Lee Shavel Sells 1,100 Shares of Verisk Analytics (NASDAQ:VRSK) Stock

Key Points

• Lee Shavel, the CEO of Verisk Analytics, recently sold **1,100 shares** of the company's stock at an average price of **$268.00**, totaling approximately **$294,800**.
• The company reported a **7.8% increase** in revenue year-over-year, with earnings per share of **$1.88** for the last quarter, surpassing analyst estimates.
• Verisk Analytics announced a quarterly dividend of **$0.45**, payable on September 30, reflecting an annual yield of **0.7%** and a payout ratio of **27.73%**.

Verisk Analytics, Inc. (NASDAQ:VRSK - Get Free Report) CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $268.00, for a total transaction of $294,800.00. Following the transaction, the chief executive officer directly owned 80,007 shares of the company's stock, valued at approximately $21,441,876. This represents a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Lee Shavel also recently made the following trade(s):

• On Monday, August 18th, Lee Shavel sold 1,100 shares of Verisk Analytics stock. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00.

Verisk Analytics Trading Up 0.4%

VRSK traded up $1.06 on Thursday, reaching $271.91. 859,378 shares of the company traded hands, compared to its average volume of 1,260,122. Verisk Analytics, Inc. has a one year low of $259.01 and a one year high of $322.92. The firm has a fifty day simple moving average of $292.49 and a two-hundred day simple moving average of $295.95. The company has a market cap of $37.99 billion, a P/E ratio of 41.90, a price-to-earnings-growth ratio of 3.84 and a beta of 0.83. 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 announced 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 net margin of 30.67% and a return on equity of 460.89%. The company had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same quarter last year, the business posted $1.74 EPS. The firm's revenue for the quarter was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities research analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VRSK. Louisbourg Investments Inc. acquired a new position in Verisk Analytics during the 1st quarter valued at approximately $25,000. AlphaCore Capital LLC acquired a new position in Verisk Analytics during the 2nd quarter valued at approximately $27,000. Osterweis Capital Management Inc. acquired a new position in Verisk Analytics during the 2nd quarter valued at approximately $28,000. Spurstone Advisory Services LLC acquired a new position in Verisk Analytics during the 2nd quarter valued at approximately $29,000. Finally, NewSquare Capital LLC increased its stake in Verisk Analytics by 69.0% during the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider's stock valued at $31,000 after purchasing an additional 40 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company's stock.

Analyst Ratings Changes

VRSK has been the subject of several recent research reports. Robert W. Baird boosted their price target on shares of Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the stock an "outperform" rating in a research report on Monday, August 4th. UBS Group decreased their price objective on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Finally, Morgan Stanley lifted their target price on Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Four 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. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $305.60.

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.