Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CFO Elizabeth Mann sold 400 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $184.91, for a total transaction of $73,964.00. Following the completion of the sale, the chief financial officer directly owned 17,984 shares of the company’s stock, valued at $3,325,421.44. This trade represents a 2.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Elizabeth Mann also recently made the following trade(s):
- On Monday, August 17th, Elizabeth Mann sold 400 shares of Verisk Analytics stock. The shares were sold at an average price of $179.95, for a total transaction of $71,980.00.
Verisk Analytics Stock Down 2.9%
Verisk Analytics stock opened at $176.48 on Friday. The firm has a market cap of $22.97 billion, a PE ratio of 27.11, a P/E/G ratio of 2.07 and a beta of 0.66. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.01 and a current ratio of 1.01. The firm’s 50 day moving average price is $189.51 and its two-hundred day moving average price is $185.28. Verisk Analytics, Inc. has a twelve month low of $155.94 and a twelve month high of $253.35.
Verisk Analytics Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. Verisk Analytics’s dividend payout ratio (DPR) is presently 30.72%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of VRSK. Junto Capital Management LP bought a new stake in Verisk Analytics during the second quarter valued at about $49,848,000. Sequoia Financial Advisors LLC grew its position in shares of Verisk Analytics by 25.2% in the second quarter. Sequoia Financial Advisors LLC now owns 4,674 shares of the business services provider’s stock valued at $839,000 after purchasing an additional 942 shares during the last quarter. Tidal Investments LLC increased its stake in shares of Verisk Analytics by 9.9% in the second quarter. Tidal Investments LLC now owns 21,549 shares of the business services provider’s stock worth $3,869,000 after purchasing an additional 1,933 shares during the period. National Pension Service increased its stake in shares of Verisk Analytics by 12.9% in the second quarter. National Pension Service now owns 246,266 shares of the business services provider’s stock worth $44,212,000 after purchasing an additional 28,167 shares during the period. Finally, Engineers Gate Manager LP lifted its position in shares of Verisk Analytics by 17.3% during the 2nd quarter. Engineers Gate Manager LP now owns 1,318 shares of the business services provider’s stock worth $237,000 after purchasing an additional 194 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.
Analyst Upgrades and Downgrades
VRSK has been the topic of several research reports. Weiss Ratings raised Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, August 25th. Wells Fargo & Company lifted their price target on Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Rothschild & Co Redburn set a $185.00 price target on Verisk Analytics and gave the company a “neutral” rating in a research note on Thursday, June 18th. UBS Group increased their price objective on Verisk Analytics from $220.00 to $235.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Finally, Barclays cut their price objective on shares of Verisk Analytics from $275.00 to $225.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Verisk Analytics currently has an average rating of “Moderate Buy” and an average price target of $226.71.
Get Our Latest Stock Report on Verisk Analytics
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ:VRSK), commonly known as Verisk, is a data analytics and technology company that helps organizations manage risk and make informed decisions. The company primarily serves the insurance industry, providing data, predictive analytics, software and decision-support tools for property and casualty insurers, life insurers and other risk-focused businesses.
Verisk’s products and services support insurance underwriting, pricing, claims management, catastrophe modeling, fraud detection, actuarial analysis and regulatory compliance.
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