Norris Perne & French LLP MI Buys 523 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Norris Perne & French LLP MI increased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 83,014 shares of the business services provider’s stock after acquiring an additional 523 shares during the quarter. Verisk Analytics comprises about 1.4% of Norris Perne & French LLP MI’s investment portfolio, making the stock its 26th largest holding. Norris Perne & French LLP MI’s holdings in Verisk Analytics were worth $19,569,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Webster Bank N. A. increased its position in Verisk Analytics by 28.4% during the first quarter. Webster Bank N. A. now owns 208 shares of the business services provider’s stock worth $49,000 after acquiring an additional 46 shares during the period. Kathmere Capital Management LLC grew its stake in Verisk Analytics by 5.6% during the first quarter. Kathmere Capital Management LLC now owns 2,325 shares of the business services provider’s stock worth $548,000 after buying an additional 124 shares in the last quarter. Atlantic Union Bankshares Corp grew its stake in Verisk Analytics by 25.8% during the first quarter. Atlantic Union Bankshares Corp now owns 7,159 shares of the business services provider’s stock worth $1,688,000 after buying an additional 1,466 shares in the last quarter. SMI Advisory Services LLC acquired a new stake in Verisk Analytics during the first quarter worth about $3,893,000. Finally, Riverview Trust Co acquired a new stake in Verisk Analytics during the first quarter worth about $40,000. 90.00% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $262.31, for a total transaction of $52,462.00. Following the completion of the transaction, the chief financial officer now owns 16,608 shares in the company, valued at approximately $4,356,444.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, insider Nicholas Daffan sold 1,554 shares of Verisk Analytics stock in a transaction on Friday, April 12th. The shares were sold at an average price of $222.93, for a total value of $346,433.22. Following the completion of the sale, the insider now owns 51,715 shares in the company, valued at approximately $11,528,824.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction on Monday, June 17th. The shares were sold at an average price of $262.31, for a total transaction of $52,462.00. Following the completion of the sale, the chief financial officer now owns 16,608 shares of the company’s stock, valued at approximately $4,356,444.48. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,265 shares of company stock worth $774,953. 0.40% of the stock is currently owned by insiders.

Verisk Analytics Trading Down 0.5 %

NASDAQ VRSK traded down $1.30 during trading hours on Friday, reaching $269.55. The company’s stock had a trading volume of 1,101,753 shares, compared to its average volume of 765,502. The firm has a fifty day simple moving average of $250.95 and a 200-day simple moving average of $242.15. The stock has a market cap of $38.46 billion, a P/E ratio of 50.29, a P/E/G ratio of 3.37 and a beta of 0.83. Verisk Analytics, Inc. has a 52 week low of $215.32 and a 52 week high of $273.70. The company has a debt-to-equity ratio of 9.94, a current ratio of 1.09 and a quick ratio of 1.09.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, May 1st. The business services provider reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.11. The business had revenue of $704.00 million during the quarter, compared to analyst estimates of $699.07 million. Verisk Analytics had a net margin of 28.45% and a return on equity of 268.19%. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the business earned $1.29 EPS. Equities analysts forecast that Verisk Analytics, Inc. will post 6.55 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Saturday, June 15th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.56 annualized dividend and a yield of 0.58%. Verisk Analytics’s payout ratio is 29.10%.

Analyst Ratings Changes

VRSK has been the topic of a number of analyst reports. Evercore ISI increased their price objective on shares of Verisk Analytics from $250.00 to $260.00 and gave the stock an “in-line” rating in a research note on Tuesday. BMO Capital Markets raised their price target on shares of Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a research note on Thursday, May 2nd. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Verisk Analytics presently has a consensus rating of “Hold” and an average target price of $255.08.

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.