Jacobs Levy Equity Management Inc. Takes Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Jacobs Levy Equity Management Inc. bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 44,021 shares of the business services provider’s stock, valued at approximately $10,377,000.

Other institutional investors have also modified their holdings of the company. OFI Invest Asset Management bought a new position in Verisk Analytics during the 1st quarter valued at $28,000. Frazier Financial Advisors LLC acquired a new stake in Verisk Analytics in the 4th quarter valued at approximately $32,000. DSM Capital Partners LLC acquired a new stake in Verisk Analytics in the fourth quarter worth about $33,000. Global Retirement Partners LLC increased its stake in shares of Verisk Analytics by 48.5% during the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 49 shares during the period. Finally, Riverview Trust Co bought a new stake in shares of Verisk Analytics in the 1st quarter worth $40,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Trading Down 8.0 %

Shares of VRSK stock traded down $22.78 on Wednesday, reaching $263.21. The company had a trading volume of 522,971 shares, compared to its average volume of 839,113. The company has a 50-day moving average of $268.24 and a 200-day moving average of $248.47. Verisk Analytics, Inc. has a 12 month low of $215.32 and a 12 month high of $287.13. The stock has a market cap of $37.55 billion, a PE ratio of 49.49, a PEG ratio of 3.53 and a beta of 0.84. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 9.94.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, May 1st. The business services provider reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.11. Verisk Analytics had a net margin of 28.45% and a return on equity of 268.19%. The company had revenue of $704.00 million for the quarter, compared to analyst estimates of $699.07 million. During the same period last year, the business posted $1.29 earnings per share. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. On average, equities analysts forecast that Verisk Analytics, Inc. will post 6.55 earnings per share for the current year.

Analyst Ratings Changes

VRSK has been the topic of a number of analyst reports. UBS Group lifted their price target on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 9th. Evercore ISI lifted their price target on Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a report on Tuesday, June 25th. Finally, BMO Capital Markets increased their target price on shares of Verisk Analytics from $238.00 to $241.00 and gave the stock a “market perform” rating in a research report on Thursday, May 2nd. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $258.54.

Insider Buying and Selling

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $262.31, for a total value of $52,462.00. Following the completion of the sale, the chief financial officer now directly owns 16,608 shares in the company, valued at $4,356,444.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Verisk Analytics news, insider Nicholas Daffan sold 1,511 shares of Verisk Analytics stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $248.88, for a total value of $376,057.68. Following the transaction, the insider now owns 52,500 shares of the company’s stock, valued at $13,066,200. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction on Monday, June 17th. The stock was 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 directly owns 16,608 shares of the company’s stock, valued at $4,356,444.48. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,237 shares of company stock valued at $572,739. 0.40% of the stock is owned by company insiders.

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.