Insider Selling: Director of Verisk Analytics, Inc. (NASDAQ: VRSK) Sells 4,039 Shares
Verisk Analytics, Inc. (NASDAQ: VRSK – Get a rating) Director Samuel G. Liss sold 4,039 shares of Verisk Analytics in a trade on Thursday, June 9. The shares were sold at an average price of $170.00, for a total value of $686,630.00. Following the completion of the sale, the director now directly owns 64,212 shares of the company, valued at approximately $10,916,040. The sale was disclosed in a legal filing with the Securities & Exchange Commission, accessible via the SEC website.
Verisk Analytics stock traded at $2.69 at midday Friday, hitting $164.10. The stock recorded a trading volume of 766,593 shares, compared to an average volume of 1,195,328 shares. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt ratio of 0.88. The stock has a market capitalization of $25.91 billion, a P/E ratio of 26.99, a P/E/G ratio of 2.92 and a beta of 0.88. Verisk Analytics, Inc. has a 12-month low of $163.00 and a 12-month high of $231.57. The company has a fifty-day moving average price of $192.53 and a 200-day moving average price of $201.39.
Verisk Analytics (NASDAQ: VRSK- Get a rating) last reported results on Tuesday, May 3. The business services provider reported EPS of $1.34 for the quarter, missing the consensus estimate of $1.39 per ($0.05). The company posted revenue of $775.50 million for the quarter, versus a consensus estimate of $773.79 million. Verisk Analytics had a net margin of 32.92% and a return on equity of 32.10%. The company’s revenue for the quarter increased by 6.8% compared to the same quarter last year. During the same period last year, the company posted earnings per share of $1.23. On average, stock analysts expect Verisk Analytics, Inc. to post EPS of 5.7 for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 30. Shareholders of record on Wednesday, June 15 will receive a dividend of $0.31 per share. This represents an annualized dividend of $1.24 and a dividend yield of 0.76%. The ex-dividend date is Tuesday, June 14. Verisk Analytics’ dividend payout ratio (DPR) is currently 20.06%.
A number of equity research analysts have recently commented on VRSK shares. Bank of America began covering Verisk Analytics in a research report on Friday, March 11. They issued an “underperforming” rating for the company. StockNews.com assumed coverage on Verisk Analytics in a Thursday, March 31 report. They issued a “hold” rating on the stock. Jefferies Financial Group raised its price target on Verisk Analytics from $218.00 to $230.00 and gave the company a “buy” rating in a Friday, March 18 report. Royal Bank of Canada raised its target price on Verisk Analytics from $210.00 to $230.00 and gave the company an “outperform” rating in a Thursday, April 14 report. Finally, BMO Capital Markets cut its target price on Verisk Analytics from $225.00 to $205.00 and set a “hold” rating on the stock in a Thursday, May 5 report. Two equity research analysts gave the stock a sell rating, four gave the stock a hold rating and six gave the stock a buy rating. According to MarketBeat.com, Verisk Analytics currently has a consensus rating of “Hold” and an average target price of $219.80.
Major investors have recently been buying and selling shares of the company. Brinker Capital Investments LLC increased its holdings of Verisk Analytics shares by 404.5% during the fourth quarter. Brinker Capital Investments LLC now owns 12,638 shares of the business services provider valued at $2,891,000 after buying an additional 10,133 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings of Verisk Analytics shares by 8.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,385 shares of the business services provider valued at $2,375,000 after buying 814 additional shares in the last quarter. Icon Wealth Partners LLC increased its holdings of Verisk Analytics shares by 0.6% during the fourth quarter. Icon Wealth Partners LLC now owns 8,890 shares of the business services provider valued at $2,033,000 after buying 53 additional shares in the last quarter. Cross Staff Investments Inc acquired a new stock position in Verisk Analytics during the fourth quarter worth approximately $307,000. Finally, Exencial Wealth Advisors LLC increased its position in Verisk Analytics shares by 2.4% during the fourth quarter. Exencial Wealth Advisors LLC now owns 18,466 shares of the business services provider worth $4,224,000 after purchasing an additional 424 shares during the period. 91.29% of the shares are held by institutional investors.
About Verisk Analytics (Get a rating)
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. The Company provides predictive analytics and decision support solutions to clients in the areas of rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resource intelligence, economic forecasting, commercial banking and finance, and various other fields.
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