Illinois Municipal Retirement Fund Decreases Stock Position in Verisk Analytics, Inc. $VRSK

Illinois Municipal Retirement Fund lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 10.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,647 shares of the business services provider’s stock after selling 4,973 shares during the period. Illinois Municipal Retirement Fund’s holdings in Verisk Analytics were worth $10,978,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of VRSK. AlphaCore Capital LLC bought a new stake in Verisk Analytics in the second quarter valued at approximately $27,000. Osterweis Capital Management Inc. purchased a new position in shares of Verisk Analytics in the second quarter worth $28,000. Spurstone Advisory Services LLC bought a new stake in Verisk Analytics during the 2nd quarter valued at $29,000. NewSquare Capital LLC boosted its position in Verisk Analytics by 69.0% during the 2nd 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 holdings in Verisk Analytics by 62.7% in the 2nd 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. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Stock Up 3.0%

VRSK stock opened at $179.00 on Friday. Verisk Analytics, Inc. has a fifty-two week low of $164.60 and a fifty-two week high of $322.92. The company has a market capitalization of $24.95 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 2.45 and a beta of 0.79. The business’s 50 day moving average price is $213.48 and its two-hundred day moving average price is $234.67. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19.

Insider Buying and Selling at Verisk Analytics

In other news, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.99, for a total value of $238,689.00. Following the sale, the chief executive officer directly owned 77,807 shares of the company’s stock, valued at $16,883,340.93. This represents a 1.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total transaction of $65,862.00. Following the transaction, the chief financial officer directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,700 shares of company stock worth $369,648. 0.46% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on VRSK shares. Argus downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Friday, November 14th. Royal Bank Of Canada lowered their price target on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. BMO Capital Markets upgraded Verisk Analytics from a “market perform” rating to an “outperform” rating and set a $233.00 price objective on the stock in a research report on Wednesday, February 4th. Evercore reduced their target price on 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, The Goldman Sachs Group decreased their target price on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $269.57.

Get Our Latest Research Report on VRSK

Verisk Analytics Company Profile

(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.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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