Verisk Analytics, Inc. $VRSK Position Lessened by C WorldWide Group Holding A S

C WorldWide Group Holding A S trimmed its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 17.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 42,022 shares of the business services provider’s stock after selling 8,798 shares during the quarter. C WorldWide Group Holding A S’s holdings in Verisk Analytics were worth $13,090,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NewSquare Capital LLC increased its position in Verisk Analytics by 69.0% during the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after buying an additional 40 shares during the last quarter. Hantz Financial Services Inc. increased its position in Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after buying an additional 42 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in Verisk Analytics during the second quarter worth $41,000. Ameritas Advisory Services LLC acquired a new position in Verisk Analytics during the second quarter worth $48,000. Finally, Chilton Capital Management LLC acquired a new position in Verisk Analytics during the second quarter worth $51,000. 90.00% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Verisk Analytics

In other news, Director Gregory Hendrick bought 500 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The shares were acquired at an average cost of $216.14 per share, with a total value of $108,070.00. Following the completion of the transaction, the director directly owned 2,536 shares in the company, valued at $548,131.04. This represents a 24.56% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $242.23, for a total value of $72,669.00. Following the sale, the chief financial officer directly owned 14,865 shares in the company, valued at approximately $3,600,748.95. This trade represents a 1.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders acquired 2,450 shares of company stock valued at $574,463 and sold 8,520 shares valued at $2,255,396. 0.46% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

VRSK has been the topic of several analyst reports. The Goldman Sachs Group lowered their target price on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Rothschild Redb downgraded Verisk Analytics from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. Royal Bank Of Canada lowered their price target on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. Finally, Weiss Ratings downgraded Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $282.14.

Verisk Analytics Trading Down 2.7%

Shares of NASDAQ:VRSK opened at $214.05 on Thursday. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92. The company has a market cap of $29.83 billion, a P/E ratio of 32.63, a P/E/G ratio of 2.75 and a beta of 0.85. The stock’s 50-day moving average is $245.41 and its 200-day moving average is $278.78. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.53 and a current ratio of 1.19.

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

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. Verisk Analytics’s dividend payout ratio (DPR) is 27.44%.

Verisk Analytics 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.