Verisk Analytics, Inc. $VRSK Shares Sold by Cavalier Investments LLC

Cavalier Investments LLC cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.9% in the second quarter, HoldingsChannel reports. The firm owned 12,815 shares of the business services provider’s stock after selling 253 shares during the period. Verisk Analytics accounts for about 1.2% of Cavalier Investments LLC’s holdings, making the stock its 18th biggest holding. Cavalier Investments LLC’s holdings in Verisk Analytics were worth $3,992,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VRSK. GAMMA Investing LLC lifted its position in Verisk Analytics by 22.4% during the first quarter. GAMMA Investing LLC now owns 4,047 shares of the business services provider’s stock valued at $1,204,000 after purchasing an additional 741 shares during the period. Blue Trust Inc. lifted its position in Verisk Analytics by 25.6% during the first quarter. Blue Trust Inc. now owns 805 shares of the business services provider’s stock valued at $240,000 after purchasing an additional 164 shares during the period. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in Verisk Analytics during the first quarter valued at $1,219,000. Cambridge Investment Research Advisors Inc. lifted its position in Verisk Analytics by 8.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,001 shares of the business services provider’s stock valued at $1,786,000 after purchasing an additional 477 shares during the period. Finally, Oppenheimer & Co. Inc. acquired a new position in Verisk Analytics during the first quarter valued at $202,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Verisk Analytics

In other news, insider Nicholas Daffan sold 5,420 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total value of $1,436,300.00. Following the completion of the sale, the insider directly owned 54,337 shares in the company, valued at $14,399,305. This represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $268.01, for a total value of $294,811.00. Following the completion of the sale, the chief executive officer owned 78,907 shares of the company’s stock, valued at $21,147,865.07. This trade represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,520 shares of company stock worth $2,255,396 over the last three months. Company insiders own 0.46% of the company’s stock.

Verisk Analytics Stock Up 0.7%

VRSK stock opened at $237.03 on Wednesday. The stock has a market capitalization of $33.12 billion, a P/E ratio of 36.52, a P/E/G ratio of 3.09 and a beta of 0.85. The firm has a 50-day simple moving average of $255.14 and a 200-day simple moving average of $283.72. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics, Inc. has a 52 week low of $228.09 and a 52 week high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. The business had revenue of $772.60 million during the quarter, compared to analysts’ expectations of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

VRSK has been the subject of a number of research reports. Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. UBS Group cut their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Wells Fargo & Company cut their price objective on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating for the company in a report on Wednesday, September 17th. Morgan Stanley lifted their price objective on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Finally, Rothschild & Co Redburn reaffirmed a “sell” rating and issued a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $299.33.

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.