BI Asset Management Fondsmaeglerselskab A S raised its position in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 159.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,189 shares of the business services provider’s stock after buying an additional 20,412 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Verisk Analytics were worth $8,347,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of VRSK. AlphaCore Capital LLC bought a new position in Verisk Analytics during the second quarter worth about $27,000. Osterweis Capital Management Inc. bought a new position in shares of Verisk Analytics during the second quarter worth approximately $28,000. Spurstone Advisory Services LLC acquired a new stake in shares of Verisk Analytics in the second quarter valued at approximately $29,000. NewSquare Capital LLC boosted its stake in shares of 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 buying an additional 40 shares during the period. Finally, Hantz Financial Services Inc. grew its position 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 worth $34,000 after buying an additional 42 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on VRSK shares. Wolfe Research reiterated an “outperform” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Rothschild & Co Redburn reiterated a “sell” rating and set a $220.00 price objective (down from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Morgan Stanley dropped their target price on shares of Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. The Goldman Sachs Group reduced their price target on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Finally, Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their price objective for the company from $310.00 to $275.00 in a research report on Thursday, October 30th. Eight investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $274.07.
Verisk Analytics Stock Performance
Shares of Verisk Analytics stock opened at $184.68 on Friday. The company’s 50 day moving average price is $218.30 and its two-hundred day moving average price is $238.90. The firm has a market capitalization of $25.74 billion, a P/E ratio of 28.15, a P/E/G ratio of 2.70 and a beta of 0.79. Verisk Analytics, Inc. has a fifty-two week low of $181.72 and a fifty-two week high of $322.92. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.19.
Insiders Place Their Bets
In other news, CEO Lee Shavel sold 1,100 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 $238,689.00. Following the sale, the chief executive officer directly owned 77,807 shares in the company, valued at approximately $16,883,340.93. The trade was a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total transaction of $65,862.00. Following the completion of the transaction, the chief financial officer owned 14,265 shares of the company’s stock, valued at approximately $3,131,738.10. This trade represents a 2.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,700 shares of company stock worth $369,648 in the last 90 days. 0.46% of the stock is currently owned by corporate insiders.
Verisk Analytics Profile
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.
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