Verisk Analytics (NASDAQ:VRSK) had its target price boosted by JPMorgan Chase & Co. from $90.00 to $100.00 in a report issued on Thursday. They currently have a neutral rating on the business services provider’s stock.
VRSK has been the topic of several other reports. Cantor Fitzgerald reiterated a buy rating and set a $108.00 price objective on shares of Verisk Analytics in a research report on Friday, December 8th. BidaskClub cut shares of Verisk Analytics from a strong-buy rating to a buy rating in a research report on Thursday, January 4th. Morgan Stanley boosted their price target on shares of Verisk Analytics from $91.00 to $106.00 and gave the company an equal weight rating in a report on Wednesday, January 31st. Robert W. Baird restated a buy rating on shares of Verisk Analytics in a report on Wednesday, November 1st. Finally, Zacks Investment Research upgraded shares of Verisk Analytics from a hold rating to a buy rating and set a $107.00 price target on the stock in a report on Saturday, January 6th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $96.85.
Verisk Analytics (NASDAQ:VRSK) opened at $98.79 on Thursday. Verisk Analytics has a 52-week low of $75.60 and a 52-week high of $100.54. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a market cap of $16,177.69, a P/E ratio of 36.32, a price-to-earnings-growth ratio of 2.50 and a beta of 0.76.
In other Verisk Analytics news, CFO Lee Shavel acquired 399 shares of Verisk Analytics stock in a transaction that occurred on Monday, February 12th. The stock was acquired at an average price of $94.05 per share, with a total value of $37,525.95. Following the purchase, the chief financial officer now owns 23,128 shares in the company, valued at $2,175,188.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $92.72, for a total transaction of $278,160.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have bought 1,177 shares of company stock worth $112,591 and have sold 31,526 shares worth $2,987,428. Insiders own 3.41% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in VRSK. Dimensional Fund Advisors LP lifted its stake in shares of Verisk Analytics by 4.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 559,629 shares of the business services provider’s stock valued at $47,214,000 after purchasing an additional 24,249 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Verisk Analytics by 2.7% in the 2nd quarter. HighTower Advisors LLC now owns 3,914 shares of the business services provider’s stock valued at $326,000 after purchasing an additional 104 shares during the last quarter. Macquarie Group Ltd. lifted its stake in shares of Verisk Analytics by 118.5% in the 2nd quarter. Macquarie Group Ltd. now owns 5,900 shares of the business services provider’s stock valued at $498,000 after purchasing an additional 3,200 shares during the last quarter. Gotham Asset Management LLC lifted its stake in shares of Verisk Analytics by 1.7% in the 2nd quarter. Gotham Asset Management LLC now owns 2,702 shares of the business services provider’s stock valued at $228,000 after purchasing an additional 46 shares during the last quarter. Finally, Advisory Services Network LLC lifted its stake in shares of Verisk Analytics by 300.5% in the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 1,268 shares during the last quarter. 92.91% of the stock is owned by institutional investors and hedge funds.
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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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