TIAA Trust National Association Sells 1,210 Shares of Verisk Analytics, Inc. $VRSK

TIAA Trust National Association reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 16.3% in the 2nd quarter, Holdings Channel reports. The firm owned 6,221 shares of the business services provider’s stock after selling 1,210 shares during the quarter. TIAA Trust National Association’s holdings in Verisk Analytics were worth $1,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Verisk Analytics during the 2nd quarter worth about $144,000. Triglav Investments D.O.O. increased its stake in Verisk Analytics by 90.0% in the second quarter. Triglav Investments D.O.O. now owns 4,750 shares of the business services provider’s stock valued at $1,480,000 after acquiring an additional 2,250 shares during the period. Plato Investment Management Ltd lifted its stake in Verisk Analytics by 1.3% during the second quarter. Plato Investment Management Ltd now owns 4,877 shares of the business services provider’s stock worth $1,514,000 after purchasing an additional 61 shares during the period. Geneva Capital Management LLC lifted its stake in Verisk Analytics by 3.4% during the second quarter. Geneva Capital Management LLC now owns 114,269 shares of the business services provider’s stock worth $35,595,000 after purchasing an additional 3,810 shares during the period. Finally, Amplius Wealth Advisors LLC grew its stake in shares of Verisk Analytics by 46.8% in the 2nd quarter. Amplius Wealth Advisors LLC now owns 13,033 shares of the business services provider’s stock valued at $4,060,000 after purchasing an additional 4,153 shares during the period. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $215.40 on Tuesday. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.53 and a current ratio of 1.19. The firm has a market cap of $30.02 billion, a P/E ratio of 32.84, a P/E/G ratio of 2.75 and a beta of 0.85. The business’s fifty day moving average is $247.45 and its two-hundred day moving average is $279.75. Verisk Analytics, Inc. has a 52 week low of $196.99 and a 52 week high of $322.92.

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, beating analysts’ consensus estimates of $1.70 by $0.02. The company had revenue of $768.30 million during the quarter, compared to analyst estimates of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company posted $1.67 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities research analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

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

Insider Activity at Verisk Analytics

In other news, Director Christopher John Perry acquired 1,000 shares of Verisk Analytics stock in a transaction on Wednesday, August 13th. The shares were purchased at an average price of $259.80 per share, with a total value of $259,800.00. Following the acquisition, the director owned 1,773 shares in the company, valued at $460,625.40. This represents a 129.37% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Nicholas Daffan sold 5,420 shares of Verisk Analytics stock in a transaction on Wednesday, September 3rd. The shares were 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 of the company’s stock, valued at $14,399,305. This trade represents a 9.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders acquired 2,450 shares of company stock valued at $574,463 and sold 8,520 shares valued at $2,255,396. Company insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Rothschild Redb downgraded Verisk Analytics from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. Rothschild & Co Redburn reissued a “sell” rating and set a $220.00 price objective (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an “outperform” rating in a report on Monday, August 4th. Morgan Stanley upped their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. Finally, Royal Bank Of Canada cut their price target on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Verisk Analytics has a consensus rating of “Hold” and a consensus target price of $282.14.

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.