Verisk Analytics (NASDAQ:VRSK) Shares Gap Down – Here’s What Happened

Verisk Analytics, Inc. (NASDAQ:VRSKGet Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $214.15, but opened at $203.72. Verisk Analytics shares last traded at $201.69, with a volume of 121,016 shares.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on VRSK shares. Rothschild Redb cut Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. Evercore ISI cut their target price 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. 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. Morgan Stanley lowered their price target on Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Finally, Wolfe Research reissued an “outperform” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Seven analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Verisk Analytics presently has an average rating of “Hold” and a consensus target price of $278.64.

Check Out Our Latest Stock Analysis on Verisk Analytics

Verisk Analytics Stock Down 9.7%

The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. The firm has a market capitalization of $26.96 billion, a price-to-earnings ratio of 29.54, a P/E/G ratio of 3.10 and a beta of 0.81. The stock has a 50 day moving average of $220.39 and a 200 day moving average of $240.40.

Insider Buying and Selling at Verisk Analytics

In other news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total value of $65,862.00. Following the transaction, the chief financial officer directly owned 14,265 shares in the company, valued at approximately $3,131,738.10. This trade represents a 2.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction dated 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 directly owned 77,807 shares of the company’s stock, valued at $16,883,340.93. This trade represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,700 shares of company stock worth $369,648 over the last 90 days. 0.46% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Verisk Analytics

Hedge funds and other institutional investors have recently bought and sold shares of the stock. MGO One Seven LLC bought a new stake in shares of Verisk Analytics in the 4th quarter worth approximately $227,000. Crestwood Advisors Group LLC increased its position in Verisk Analytics by 30.7% in the fourth quarter. Crestwood Advisors Group LLC now owns 2,048 shares of the business services provider’s stock worth $458,000 after buying an additional 481 shares during the period. Premier Fund Managers Ltd bought a new stake in Verisk Analytics in the fourth quarter valued at $2,367,000. Sequoia Financial Advisors LLC boosted its holdings in shares of Verisk Analytics by 86.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 6,060 shares of the business services provider’s stock valued at $1,356,000 after acquiring an additional 2,815 shares during the period. Finally, Gateway Investment Advisers LLC grew its position in shares of Verisk Analytics by 16.0% during the fourth quarter. Gateway Investment Advisers LLC now owns 3,898 shares of the business services provider’s stock worth $872,000 after acquiring an additional 537 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

About Verisk Analytics

(Get Free Report)

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.

Read More

Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.