Verisk Analytics (NASDAQ:VRSK) Director Buys $108,070.00 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Gregory Hendrick purchased 500 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were purchased at an average cost of $216.14 per share, with a total value of $108,070.00. Following the completion of the acquisition, the director directly owned 2,536 shares in the company, valued at $548,131.04. The trade was a 24.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Verisk Analytics Price Performance

VRSK stock traded down $3.36 during trading on Monday, hitting $215.40. 2,109,031 shares of the stock traded hands, compared to its average volume of 1,017,846. Verisk Analytics, Inc. has a one year low of $196.99 and a one year high of $322.92. The stock has a market cap of $30.02 billion, a price-to-earnings ratio of 32.84, a P/E/G ratio of 2.75 and a beta of 0.85. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55. The company has a 50 day simple moving average of $248.48 and a 200 day simple moving average of $280.29.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The company had revenue of $768.30 million during the quarter, compared to the consensus estimate of $776.04 million. During the same period in the previous year, the firm posted $1.67 earnings per share. The company’s revenue was up 5.9% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s payout ratio is currently 27.44%.

Analyst Ratings Changes

VRSK has been the subject of a number of research analyst reports. Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the stock an “outperform” rating in a research note on Monday, August 4th. Wolfe Research started coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price target for the company. Weiss Ratings downgraded shares of Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 24th. Rothschild & Co Redburn reissued a “sell” rating and set a $220.00 price target (down from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Finally, Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $282.14.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. AlphaCore Capital LLC acquired a new position in Verisk Analytics during the second quarter valued at approximately $27,000. Osterweis Capital Management Inc. acquired a new position in Verisk Analytics during the second quarter valued at approximately $28,000. Spurstone Advisory Services LLC acquired a new position in Verisk Analytics during the second quarter valued at approximately $29,000. NewSquare Capital LLC grew its holdings in Verisk Analytics by 69.0% during the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 40 shares during the period. Finally, Hantz Financial Services Inc. grew its holdings in Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 42 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

About Verisk Analytics

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.