Friedberg Investment Management Has $1.94 Million Holdings in Verisk Analytics, Inc. (VRSK)

Friedberg Investment Management lessened its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 19.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,940 shares of the business services provider’s stock after selling 5,390 shares during the quarter. Friedberg Investment Management’s holdings in Verisk Analytics were worth $1,935,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VRSK. BlackRock Inc. boosted its holdings in Verisk Analytics by 2,758.9% in the 1st quarter. BlackRock Inc. now owns 9,612,882 shares of the business services provider’s stock valued at $779,989,000 after purchasing an additional 9,276,635 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Verisk Analytics by 1,487.4% in the 2nd quarter. Janus Henderson Group PLC now owns 5,502,847 shares of the business services provider’s stock valued at $464,275,000 after purchasing an additional 5,156,187 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Verisk Analytics by 96.3% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,199,787 shares of the business services provider’s stock valued at $340,771,000 after purchasing an additional 2,060,620 shares in the last quarter. Neuberger Berman Group LLC boosted its holdings in Verisk Analytics by 70.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 2,872,109 shares of the business services provider’s stock valued at $242,320,000 after purchasing an additional 1,190,340 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Verisk Analytics by 5.0% in the 2nd quarter. Vanguard Group Inc. now owns 15,353,093 shares of the business services provider’s stock valued at $1,295,340,000 after purchasing an additional 734,200 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: “Friedberg Investment Management Has $1.94 Million Holdings in Verisk Analytics, Inc. (VRSK)” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another domain, it was stolen and reposted in violation of US & international trademark & copyright laws. The correct version of this piece of content can be viewed at https://ledgergazette.com/2017/10/08/friedberg-investment-management-has-1-94-million-holdings-in-verisk-analytics-inc-vrsk.html.

A number of brokerages have weighed in on VRSK. Zacks Investment Research lowered Verisk Analytics from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. UBS AG reaffirmed a “sell” rating and issued a $75.00 price objective (up previously from $71.00) on shares of Verisk Analytics in a report on Friday, July 14th. SunTrust Banks, Inc. lowered Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price objective on the stock. in a report on Thursday, August 3rd. Keefe, Bruyette & Woods set a $90.00 price objective on Verisk Analytics and gave the company a “buy” rating in a report on Monday, August 21st. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a $85.00 price objective (up previously from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $84.83.

In other news, Director David B. Wright sold 10,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total value of $808,200.00. Following the completion of the transaction, the director now directly owns 13,951 shares in the company, valued at $1,127,519.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $82.50, for a total transaction of $247,500.00. Following the completion of the transaction, the director now owns 105,525 shares of the company’s stock, valued at $8,705,812.50. The disclosure for this sale can be found here. Insiders sold 17,304 shares of company stock valued at $1,410,728 over the last quarter. Insiders own 3.41% of the company’s stock.

Shares of Verisk Analytics, Inc. (NASDAQ VRSK) traded down 0.36% during midday trading on Friday, hitting $83.50. The stock had a trading volume of 493,867 shares. Verisk Analytics, Inc. has a one year low of $75.60 and a one year high of $88.17. The firm has a 50 day moving average of $81.71 and a 200-day moving average of $81.85. The company has a market cap of $13.74 billion, a P/E ratio of 30.35 and a beta of 0.70.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.05. The business had revenue of $523.20 million during the quarter, compared to analysts’ expectations of $519.67 million. Verisk Analytics had a net margin of 2

A number of other institutional investors and hedge funds have also made changes to their positions in VRSK. BlackRock Inc. boosted its holdings in Verisk Analytics by 2,758.9% in the 1st quarter. BlackRock Inc. now owns 9,612,882 shares of the business services provider’s stock valued at $779,989,000 after purchasing an additional 9,276,635 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Verisk Analytics by 1,487.4% in the 2nd quarter. Janus Henderson Group PLC now owns 5,502,847 shares of the business services provider’s stock valued at $464,275,000 after purchasing an additional 5,156,187 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Verisk Analytics by 96.3% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,199,787 shares of the business services provider’s stock valued at $340,771,000 after purchasing an additional 2,060,620 shares in the last quarter. Neuberger Berman Group LLC boosted its holdings in Verisk Analytics by 70.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 2,872,109 shares of the business services provider’s stock valued at $242,320,000 after purchasing an additional 1,190,340 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Verisk Analytics by 5.0% in the 2nd quarter. Vanguard Group Inc. now owns 15,353,093 shares of the business services provider’s stock valued at $1,295,340,000 after purchasing an additional 734,200 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: “Friedberg Investment Management Has $1.94 Million Holdings in Verisk Analytics, Inc. (VRSK)” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another domain, it was stolen and reposted in violation of US & international trademark & copyright laws. The correct version of this piece of content can be viewed at https://ledgergazette.com/2017/10/08/friedberg-investment-management-has-1-94-million-holdings-in-verisk-analytics-inc-vrsk.html.

A number of brokerages have weighed in on VRSK. Zacks Investment Research lowered Verisk Analytics from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. UBS AG reaffirmed a “sell” rating and issued a $75.00 price objective (up previously from $71.00) on shares of Verisk Analytics in a report on Friday, July 14th. SunTrust Banks, Inc. lowered Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price objective on the stock. in a report on Thursday, August 3rd. Keefe, Bruyette & Woods set a $90.00 price objective on Verisk Analytics and gave the company a “buy” rating in a report on Monday, August 21st. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a $85.00 price objective (up previously from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $84.83.

In other news, Director David B. Wright sold 10,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total value of $808,200.00. Following the completion of the transaction, the director now directly owns 13,951 shares in the company, valued at $1,127,519.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $82.50, for a total transaction of $247,500.00. Following the completion of the transaction, the director now owns 105,525 shares of the company’s stock, valued at $8,705,812.50. The disclosure for this sale can be found here. Insiders sold 17,304 shares of company stock valued at $1,410,728 over the last quarter. Insiders own 3.41% of the company’s stock.

Shares of Verisk Analytics, Inc. (NASDAQ VRSK) traded down 0.36% during midday trading on Friday, hitting $83.50. The stock had a trading volume of 493,867 shares. Verisk Analytics, Inc. has a one year low of $75.60 and a one year high of $88.17. The firm has a 50 day moving average of $81.71 and a 200-day moving average of $81.85. The company has a market cap of $13.74 billion, a P/E ratio of 30.35 and a beta of 0.70.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.05. The business had revenue of $523.20 million during the quarter, compared to analysts’ expectations of $519.67 million. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $0.73 earnings per share. On average, analysts forecast that Verisk Analytics, Inc. will post $3.13 earnings per share for the current fiscal year.

Verisk Analytics Profile

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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