Mark V. Anquillare Sells 20,000 Shares of Verisk Analytics Inc. (VRSK) Stock
Verisk Analytics Inc. (NASDAQ:VRSK) COO Mark V. Anquillare sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, October 13th. The stock was sold at an average price of $78.88, for a total value of $1,577,600.00. Following the completion of the sale, the chief operating officer now owns 74,090 shares in the company, valued at approximately $5,844,219.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Verisk Analytics Inc. (NASDAQ:VRSK) opened at 79.47 on Tuesday. The company has a market capitalization of $13.43 billion, a PE ratio of 22.80 and a beta of 0.54. The stock’s 50 day moving average price is $81.33 and its 200 day moving average price is $80.54. Verisk Analytics Inc. has a 12-month low of $64.79 and a 12-month high of $86.00.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by $0.03. The business earned $498.30 million during the quarter, compared to the consensus estimate of $504.44 million. Verisk Analytics had a return on equity of 39.49% and a net margin of 28.54%. The business’s quarterly revenue was up 16.3% on a year-over-year basis. During the same period last year, the firm earned $0.77 EPS. On average, equities analysts anticipate that Verisk Analytics Inc. will post $3.00 EPS for the current fiscal year.
Several research firms recently weighed in on VRSK. Cantor Fitzgerald set a $87.00 price target on Verisk Analytics and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Saturday, August 6th. Morgan Stanley reiterated an “overweight” rating on shares of Verisk Analytics in a research note on Wednesday, June 29th. Finally, Macquarie assumed coverage on Verisk Analytics in a research note on Thursday, August 25th. They set a “neutral” rating and a $88.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Verisk Analytics has an average rating of “Hold” and an average price target of $84.80.
A number of institutional investors have recently modified their holdings of the company. National Pension Service increased its position in shares of Verisk Analytics by 9.2% in the third quarter. National Pension Service now owns 127,570 shares of the company’s stock worth $10,369,000 after buying an additional 10,728 shares during the period. Parametrica Management Ltd acquired a new position in shares of Verisk Analytics during the third quarter worth approximately $286,000. Capstone Asset Management Co. increased its position in shares of Verisk Analytics by 2.4% in the third quarter. Capstone Asset Management Co. now owns 19,513 shares of the company’s stock worth $1,586,000 after buying an additional 460 shares during the period. FCM Investments TX increased its position in shares of Verisk Analytics by 0.3% in the third quarter. FCM Investments TX now owns 33,884 shares of the company’s stock worth $2,754,000 after buying an additional 100 shares during the period. Finally, Eagle Asset Management Inc. increased its position in shares of Verisk Analytics by 3.2% in the third quarter. Eagle Asset Management Inc. now owns 288,528 shares of the company’s stock worth $23,451,000 after buying an additional 9,040 shares during the period. 90.79% of the stock is owned by institutional investors.
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others.
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