Stance Capital LLC Acquires New Holdings in Verisk Analytics, Inc. $VRSK

Stance Capital LLC bought a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the 2nd quarter, Holdings Channel.com reports. The fund bought 4,186 shares of the business services provider’s stock, valued at approximately $1,304,000.

Several other institutional investors and hedge funds also recently modified their holdings of VRSK. B. Riley Wealth Advisors Inc. purchased a new position in shares of Verisk Analytics during the 2nd quarter worth approximately $211,000. Advisory Services Network LLC lifted its stake in Verisk Analytics by 3.4% in the 2nd quarter. Advisory Services Network LLC now owns 2,605 shares of the business services provider’s stock valued at $811,000 after buying an additional 85 shares in the last quarter. State of Wyoming increased its position in Verisk Analytics by 74.7% during the second quarter. State of Wyoming now owns 400 shares of the business services provider’s stock worth $125,000 after buying an additional 171 shares in the last quarter. Hudson Bay Capital Management LP raised its holdings in shares of Verisk Analytics by 225.3% in the second quarter. Hudson Bay Capital Management LP now owns 1,716 shares of the business services provider’s stock worth $535,000 after acquiring an additional 3,086 shares during the last quarter. Finally, Caxton Associates LLP raised its holdings in shares of Verisk Analytics by 127.5% in the second quarter. Caxton Associates LLP now owns 22,834 shares of the business services provider’s stock worth $7,113,000 after acquiring an additional 12,797 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $217.14 on Monday. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a market capitalization of $30.26 billion, a price-to-earnings ratio of 33.10, a price-to-earnings-growth ratio of 3.41 and a beta of 0.81. Verisk Analytics, Inc. has a one year low of $196.99 and a one year high of $322.92. The company has a 50 day moving average price of $225.57 and a 200 day moving average price of $262.90.

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

Verisk Analytics Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently commented on VRSK shares. Argus lowered Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Friday, November 14th. The Goldman Sachs Group reduced their target price on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their price target for the stock from $310.00 to $275.00 in a report on Thursday, October 30th. Evercore ISI reduced their price objective on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a research note on Thursday, October 30th. Finally, Royal Bank Of Canada decreased their target price 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. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $282.14.

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 300 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $216.99, for a total transaction of $65,097.00. Following the completion of the sale, the chief financial officer owned 14,565 shares in the company, valued at approximately $3,160,459.35. The trade was a 2.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the completion of the transaction, the chief executive officer owned 77,807 shares in the company, valued at $16,883,340.93. The trade was a 1.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders acquired 1,450 shares of company stock worth $314,663 and sold 2,000 shares worth $452,871. 0.46% of the stock is currently owned by company insiders.

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.