Verisk Analytics (VRSK) Sets New 1-Year High and Low at $110.32

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) reached a new 52-week high and low during mid-day trading on Thursday . The company traded as low as $110.32 and last traded at $110.01, with a volume of 14261 shares changing hands. The stock had previously closed at $110.32.

A number of analysts have recently issued reports on the company. BMO Capital Markets restated a “market perform” rating and issued a $102.00 target price (up previously from $100.00) on shares of Verisk Analytics in a report on Thursday, February 22nd. ValuEngine upgraded Verisk Analytics from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Zacks Investment Research upgraded Verisk Analytics from a “hold” rating to a “buy” rating and set a $119.00 target price for the company in a report on Friday, May 4th. SunTrust Banks increased their target price on Verisk Analytics to $105.00 and gave the company a “hold” rating in a report on Thursday, February 22nd. Finally, Wells Fargo & Co restated an “outperform” rating and issued a $115.00 target price (up previously from $105.00) on shares of Verisk Analytics in a report on Thursday, February 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Verisk Analytics presently has a consensus rating of “Buy” and an average price target of $104.36.

The company has a debt-to-equity ratio of 0.93, a current ratio of 0.45 and a quick ratio of 0.45. The firm has a market capitalization of $18.00 billion, a PE ratio of 34.26, a price-to-earnings-growth ratio of 2.02 and a beta of 0.68.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, May 1st. The business services provider reported $0.94 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.94. Verisk Analytics had a return on equity of 31.75% and a net margin of 26.05%. The business had revenue of $581.00 million during the quarter, compared to analyst estimates of $565.41 million. During the same period last year, the company earned $0.74 earnings per share. Verisk Analytics’s quarterly revenue was up 15.6% compared to the same quarter last year. sell-side analysts expect that Verisk Analytics, Inc. will post 4.1 EPS for the current fiscal year.

In other Verisk Analytics news, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction on Monday, May 21st. The shares were sold at an average price of $106.42, for a total transaction of $319,260.00. Following the transaction, the director now directly owns 87,525 shares of the company’s stock, valued at $9,314,410.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Lee Shavel bought 344 shares of the stock in a transaction on Monday, June 11th. The shares were acquired at an average cost of $109.03 per share, for a total transaction of $37,506.32. Following the completion of the transaction, the chief financial officer now directly owns 28,146 shares of the company’s stock, valued at $3,068,758.38. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 1,058 shares of company stock valued at $113,251 and have sold 296,245 shares valued at $31,516,463. 3.19% of the stock is currently owned by company insiders.

A number of institutional investors have recently bought and sold shares of VRSK. Aperio Group LLC increased its position in Verisk Analytics by 3.4% during the fourth quarter. Aperio Group LLC now owns 40,334 shares of the business services provider’s stock worth $3,872,000 after buying an additional 1,335 shares during the last quarter. M&T Bank Corp increased its position in Verisk Analytics by 1.5% during the fourth quarter. M&T Bank Corp now owns 46,584 shares of the business services provider’s stock worth $4,472,000 after buying an additional 705 shares during the last quarter. California Public Employees Retirement System increased its position in Verisk Analytics by 0.6% during the fourth quarter. California Public Employees Retirement System now owns 322,425 shares of the business services provider’s stock worth $30,953,000 after buying an additional 2,050 shares during the last quarter. Swiss National Bank increased its position in Verisk Analytics by 0.4% during the fourth quarter. Swiss National Bank now owns 650,843 shares of the business services provider’s stock worth $62,481,000 after buying an additional 2,900 shares during the last quarter. Finally, New Mexico Educational Retirement Board increased its position in Verisk Analytics by 4.2% during the fourth quarter. New Mexico Educational Retirement Board now owns 14,900 shares of the business services provider’s stock worth $1,430,000 after buying an additional 600 shares during the last quarter. 91.71% of the stock is currently owned by hedge funds and other institutional investors.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

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