Jeffrey Dailey Purchases 500 Shares of Verisk Analytics (NASDAQ:VRSK) Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Jeffrey Dailey bought 500 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were acquired at an average cost of $217.03 per share, with a total value of $108,515.00. Following the acquisition, the director directly owned 3,962 shares of the company’s stock, valued at approximately $859,872.86. This represents a 14.44% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $220.00 on Wednesday. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92. The firm has a market capitalization of $30.66 billion, a price-to-earnings ratio of 33.54, a PEG ratio of 2.75 and a beta of 0.85. The company has a fifty day simple moving average of $246.48 and a 200-day simple moving average of $279.23. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) 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 business had revenue of $768.30 million during the quarter, compared to analyst estimates of $776.04 million. During the same quarter in the prior year, the firm earned $1.67 earnings per share. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a dividend of $0.45 per share. 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 dividend payout ratio is presently 27.44%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group dropped their target price on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. Royal Bank Of Canada lowered their price target on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Evercore ISI lowered their price target on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a research report on Thursday, October 30th. Finally, Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. One equities research 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 given a Sell rating to the company. According to MarketBeat.com, Verisk Analytics presently has an average rating of “Hold” and an average target price of $282.14.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. AlphaCore Capital LLC acquired a new stake in shares of Verisk Analytics during the second quarter worth about $27,000. Osterweis Capital Management Inc. purchased a new position in Verisk Analytics in the second quarter valued at approximately $28,000. Spurstone Advisory Services LLC purchased a new position in Verisk Analytics in the second quarter valued at approximately $29,000. NewSquare Capital LLC increased its stake in Verisk Analytics by 69.0% in 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 last quarter. Finally, Hantz Financial Services Inc. grew its position in shares of Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after acquiring an additional 42 shares during the last quarter. 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.