Panoramic Capital Partners LLC Makes New $209,000 Investment in Verisk Analytics, Inc. (NASDAQ:VRSK)

Panoramic Capital Partners LLC acquired a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 759 shares of the business services provider’s stock, valued at approximately $209,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Sugarloaf Wealth Management LLC purchased a new stake in Verisk Analytics in the 4th quarter valued at about $28,000. Ashton Thomas Securities LLC purchased a new stake in Verisk Analytics in the third quarter valued at approximately $34,000. Carolina Wealth Advisors LLC acquired a new position in Verisk Analytics during the third quarter worth approximately $50,000. Crews Bank & Trust acquired a new position in Verisk Analytics during the fourth quarter worth approximately $55,000. Finally, Catalyst Capital Advisors LLC raised its stake in Verisk Analytics by 101.5% during the third quarter. Catalyst Capital Advisors LLC now owns 276 shares of the business services provider’s stock worth $74,000 after purchasing an additional 139 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Verisk Analytics Stock Up 0.1 %

Shares of NASDAQ:VRSK opened at $294.00 on Tuesday. The company has a market capitalization of $41.52 billion, a price-to-earnings ratio of 45.87, a price-to-earnings-growth ratio of 3.39 and a beta of 0.89. The company has a 50 day moving average of $281.33 and a two-hundred day moving average of $275.69. Verisk Analytics, Inc. has a 52-week low of $217.34 and a 52-week high of $296.58. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics Dividend Announcement

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

Insider Buying and Selling

In other news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $286.49, for a total transaction of $57,298.00. Following the completion of the sale, the chief financial officer now owns 15,608 shares of the company’s stock, valued at approximately $4,471,535.92. This trade represents a 1.27 % 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 hyperlink. Also, 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 disclosure for this sale can be found here. Insiders have sold 6,669 shares of company stock valued at $1,889,316 in the last quarter. Company insiders own 0.40% 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.