Stegent Equity Advisors Inc. Cuts Position in Verisk Analytics, Inc. $VRSK

Stegent Equity Advisors Inc. lessened its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 43.8% during the third quarter, Holdings Channel reports. The fund owned 3,514 shares of the business services provider’s stock after selling 2,744 shares during the period. Stegent Equity Advisors Inc.’s holdings in Verisk Analytics were worth $884,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Verisk Analytics in the 2nd quarter worth about $556,192,000. Navera Investment Management Ltd. bought a new stake in Verisk Analytics in the 3rd quarter worth approximately $110,017,000. Parnassus Investments LLC lifted its position in Verisk Analytics by 31.8% in the 3rd quarter. Parnassus Investments LLC now owns 1,492,715 shares of the business services provider’s stock worth $375,433,000 after buying an additional 360,419 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Verisk Analytics by 70.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 552,736 shares of the business services provider’s stock worth $172,177,000 after buying an additional 227,738 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Verisk Analytics by 1,417.3% during the second quarter. Assenagon Asset Management S.A. now owns 226,371 shares of the business services provider’s stock valued at $70,515,000 after acquiring an additional 211,452 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Insiders Place Their Bets

In other Verisk Analytics news, Director Jeffrey J. Dailey bought 500 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was acquired at an average price of $217.03 per share, with a total value of $108,515.00. Following the completion of the purchase, the director owned 3,962 shares of the company’s stock, valued at approximately $859,872.86. This trade represents a 14.44% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the transaction, the chief executive officer owned 77,807 shares of the company’s stock, valued at $16,883,340.93. The trade was a 1.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have bought 1,450 shares of company stock valued at $314,663 and have sold 1,700 shares valued at $369,648. 0.46% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VRSK shares. Rothschild Redb lowered shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. JPMorgan Chase & Co. lowered their price target on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Rothschild & Co Redburn restated a “sell” rating and set a $220.00 price target (down from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. Wells Fargo & Company decreased their price objective on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, Wolfe Research reissued an “outperform” rating on shares of Verisk Analytics in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $278.64.

Verisk Analytics Trading Down 0.7%

NASDAQ VRSK opened at $220.41 on Friday. The firm has a market capitalization of $30.72 billion, a PE ratio of 33.60, a P/E/G ratio of 3.13 and a beta of 0.81. The stock’s 50 day moving average is $220.61 and its 200 day moving average is $247.40. Verisk Analytics, Inc. has a twelve month low of $196.99 and a twelve month high of $322.92. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 8.55.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, October 29th. The business services provider reported $1.72 EPS 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 business had revenue of $768.30 million during the quarter, compared to analyst estimates of $776.04 million. During the same quarter last year, the firm posted $1.67 earnings per share. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Research analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.80 annualized dividend and a yield of 0.8%. Verisk Analytics’s payout ratio is presently 27.44%.

Verisk Analytics Company Profile

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.