Stanley Laman Group Ltd. Purchases 141 Shares of Verisk Analytics, Inc. $VRSK

Stanley Laman Group Ltd. boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 15.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,032 shares of the business services provider’s stock after purchasing an additional 141 shares during the period. Stanley Laman Group Ltd.’s holdings in Verisk Analytics were worth $321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of VRSK. Trust Co. of Toledo NA OH bought a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $41,000. Ameritas Advisory Services LLC purchased a new stake in Verisk Analytics in the second quarter worth $48,000. Wayfinding Financial LLC purchased a new stake in Verisk Analytics in the first quarter worth $48,000. GW&K Investment Management LLC lifted its position in shares of Verisk Analytics by 186.7% during the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after purchasing an additional 112 shares during the last quarter. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Verisk Analytics during the first quarter valued at $52,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

VRSK has been the topic of several recent analyst reports. UBS Group reduced their price target on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Morgan Stanley upped their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. Rothschild & Co Redburn reaffirmed a “sell” rating and set a $220.00 target price (down from $280.00) on shares of Verisk Analytics in a research report on Thursday. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Finally, Wolfe Research started coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $299.33.

Verisk Analytics Price Performance

Shares of VRSK opened at $232.34 on Friday. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. The company has a 50 day moving average price of $256.24 and a 200-day moving average price of $284.53. Verisk Analytics, Inc. has a fifty-two week low of $228.09 and a fifty-two week high of $322.92. The stock has a market capitalization of $32.46 billion, a PE ratio of 35.80, a PEG ratio of 3.06 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.11. The company had revenue of $772.60 million for the quarter, compared to analyst estimates of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. Verisk Analytics’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company posted $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s dividend payout ratio is 27.73%.

Insider Buying and Selling

In other news, Director Christopher John Perry acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were purchased at an average price of $259.80 per share, with a total value of $259,800.00. Following the transaction, the director directly owned 1,773 shares in the company, valued at approximately $460,625.40. This represents a 129.37% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $242.23, for a total transaction of $72,669.00. Following the sale, the chief financial officer directly owned 14,865 shares of the company’s stock, valued at $3,600,748.95. The trade was a 1.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,520 shares of company stock worth $2,255,396 over the last ninety days. 0.46% of the stock is currently owned by company insiders.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.