Verisk Analytics, Inc. (NASDAQ:VRSK) CEO Lee Shavel Sells 1,000 Shares

Verisk Analytics, Inc. (NASDAQ:VRSK) CEO Lee Shavel sold 1,000 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $286.49, for a total transaction of $286,490.00. Following the completion of the sale, the chief executive officer now directly owns 54,163 shares in the company, valued at $15,517,157.87. This represents a 1.81 % 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 link.

Lee Shavel also recently made the following trade(s):

• On Monday, November 18th, Lee Shavel sold 1,000 shares of Verisk Analytics stock. The stock was sold at an average price of $280.71, for a total transaction of $280,710.00.

Verisk Analytics Trading Down 0.2 %

Shares of Verisk Analytics stock traded down $0.44 on Monday, reaching $280.36. 799,955 shares of the company’s stock were exchanged, compared to its average volume of 788,155. The firm’s 50-day moving average is $271.31 and its two-hundred day moving average is $267.04. The company has a market capitalization of $39.59 billion, a P/E ratio of 43.68, a price-to-earnings-growth ratio of 3.52 and a beta of 0.86. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. Verisk Analytics, Inc. has a 52 week low of $217.34 and a 52 week high of $291.42.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. The business had revenue of $725.30 million during the quarter, compared to analyst estimates of $722.19 million. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.52 EPS. Sell-side analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date is Friday, December 13th. Verisk Analytics’s payout ratio is 24.34%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. FMR LLC lifted its holdings in shares of Verisk Analytics by 6.5% during the 3rd quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock valued at $1,237,700,000 after buying an additional 283,653 shares during the period. Mizuho Securities USA LLC lifted its position in shares of Verisk Analytics by 2,380.6% during the third quarter. Mizuho Securities USA LLC now owns 272,965 shares of the business services provider’s stock worth $73,144,000 after purchasing an additional 261,961 shares during the last quarter. Epoch Investment Partners Inc. raised its holdings in shares of Verisk Analytics by 60.4% in the 2nd quarter. Epoch Investment Partners Inc. now owns 541,426 shares of the business services provider’s stock valued at $145,941,000 after purchasing an additional 203,951 shares in the last quarter. Two Sigma Advisers LP grew its position in shares of Verisk Analytics by 46.7% in the 3rd quarter. Two Sigma Advisers LP now owns 614,831 shares of the business services provider’s stock worth $164,750,000 after buying an additional 195,700 shares during the last quarter. Finally, Swedbank AB purchased a new stake in Verisk Analytics during the 1st quarter worth approximately $28,739,000. Institutional investors own 90.00% of the company’s stock.

Analyst Upgrades and Downgrades

VRSK has been the topic of a number of research reports. Morgan Stanley upped their price target on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Barclays upped their price target on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Wells Fargo & Company raised Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Royal Bank of Canada increased their price objective on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Six research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Verisk Analytics currently has an average rating of “Moderate Buy” and a consensus target price of $285.80.

Verisk Analytics Company 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.