Neuberger Berman Group LLC cut its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 9.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,681,769 shares of the business services provider’s stock after selling 182,432 shares during the period. Neuberger Berman Group LLC owned 1.02% of Verisk Analytics worth $136,459,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. ING Groep NV purchased a new position in Verisk Analytics during the fourth quarter worth approximately $816,000. ETRADE Capital Management LLC increased its position in Verisk Analytics by 52.3% in the third quarter. ETRADE Capital Management LLC now owns 9,770 shares of the business services provider’s stock worth $795,000 after buying an additional 3,354 shares during the period. D.A. Davidson & CO. increased its position in Verisk Analytics by 26.7% in the third quarter. D.A. Davidson & CO. now owns 19,778 shares of the business services provider’s stock worth $1,604,000 after buying an additional 4,172 shares during the period. Price T Rowe Associates Inc. MD increased its position in Verisk Analytics by 0.5% in the third quarter. Price T Rowe Associates Inc. MD now owns 6,942,650 shares of the business services provider’s stock worth $564,299,000 after buying an additional 36,446 shares during the period. Finally, Covington Capital Management increased its position in Verisk Analytics by 44.7% in the third quarter. Covington Capital Management now owns 8,120 shares of the business services provider’s stock worth $660,000 after buying an additional 2,510 shares during the period. Institutional investors and hedge funds own 92.51% of the company’s stock.

Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

Shares of Verisk Analytics, Inc. (VRSK) traded down 0.006% during trading on Monday, reaching $81.855. 339,723 shares of the company’s stock were exchanged. Verisk Analytics, Inc. has a 52-week low of $75.60 and a 52-week high of $87.40. The company has a market capitalization of $13.53 billion, a PE ratio of 23.006 and a beta of 0.69. The company has a 50 day moving average price of $80.39 and a 200-day moving average price of $81.65.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, May 2nd. The business services provider reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by $0.04. Verisk Analytics had a return on equity of 38.26% and a net margin of 29.06%. The company had revenue of $502.60 million for the quarter, compared to the consensus estimate of $511.99 million. On average, equities analysts forecast that Verisk Analytics, Inc. will post $3.18 earnings per share for the current year.

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A number of research firms recently commented on VRSK. Cantor Fitzgerald reiterated an “overweight” rating on shares of Verisk Analytics in a research note on Wednesday, February 22nd. Citigroup Inc downgraded Verisk Analytics to a “neutral” rating and set a $89.00 price target for the company. in a research note on Wednesday, February 15th. They noted that the move was a valuation call. Susquehanna Bancshares Inc reiterated a “neutral” rating on shares of Verisk Analytics in a research note on Wednesday, February 15th. Zacks Investment Research downgraded Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Friday, February 24th. Finally, Royal Bank of Canada set a $86.00 price target on Verisk Analytics and gave the stock a “hold” rating in a research note on Wednesday, February 22nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $86.89.

In related news, Director Andrew G. Mills sold 3,000 shares of the company’s stock in a transaction dated Monday, April 24th. The shares were sold at an average price of $82.50, for a total value of $247,500.00. Following the sale, the director now owns 110,666 shares of the company’s stock, valued at $9,129,945. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Christopher M. Foskett sold 10,500 shares of the company’s stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of $79.74, for a total transaction of $837,270.00. Following the completion of the sale, the director now directly owns 19,630 shares in the company, valued at approximately $1,565,296.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,989 shares of company stock worth $4,095,185. Insiders own 3.47% of the company’s stock.

Verisk Analytics Company Profile

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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