Verisk Analytics (NASDAQ:VRSK) Insider Sells $1,436,300.00 in Stock

Key Points

• Nicholas Daffan, an insider at Verisk Analytics, sold 5,420 shares of the company on September 3rd, reducing his ownership by 9.07% and totaling over $1.4 million.
• Verisk Analytics announced a quarterly dividend of $0.45 per share, with a payment date of September 30th, representing an annualized yield of 0.7%.
• Analyst ratings for Verisk Analytics are mixed, with a range of target prices from $300 to $335 and an average rating of "Hold".

Verisk Analytics, Inc. (NASDAQ:VRSK - Get Free Report) insider Nicholas Daffan sold 5,420 shares of the firm'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 completion of the sale, the insider owned 54,337 shares of the company's stock, valued at approximately $14,399,305. This trade represents a 9.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Thursday, July 3rd, Nicholas Daffan sold 5,419 shares of Verisk Analytics stock. The shares were sold at an average price of $300.86, for a total value of $1,630,360.34.

Verisk Analytics Price Performance

Shares of NASDAQ:VRSK traded up $2.72 during midday trading on Monday, reaching $273.03. The company's stock had a trading volume of 1,240,251 shares, compared to its average volume of 984,049. Verisk Analytics, Inc. has a fifty-two week low of $259.01 and a fifty-two week high of $322.92. The company has a market capitalization of $38.15 billion, a P/E ratio of 42.07, a P/E/G ratio of 3.83 and a beta of 0.86. 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 business's fifty day simple moving average is $282.25 and its 200-day simple moving average is $293.75.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts' consensus estimates 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 return on equity of 460.89% and a net margin of 30.67%.The company's revenue was up 7.8% on a year-over-year basis. During the same period last year, the company earned $1.74 earnings per share. 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 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, September 15th. Verisk Analytics's dividend payout ratio (DPR) is presently 27.73%.

Hedge Funds Weigh In On Verisk Analytics

Several institutional investors have recently modified their holdings of VRSK. Cullen Frost Bankers Inc. increased its stake in shares of Verisk Analytics by 1.1% in the first quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider's stock valued at $945,000 after buying an additional 35 shares during the period. UMB Bank n.a. lifted its stake in Verisk Analytics by 0.4% in the second quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider's stock valued at $2,809,000 after buying an additional 35 shares during the period. NBT Bank N A NY lifted its stake in Verisk Analytics by 11.4% in the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider's stock valued at $106,000 after buying an additional 35 shares during the period. Tranquility Partners LLC increased its holdings in shares of Verisk Analytics by 1.1% during the second quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider's stock valued at $1,006,000 after acquiring an additional 35 shares in the last quarter. Finally, Bennett Selby Investments LP raised its position in shares of Verisk Analytics by 3.1% during 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 during the period. Institutional investors own 90.00% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. UBS Group lowered 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. Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the stock an "outperform" rating in a report on Monday, August 4th. Wolfe Research assumed coverage on Verisk Analytics in a report on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 target price on the stock. Finally, Morgan Stanley raised their target price on Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, five have issued 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 "Hold" and a consensus price target of $306.91.

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.