Verisk Analytics (NASDAQ:VRSK) CFO Elizabeth Mann Sells 300 Shares

Key Points

• Verisk Analytics CFO Elizabeth Mann sold 300 shares of the company's stock on October 15th at an average price of $242.23, decreasing her ownership by 1.98% to approximately 14,865 shares.
• The company reported a quarterly earnings per share (EPS) of $1.88, surpassing estimates, with revenue of $772.60 million, reflecting a 7.8% increase year-over-year.
• Verisk Analytics declared a quarterly dividend of $0.45, resulting in an annualized dividend yield of 0.7% and a payout ratio of 27.73%.

Verisk Analytics, Inc. (NASDAQ:VRSK - Get Free Report) CFO Elizabeth Mann sold 300 shares of the business's stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $242.23, for a total value of $72,669.00. Following the sale, the chief financial officer directly owned 14,865 shares in the company, valued at approximately $3,600,748.95. The trade was a 1.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Elizabeth Mann also recently made the following trade(s):

• On Tuesday, September 16th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The stock was sold at an average price of $254.72, for a total value of $76,416.00.
• On Friday, August 15th, Elizabeth Mann sold 300 shares of Verisk Analytics stock. The stock was sold at an average price of $268.00, for a total value of $80,400.00.

Verisk Analytics Price Performance

NASDAQ:VRSK traded up $0.62 during midday trading on Wednesday, hitting $243.98. 1,349,121 shares of the stock were exchanged, compared to its average volume of 1,234,039. Verisk Analytics, Inc. has a one year low of $239.78 and a one year high of $322.92. The company has a market capitalization of $34.09 billion, a price-to-earnings ratio of 37.59, a P/E/G ratio of 3.44 and a beta of 0.85. The business has a 50-day moving average price of $257.60 and a two-hundred day moving average price of $285.57. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $767.91 million. During the same quarter in the previous year, the company earned $1.74 earnings per share. The firm's quarterly revenue was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Sell-side analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

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

Hedge Funds Weigh In On Verisk Analytics

Several institutional investors and hedge funds have recently added to or reduced their stakes in VRSK. Louisbourg Investments Inc. purchased a new position in Verisk Analytics during the 1st quarter worth approximately $25,000. AlphaCore Capital LLC purchased a new position in shares of Verisk Analytics during the 2nd quarter valued at $27,000. Osterweis Capital Management Inc. purchased a new position in shares of Verisk Analytics during the 2nd quarter valued at $28,000. Spurstone Advisory Services LLC purchased a new position in shares of Verisk Analytics during the 2nd quarter valued at $29,000. Finally, NewSquare Capital LLC grew its holdings in shares of 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 acquiring an additional 40 shares in the last quarter. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VRSK has been the topic of several research reports. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the company an "outperform" rating in a report on Monday, August 4th. Morgan Stanley upped their price target on Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a report on Thursday, July 31st. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Verisk Analytics in a report on Wednesday, October 8th. Wells Fargo & Company dropped their price target on Verisk Analytics from $340.00 to $334.00 and set an "overweight" rating on the stock in a report on Wednesday, September 17th. Finally, UBS Group dropped their price target on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Verisk Analytics presently has a consensus rating of "Moderate Buy" and a consensus price target of $306.55.

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.

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