Summit Trail Advisors LLC lifted its position in shares of Verisk Analytics by 88.4% during the 1st quarter. Summit Trail Advisors LLC now owns 2,018 shares of the business services provider's stock valued at $601,000 after acquiring an additional 947 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company's stock.

Insiders Place Their Bets

In other news, insider Nicholas Daffan sold 5,420 shares of the company's 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 transaction, the insider directly owned 54,337 shares of the company's stock, valued at approximately $14,399,305. This represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Elizabeth Mann sold 300 shares of the company's stock in a transaction 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 directly owned 15,465 shares in the company, valued at $4,144,620. This trade represents a 1.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,965 shares of company stock valued at $3,925,916 in the last three months. Company insiders own 0.46% of the company's stock.

Verisk Analytics Price Performance

VRSK opened at $262.20 on Friday. The stock has a fifty day moving average of $279.01 and a 200-day moving average of $292.89. The firm has a market capitalization of $36.63 billion, a P/E ratio of 40.40, a PEG ratio of 3.77 and a beta of 0.86. Verisk Analytics, Inc. has a 12-month low of $259.01 and a 12-month high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34.

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, beating analysts' consensus estimates of $1.77 by $0.11. The company had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The company's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently declared 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 of this dividend 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 27.73%.

Analyst Upgrades and Downgrades

VRSK has been the subject of a number of recent research reports. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an "outperform" rating in a research report on Monday, August 4th. UBS Group cut their price objective on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a research report on Thursday, July 31st. Morgan Stanley increased 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. Finally, Wolfe Research initiated coverage on Verisk Analytics in a report on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 target price for the company. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $306.91.

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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