Verisk Analytics, Inc. $VRSK Shares Sold by Voleon Capital Management LP

Key Points

• Voleon Capital Management LP reduced its holdings in Verisk Analytics by 48.4%, selling 1,404 shares, and now owns 1,495 shares worth approximately $445,000.
• Research analysts have given mixed ratings on Verisk Analytics, with five Buy ratings, five Hold ratings, and one Sell rating, and an average price target of $306.91.
• Verisk Analytics reported a 7.8% increase in revenue year-over-year for the last quarter, posting $772.60 million and $1.88 EPS, beating estimates.

Voleon Capital Management LP lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 48.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,495 shares of the business services provider's stock after selling 1,404 shares during the quarter. Voleon Capital Management LP's holdings in Verisk Analytics were worth $445,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VRSK. Focus Partners Wealth raised its stake in Verisk Analytics by 132.8% during the fourth quarter. Focus Partners Wealth now owns 32,652 shares of the business services provider's stock valued at $8,994,000 after purchasing an additional 18,627 shares in the last quarter. Gotham Asset Management LLC grew its holdings in Verisk Analytics by 28.6% during the 4th quarter. Gotham Asset Management LLC now owns 21,094 shares of the business services provider's stock worth $5,810,000 after acquiring an additional 4,694 shares in the last quarter. Minot DeBlois Advisors LLC bought a new position in Verisk Analytics during the 4th quarter worth about $39,000. OMERS ADMINISTRATION Corp grew its holdings in Verisk Analytics by 17.6% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 6,150 shares of the business services provider's stock worth $1,694,000 after acquiring an additional 920 shares in the last quarter. Finally, NorthRock Partners LLC purchased a new stake in shares of Verisk Analytics during the fourth quarter valued at about $583,000. Hedge funds and other institutional investors own 90.00% of the company's stock.

Insider Activity

In other news, insider Kathy Card Beckles sold 326 shares of Verisk Analytics stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total transaction of $98,080.36. Following the completion of the transaction, the insider directly owned 9,319 shares of the company's stock, valued at $2,803,714.34. The trade was a 3.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares of the company's stock, valued at approximately $21,147,865.07. This trade represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,965 shares of company stock worth $3,925,916. 0.46% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. 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 price target on the stock. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an "outperform" rating in a report on Monday, August 4th. Morgan Stanley lifted their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Finally, UBS Group lowered their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Verisk Analytics currently has an average rating of "Hold" and an average price target of $306.91.

Verisk Analytics Stock Performance

VRSK traded down $2.10 during trading on Monday, reaching $259.65. 153,142 shares of the company's stock were exchanged, compared to its average volume of 908,732. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market capitalization of $36.28 billion, a P/E ratio of 40.04, a price-to-earnings-growth ratio of 3.72 and a beta of 0.86. The company's fifty day simple moving average is $279.01 and its 200-day simple moving average is $292.95. Verisk Analytics, Inc. has a 1 year low of $259.01 and a 1 year high of $322.92.

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

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. Verisk Analytics's payout ratio is 27.73%.

Verisk Analytics Company 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.