Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CEO Lee Shavel sold 3,535 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $196.94, for a total value of $696,182.90. Following the sale, the chief executive officer owned 98,490 shares in the company, valued at approximately $19,396,620.60. This represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Lee Shavel also recently made the following trade(s):
- On Wednesday, July 29th, Lee Shavel sold 2,500 shares of Verisk Analytics stock. The stock was sold at an average price of $220.00, for a total transaction of $550,000.00.
Verisk Analytics Price Performance
Shares of Verisk Analytics stock opened at $188.75 on Thursday. The firm has a market cap of $24.57 billion, a P/E ratio of 28.99, a price-to-earnings-growth ratio of 2.23 and a beta of 0.67. The firm’s 50-day simple moving average is $187.06 and its 200-day simple moving average is $188.13. Verisk Analytics, Inc. has a twelve month low of $155.94 and a twelve month high of $276.19. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.01 and a current ratio of 1.01.
Verisk Analytics Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Verisk Analytics’s payout ratio is currently 30.72%.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on VRSK. UBS Group raised their price target on Verisk Analytics from $220.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. BMO Capital Markets reissued an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, July 30th. Rothschild & Co Redburn set a $185.00 target price on Verisk Analytics and gave the stock a “neutral” rating in a research report on Thursday, June 18th. JPMorgan Chase & Co. upped their price target on Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Evercore set a $223.00 price objective on shares of Verisk Analytics in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $236.27.
View Our Latest Research Report on VRSK
Institutional Investors Weigh In On Verisk Analytics
Institutional investors have recently added to or reduced their stakes in the stock. Oppenheimer Asset Management Inc. acquired a new position in Verisk Analytics in the 2nd quarter worth $20,085,000. Hardy Reed LLC acquired a new stake in shares of Verisk Analytics in the 2nd quarter valued at about $783,000. Tema ETFs LLC raised its stake in shares of Verisk Analytics by 8.4% in the 2nd quarter. Tema ETFs LLC now owns 5,610 shares of the business services provider’s stock valued at $1,007,000 after purchasing an additional 435 shares during the period. Handelsbanken Fonder AB raised its stake in shares of Verisk Analytics by 0.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 39,248 shares of the business services provider’s stock valued at $7,046,000 after purchasing an additional 326 shares during the period. Finally, Community Financial Services Group LLC lifted its holdings in shares of Verisk Analytics by 3.4% in the second quarter. Community Financial Services Group LLC now owns 16,504 shares of the business services provider’s stock valued at $3,032,000 after purchasing an additional 540 shares in the last quarter. 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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