Insider Selling: Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Sells $57,298.00 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Elizabeth Mann sold 200 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $57,298.00. Following the sale, the chief financial officer now owns 15,608 shares of the company’s stock, valued at $4,471,535.92. This represents a 1.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Elizabeth Mann also recently made the following trade(s):

• On Tuesday, October 15th, Elizabeth Mann sold 200 shares of Verisk Analytics stock. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00.

Verisk Analytics Stock Performance

VRSK opened at $284.20 on Thursday. The firm has a market cap of $40.13 billion, a P/E ratio of 44.34, a PEG ratio of 3.53 and a beta of 0.86. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $291.42. The company has a 50 day simple moving average of $271.86 and a two-hundred day simple moving average of $267.79. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82.

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

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is currently 24.34%.

Analyst Upgrades and Downgrades

VRSK has been the topic of several analyst reports. 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 report on Thursday, August 1st. Robert W. Baird raised their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. BMO Capital Markets upped their price objective on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Royal Bank of Canada raised their target price on Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Finally, Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $285.80.

Hedge Funds Weigh In On Verisk Analytics

Several hedge funds have recently modified their holdings of VRSK. International Assets Investment Management LLC bought a new stake in Verisk Analytics in the 2nd quarter valued at $31,000. Chilton Capital Management LLC purchased a new stake in shares of Verisk Analytics in the second quarter worth about $34,000. Ashton Thomas Securities LLC purchased a new position in Verisk Analytics during the 3rd quarter valued at approximately $34,000. Rothschild Investment LLC bought a new stake in Verisk Analytics in the 2nd quarter worth approximately $41,000. Finally, Kings Path Partners LLC purchased a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $46,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

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.