Verisk Analytics, Inc. $VRSK Shares Bought by Swiss National Bank

Swiss National Bank increased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 423,500 shares of the business services provider’s stock after acquiring an additional 25,200 shares during the quarter. Swiss National Bank owned approximately 0.30% of Verisk Analytics worth $131,920,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of VRSK. Nuveen LLC acquired a new stake in shares of Verisk Analytics during the first quarter worth $508,611,000. Ameriprise Financial Inc. raised its position in Verisk Analytics by 631.0% during the 1st quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider’s stock worth $422,676,000 after buying an additional 1,221,798 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Verisk Analytics by 36.0% in the 1st quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock worth $669,958,000 after acquiring an additional 596,225 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Verisk Analytics by 35.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider’s stock valued at $492,182,000 after acquiring an additional 434,053 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Verisk Analytics by 52.7% in the first quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider’s stock valued at $339,586,000 after acquiring an additional 393,668 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on VRSK shares. Barclays raised Verisk Analytics from an “equal weight” rating to an “overweight” rating and reduced their price target for the company from $310.00 to $275.00 in a report on Thursday, October 30th. Morgan Stanley raised their target price on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Rothschild Redb cut shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Verisk Analytics in a report on Wednesday. Finally, UBS Group reduced their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Verisk Analytics has a consensus rating of “Hold” and a consensus price target of $282.14.

Insider Transactions at Verisk Analytics

In related news, Director Jeffrey J. Dailey acquired 500 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was bought at an average price of $217.03 per share, with a total value of $108,515.00. Following the purchase, the director directly owned 3,962 shares in the company, valued at $859,872.86. The trade was a 14.44% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Sabra R. Purtill bought 450 shares of the firm’s stock in a transaction that occurred 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 transaction, the director directly owned 1,327 shares of the company’s stock, valued at approximately $289,219.65. The trade was a 51.31% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 1,450 shares of company stock worth $314,663 and sold 7,420 shares worth $1,889,171. Corporate insiders own 0.46% of the company’s stock.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $223.16 on Friday. The firm’s 50-day moving average is $233.51 and its two-hundred day moving average is $272.60. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.53. The stock has a market capitalization of $31.10 billion, a P/E ratio of 34.02, a P/E/G ratio of 2.75 and a beta of 0.84. Verisk Analytics, Inc. has a 12-month low of $196.99 and a 12-month high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. The firm had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. Verisk Analytics’s revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.67 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 year.

Verisk Analytics Dividend Announcement

The firm 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 is Monday, December 15th. This represents a $1.80 annualized dividend and a yield of 0.8%. Verisk Analytics’s dividend payout ratio is 27.44%.

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.