MGO One Seven LLC Buys Shares of 1,670 Verisk Analytics, Inc. $VRSK

MGO One Seven LLC acquired a new position in Verisk Analytics, Inc. (NASDAQ:VRSK) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,670 shares of the business services provider’s stock, valued at approximately $520,000.

Other large investors have also recently made changes to their positions in the company. Trust Co. of Toledo NA OH acquired a new position in shares of Verisk Analytics in the 2nd quarter worth approximately $41,000. Wayfinding Financial LLC acquired a new position in shares of Verisk Analytics in the 1st quarter worth approximately $48,000. Ameritas Advisory Services LLC acquired a new position in shares of Verisk Analytics in the 2nd quarter worth approximately $48,000. GW&K Investment Management LLC lifted its holdings in shares of Verisk Analytics by 186.7% in the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after acquiring an additional 112 shares during the last quarter. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Verisk Analytics in the 1st quarter worth approximately $52,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $232.34 on Friday. The firm has a market cap of $32.46 billion, a PE ratio of 35.80, a price-to-earnings-growth ratio of 3.01 and a beta of 0.85. Verisk Analytics, Inc. has a 52-week low of $228.09 and a 52-week high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. The company’s 50 day moving average is $256.24 and its two-hundred day moving average is $284.64.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The company had revenue of $772.60 million for the quarter, compared to the consensus estimate of $767.91 million. During the same period in the prior year, the firm posted $1.74 EPS. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, research analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a $0.45 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s dividend payout ratio is currently 27.73%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on VRSK shares. Rothschild Redb lowered shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday. Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the stock an “outperform” rating in a report on Monday, August 4th. Wells Fargo & Company reduced their target price on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a report on Wednesday, September 17th. Wolfe Research initiated coverage on shares of Verisk Analytics in a report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 target price on the stock. Finally, Seaport Res Ptn upgraded shares of Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $299.33.

Insider Activity

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $242.23, for a total value of $72,669.00. Following the sale, the chief financial officer directly owned 14,865 shares of the company’s stock, valued at approximately $3,600,748.95. This represents a 1.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Christopher John Perry acquired 1,000 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was purchased at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the completion of the transaction, the director owned 1,773 shares in the company, valued at approximately $460,625.40. The trade was a 129.37% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 8,520 shares of company stock valued at $2,255,396. 0.46% of the stock is currently owned by company insiders.

Verisk Analytics 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.