Shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $214.15, but opened at $203.72. Verisk Analytics shares last traded at $201.69, with a volume of 121,016 shares trading hands.
Analyst Upgrades and Downgrades
VRSK has been the topic of a number of recent research reports. Evercore ISI cut their price target on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a research note on Thursday, October 30th. JPMorgan Chase & Co. reduced their target price on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. The Goldman Sachs Group decreased their price target on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Argus downgraded Verisk Analytics from a “buy” rating to a “hold” rating in a report on Friday, November 14th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $278.64.
Get Our Latest Stock Analysis on VRSK
Verisk Analytics Price Performance
Insiders Place Their Bets
In other news, CFO Elizabeth Mann sold 300 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $219.54, for a total value of $65,862.00. Following the transaction, the chief financial officer owned 14,265 shares of the company’s stock, valued at approximately $3,131,738.10. The trade was a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.99, for a total value of $238,689.00. Following the sale, the chief executive officer directly owned 77,807 shares of the company’s stock, valued at approximately $16,883,340.93. This represents a 1.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,700 shares of company stock worth $369,648 over the last ninety days. Corporate insiders own 0.46% of the company’s stock.
Institutional Investors Weigh In On Verisk Analytics
Large investors have recently bought and sold shares of the stock. MGO One Seven LLC purchased a new position in Verisk Analytics in the 4th quarter valued at about $227,000. Crestwood Advisors Group LLC raised its holdings in Verisk Analytics by 30.7% in the 4th quarter. Crestwood Advisors Group LLC now owns 2,048 shares of the business services provider’s stock valued at $458,000 after acquiring an additional 481 shares during the last quarter. Premier Fund Managers Ltd acquired a new stake in shares of Verisk Analytics during the fourth quarter worth $2,367,000. Sequoia Financial Advisors LLC boosted its stake in Verisk Analytics by 86.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 6,060 shares of the business services provider’s stock worth $1,356,000 after buying an additional 2,815 shares during the last quarter. Finally, Gateway Investment Advisers LLC grew its holdings in Verisk Analytics by 16.0% in the 4th quarter. Gateway Investment Advisers LLC now owns 3,898 shares of the business services provider’s stock valued at $872,000 after buying an additional 537 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.
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.
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