Verisk Analytics, Inc. (NASDAQ:VRSK) Insider Sells $1,630,360.34 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK - Get Free Report) insider Nicholas Daffan sold 5,419 shares of the business's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total transaction of $1,630,360.34. Following the sale, the insider directly owned 55,913 shares of the company's stock, valued at $16,821,985.18. This represents a 8.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Nicholas Daffan also recently made the following trade(s):

• On Wednesday, June 4th, Nicholas Daffan sold 5,419 shares of Verisk Analytics stock. The stock was sold at an average price of $318.10, for a total transaction of $1,723,783.90.

Verisk Analytics Trading Down 0.7%

Shares of NASDAQ VRSK traded down $2.27 during midday trading on Tuesday, reaching $305.90. 94,577 shares of the stock were exchanged, compared to its average volume of 774,501. The stock has a 50 day moving average price of $308.64 and a 200-day moving average price of $294.87. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 26.13. Verisk Analytics, Inc. has a 52-week low of $257.59 and a 52-week high of $322.92. The company has a market capitalization of $42.79 billion, a P/E ratio of 44.81, a P/E/G ratio of 3.77 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The business services provider reported $1.73 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.05. The firm had revenue of $753.00 million for the quarter, compared to analysts' expectations of $750.31 million. Verisk Analytics had a net margin of 33.13% and a return on equity of 396.08%. Verisk Analytics's revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.63 earnings per share. Equities research analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid a $0.45 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.59%. Verisk Analytics's dividend payout ratio (DPR) is presently 26.35%.

Institutional Trading of Verisk Analytics

Institutional investors have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. boosted its holdings in shares of Verisk Analytics by 1.1% during the first quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider's stock valued at $945,000 after acquiring an additional 35 shares during the period. Bennett Selby Investments LP lifted its position in shares of Verisk Analytics by 3.1% in the first quarter. Bennett Selby Investments LP now owns 1,208 shares of the business services provider's stock worth $359,000 after purchasing an additional 36 shares in the last quarter. Private Trust Co. NA lifted its position in shares of Verisk Analytics by 10.2% in the first quarter. Private Trust Co. NA now owns 389 shares of the business services provider's stock worth $116,000 after purchasing an additional 36 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its position in Verisk Analytics by 3.1% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,213 shares of the business services provider's stock valued at $334,000 after acquiring an additional 37 shares in the last quarter. Finally, Frank Rimerman Advisors LLC raised its position in Verisk Analytics by 3.3% during the first quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider's stock valued at $350,000 after acquiring an additional 38 shares in the last quarter. Institutional investors own 90.00% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on VRSK shares. Robert W. Baird boosted their target price 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. Bank of America started coverage on shares of Verisk Analytics in a report on Thursday, April 10th. They issued an "underperform" rating and a $280.00 target price for the company. Finally, UBS Group raised their target price on shares of Verisk Analytics from $295.00 to $320.00 and gave the stock a "neutral" rating in a research note on Monday, May 12th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $302.40.

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.