Verisk Analytics (NASDAQ:VRSK) Director Sabra Purtill Buys 450 Shares

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Sabra Purtill purchased 450 shares of the stock in a transaction on Friday, October 31st. The stock was bought at an average cost of $217.95 per share, for a total transaction of $98,077.50. Following the completion of the acquisition, the director owned 1,327 shares in the company, valued at approximately $289,219.65. This trade represents a 51.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Verisk Analytics Stock Down 1.5%

Verisk Analytics stock opened at $215.40 on Tuesday. The stock has a market cap of $30.02 billion, a P/E ratio of 32.84, a P/E/G ratio of 2.75 and a beta of 0.85. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. Verisk Analytics, Inc. has a twelve month low of $196.99 and a twelve month high of $322.92. The company’s 50-day moving average price is $247.45 and its two-hundred day moving average price is $279.75.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.02. The firm had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The business’s revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be given 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 is Monday, December 15th. Verisk Analytics’s dividend payout ratio is presently 27.44%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. Wolfe Research assumed coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 target price on the stock. Rothschild & Co Redburn restated a “sell” rating and set a $220.00 target price (down previously from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. Seaport Res Ptn upgraded shares of Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. Finally, Wells Fargo & Company decreased their target price on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and an average target price of $282.14.

Institutional Trading of Verisk Analytics

Several large investors have recently made changes to their positions in the company. Cullen Frost Bankers Inc. boosted its position in shares of Verisk Analytics by 1.1% during the 1st quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider’s stock worth $945,000 after acquiring an additional 35 shares in the last quarter. UMB Bank n.a. boosted its position in shares of Verisk Analytics by 0.4% during the 2nd quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock worth $2,809,000 after acquiring an additional 35 shares in the last quarter. NBT Bank N A NY boosted its position in shares of Verisk Analytics by 11.4% during the 2nd quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock worth $106,000 after acquiring an additional 35 shares in the last quarter. Tranquility Partners LLC lifted its stake in Verisk Analytics by 1.1% in the 2nd quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock valued at $1,006,000 after purchasing an additional 35 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in Verisk Analytics by 10.2% in the 1st quarter. Private Trust Co. NA now owns 389 shares of the business services provider’s stock valued at $116,000 after purchasing an additional 36 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Company Profile

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.