Verisk Analytics, Inc. (NASDAQ:VRSK) EVP Kenneth E. Thompson sold 60,569 shares of the firm’s stock in a transaction on Tuesday, March 20th. The shares were sold at an average price of $105.15, for a total transaction of $6,368,830.35. Following the transaction, the executive vice president now directly owns 67,551 shares of the company’s stock, valued at approximately $7,102,987.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Verisk Analytics stock opened at $105.05 on Thursday. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $106.07. The firm has a market cap of $17,153.89, a price-to-earnings ratio of 31.83, a P/E/G ratio of 2.39 and a beta of 0.71. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.45 and a current ratio of 0.45.
Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.56. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The business had revenue of $570.30 million during the quarter, compared to the consensus estimate of $557.09 million. During the same quarter last year, the firm earned $0.80 earnings per share. Verisk Analytics’s quarterly revenue was up 12.7% on a year-over-year basis. analysts expect that Verisk Analytics, Inc. will post 3.97 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dupont Capital Management Corp bought a new position in Verisk Analytics during the fourth quarter worth $112,000. Fusion Family Wealth LLC bought a new position in Verisk Analytics during the fourth quarter worth $116,000. Virtue Capital Management LLC bought a new position in Verisk Analytics during the fourth quarter worth $121,000. Bank of Nova Scotia Trust Co. bought a new stake in Verisk Analytics in the third quarter valued at $164,000. Finally, Calton & Associates Inc. bought a new stake in Verisk Analytics in the fourth quarter valued at $183,000. 92.44% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have recently issued reports on VRSK shares. Cantor Fitzgerald reaffirmed a “buy” rating and set a $108.00 price target on shares of Verisk Analytics in a research note on Friday, December 8th. Zacks Investment Research downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Saturday, January 13th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $106.00 price target on shares of Verisk Analytics in a research note on Friday, December 22nd. Royal Bank of Canada reaffirmed a “hold” rating and set a $90.00 price target on shares of Verisk Analytics in a research note on Sunday, December 10th. Finally, Morgan Stanley set a $107.00 price target on shares of Verisk Analytics and gave the company a “hold” rating in a research note on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $103.07.
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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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