Investors sold shares of Verisk Analytics, Inc. (NASDAQ:VRSK) on strength during trading hours on Friday. $22.46 million flowed into the stock on the tick-up and $54.53 million flowed out of the stock on the tick-down, for a money net flow of $32.07 million out of the stock. Of all equities tracked, Verisk Analytics had the 19th highest net out-flow for the day. Verisk Analytics traded up $1.04 for the day and closed at $91.86
VRSK has been the subject of several recent analyst reports. Cantor Fitzgerald reiterated a “buy” rating and set a $92.00 price objective on shares of Verisk Analytics in a research report on Wednesday, November 1st. Robert W. Baird reiterated a “buy” rating on shares of Verisk Analytics in a research report on Wednesday, November 1st. Morgan Stanley increased their price objective on shares of Verisk Analytics from $82.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd. BMO Capital Markets increased their price objective on shares of Verisk Analytics from $83.00 to $91.00 and gave the stock a “market perform” rating in a research report on Thursday, November 2nd. Finally, Zacks Investment Research cut shares of Verisk Analytics from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $88.29.
The company has a market capitalization of $15,005.08, a PE ratio of 28.47, a price-to-earnings-growth ratio of 3.24 and a beta of 0.76. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.36.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.06. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. The company had revenue of $549.10 million for the quarter, compared to the consensus estimate of $527.97 million. During the same period in the prior year, the firm posted $0.84 EPS. Verisk Analytics’s revenue for the quarter was up 10.2% on a year-over-year basis. equities analysts expect that Verisk Analytics, Inc. will post 3.17 EPS for the current fiscal year.
In other Verisk Analytics news, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction 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 directly owns 105,525 shares of the company’s stock, valued at $8,705,812.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Scott G. Stephenson acquired 22,200 shares of the company’s stock in a transaction on Monday, November 6th. The shares were purchased at an average cost of $91.16 per share, with a total value of $2,023,752.00. Following the completion of the purchase, the chief executive officer now directly owns 577,441 shares of the company’s stock, valued at $52,639,521.56. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 318,146 shares of company stock worth $27,443,084. Insiders own 3.41% of the company’s stock.
A number of large investors have recently made changes to their positions in VRSK. Parkside Financial Bank & Trust raised its holdings in shares of Verisk Analytics by 40.3% in the second quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock worth $112,000 after acquiring an additional 380 shares during the last quarter. Huntington National Bank lifted its stake in shares of Verisk Analytics by 29.6% in the second quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock worth $131,000 after acquiring an additional 354 shares in the last quarter. Advisory Services Network LLC lifted its stake in shares of Verisk Analytics by 300.5% in the second quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock worth $143,000 after acquiring an additional 1,268 shares in the last quarter. Perigon Wealth Management LLC lifted its stake in shares of Verisk Analytics by 61.2% in the second quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after acquiring an additional 669 shares in the last quarter. Finally, BB&T Investment Services Inc. acquired a new position in shares of Verisk Analytics in the second quarter worth about $153,000. 93.65% of the stock is owned by institutional investors.
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About Verisk Analytics
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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