Sanctuary Advisors LLC Has $7.21 Million Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Sanctuary Advisors LLC cut its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,019 shares of the business services provider’s stock after selling 618 shares during the quarter. Sanctuary Advisors LLC’s holdings in Verisk Analytics were worth $7,207,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Aaron Wealth Advisors LLC bought a new stake in Verisk Analytics during the fourth quarter worth $212,000. Icon Wealth Advisors LLC lifted its position in shares of Verisk Analytics by 899.1% during the 3rd quarter. Icon Wealth Advisors LLC now owns 11,919 shares of the business services provider’s stock worth $2,913,000 after buying an additional 10,726 shares during the last quarter. Point72 Hong Kong Ltd lifted its position in shares of Verisk Analytics by 479.1% during the 3rd quarter. Point72 Hong Kong Ltd now owns 16,853 shares of the business services provider’s stock worth $4,516,000 after buying an additional 13,943 shares during the last quarter. KBC Group NV boosted its stake in Verisk Analytics by 15.3% in the third quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock valued at $9,622,000 after buying an additional 4,767 shares in the last quarter. Finally, CIBC Asset Management Inc grew its position in Verisk Analytics by 5.7% in the third quarter. CIBC Asset Management Inc now owns 44,290 shares of the business services provider’s stock valued at $11,868,000 after acquiring an additional 2,374 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, insider Kathy Card Beckles sold 2,111 shares of the company’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of $282.06, for a total transaction of $595,428.66. Following the sale, the insider now owns 9,066 shares of the company’s stock, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $294.95, for a total value of $347,746.05. Following the completion of the transaction, the director now directly owns 13,786 shares of the company’s stock, valued at approximately $4,066,180.70. This trade represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,469 shares of company stock valued at $1,264,818. 0.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on VRSK. BMO Capital Markets raised their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Robert W. Baird boosted their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Barclays cut Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target for the company. in a research note on Friday, January 10th. Morgan Stanley boosted their price objective on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a research report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $293.11.

Verisk Analytics Stock Up 0.9 %

Shares of VRSK opened at $295.86 on Thursday. The stock’s 50-day moving average price is $282.27 and its two-hundred day moving average price is $276.82. Verisk Analytics, Inc. has a 12 month low of $217.34 and a 12 month high of $296.94. The company has a market capitalization of $41.78 billion, a PE ratio of 46.16, a PEG ratio of 3.38 and a beta of 0.89. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s payout ratio is presently 24.34%.

Verisk Analytics Profile

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.