Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CFO Elizabeth Mann sold 400 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $159.22, for a total transaction of $63,688.00. Following the completion of the sale, the chief financial officer owned 19,584 shares in the company, valued at $3,118,164.48. This represents a 2.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Elizabeth Mann also recently made the following trade(s):
- On Wednesday, April 15th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The shares were sold at an average price of $171.57, for a total transaction of $68,628.00.
- On Tuesday, March 17th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The shares were sold at an average price of $204.71, for a total transaction of $81,884.00.
Verisk Analytics Stock Performance
Verisk Analytics stock opened at $162.55 on Monday. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.02 and a current ratio of 1.02. Verisk Analytics, Inc. has a fifty-two week low of $155.94 and a fifty-two week high of $322.92. The stock has a market cap of $21.30 billion, a P/E ratio of 24.74, a PEG ratio of 1.82 and a beta of 0.72. The firm’s fifty day moving average price is $184.33 and its 200-day moving average price is $202.51.
Verisk Analytics Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.2%. Verisk Analytics’s payout ratio is presently 30.44%.
Verisk Analytics declared that its Board of Directors has approved a stock buyback program on Wednesday, February 18th that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the business services provider to reacquire up to 10.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.
Analysts Set New Price Targets
Several equities research analysts have issued reports on VRSK shares. Weiss Ratings lowered shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday. Royal Bank Of Canada reissued an “outperform” rating and issued a $230.00 price target on shares of Verisk Analytics in a report on Monday, March 30th. Morgan Stanley set a $235.00 price objective on shares of Verisk Analytics in a report on Thursday, April 30th. UBS Group set a $224.00 target price on shares of Verisk Analytics in a research report on Thursday, February 19th. Finally, Wall Street Zen raised Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Sunday, January 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $238.20.
Read Our Latest Analysis on VRSK
Institutional Trading of Verisk Analytics
Several large investors have recently modified their holdings of VRSK. NewEdge Advisors LLC grew its position in shares of Verisk Analytics by 1.1% in the 1st quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock worth $1,259,000 after buying an additional 44 shares during the last quarter. Woodline Partners LP raised its holdings in shares of Verisk Analytics by 39.6% during the first quarter. Woodline Partners LP now owns 11,931 shares of the business services provider’s stock valued at $3,551,000 after acquiring an additional 3,385 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Verisk Analytics by 114.4% in the first quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider’s stock worth $75,000 after acquiring an additional 135 shares during the period. Treasurer of the State of North Carolina lifted its stake in Verisk Analytics by 52.2% in the second quarter. Treasurer of the State of North Carolina now owns 135,876 shares of the business services provider’s stock worth $42,325,000 after acquiring an additional 46,603 shares during the period. Finally, Osterweis Capital Management Inc. bought a new stake in Verisk Analytics in the second quarter valued at $28,000. 90.00% of the stock is owned by institutional investors.
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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