Stance Capital LLC Makes New $1.30 Million Investment in Verisk Analytics, Inc. $VRSK

Stance Capital LLC purchased a new position in Verisk Analytics, Inc. (NASDAQ:VRSK) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,186 shares of the business services provider’s stock, valued at approximately $1,304,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in Verisk Analytics during the 2nd quarter worth about $556,192,000. Ameriprise Financial Inc. lifted its stake in Verisk Analytics by 631.0% during the first quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider’s stock worth $422,676,000 after purchasing an additional 1,221,798 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in 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 purchasing an additional 434,053 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Verisk Analytics by 49.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,139,913 shares of the business services provider’s stock valued at $339,261,000 after purchasing an additional 377,614 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in Verisk Analytics by 19.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,704,246 shares of the business services provider’s stock worth $507,219,000 after purchasing an additional 283,238 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Activity

In related news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.99, for a total value of $65,097.00. Following the completion of the sale, the chief financial officer owned 14,565 shares in the company, valued at $3,160,459.35. This trade represents a 2.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Lee Shavel sold 1,100 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $216.99, for a total transaction of $238,689.00. Following the sale, the chief executive officer directly owned 77,807 shares in the company, valued at approximately $16,883,340.93. This represents a 1.39% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders bought 1,450 shares of company stock valued at $314,663 and sold 2,000 shares valued at $452,871. Company insiders own 0.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Verisk Analytics in a report on Monday, December 8th. Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and decreased their price objective for the company from $310.00 to $275.00 in a research note on Thursday, October 30th. JPMorgan Chase & Co. cut their target price on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Argus cut Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday, November 14th. Finally, Royal Bank Of Canada dropped their price target on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Verisk Analytics has a consensus rating of “Hold” and a consensus price target of $282.14.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $217.14 on Monday. The stock’s 50-day moving average price is $225.57 and its 200 day moving average price is $262.90. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. The stock has a market capitalization of $30.26 billion, a PE ratio of 33.10, a price-to-earnings-growth ratio of 3.41 and a beta of 0.81. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week 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 for the quarter, beating the consensus estimate of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company 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 posted $1.67 EPS. The company’s revenue was up 5.9% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities research analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be 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 is Monday, December 15th. Verisk Analytics’s payout ratio is 27.44%.

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.