1,093 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Bought by EA Series Trust

Posted by Defense World Staff on Oct 24th, 2023

EA Series Trust bought a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,093 shares of the business services provider’s stock, valued at approximately $247,000.

A number of other institutional investors and hedge funds also recently modified their holdings of VRSK. UNIVEST FINANCIAL Corp grew its position in shares of Verisk Analytics by 4.6% during the 1st quarter. UNIVEST FINANCIAL Corp now owns 1,190 shares of the business services provider’s stock valued at $228,000 after buying an additional 52 shares during the last quarter. OLD National Bancorp IN raised its position in shares of Verisk Analytics by 4.4% during the 1st quarter. OLD National Bancorp IN now owns 1,325 shares of the business services provider’s stock worth $254,000 after purchasing an additional 56 shares during the period. Advisor OS LLC lifted its holdings in shares of Verisk Analytics by 1.0% in the 1st quarter. Advisor OS LLC now owns 6,542 shares of the business services provider’s stock worth $1,255,000 after purchasing an additional 63 shares during the last quarter. Summit Financial LLC lifted its holdings in shares of Verisk Analytics by 1.4% in the 1st quarter. Summit Financial LLC now owns 4,682 shares of the business services provider’s stock worth $898,000 after purchasing an additional 66 shares during the last quarter. Finally, Accretive Wealth Partners LLC boosted its position in Verisk Analytics by 1.7% during the 1st quarter. Accretive Wealth Partners LLC now owns 4,134 shares of the business services provider’s stock valued at $793,000 after purchasing an additional 69 shares during the period. 90.81% of the stock is owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $230.87 on Tuesday. Verisk Analytics, Inc. has a twelve month low of $162.94 and a twelve month high of $249.26. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 9.29. The firm has a 50-day moving average of $240.25 and a two-hundred day moving average of $225.64. The company has a market capitalization of $33.43 billion, a price-to-earnings ratio of 69.75, a PEG ratio of 3.75 and a beta of 0.83.

Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its earnings results on Wednesday, August 2nd. The business services provider reported $1.51 EPS for the quarter, beating the consensus estimate of $1.40 by $0.11. The business had revenue of $675.00 million during the quarter, compared to analyst estimates of $653.13 million. Verisk Analytics had a net margin of 18.64% and a return on equity of 83.76%. As a group, analysts expect that Verisk Analytics, Inc. will post 5.71 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend was Thursday, September 14th. Verisk Analytics’s dividend payout ratio is presently 41.09%.

Insider Buying and Selling

In related news, Director Therese M. Vaughan sold 6,500 shares of Verisk Analytics stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $232.45, for a total value of $1,510,925.00. Following the transaction, the director now owns 20,679 shares of the company’s stock, valued at approximately $4,806,833.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Verisk Analytics news, Director Therese M. Vaughan sold 6,500 shares of Verisk Analytics stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $232.45, for a total transaction of $1,510,925.00. Following the transaction, the director now directly owns 20,679 shares in the company, valued at approximately $4,806,833.55. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Therese M. Vaughan sold 6,129 shares of the stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $233.02, for a total value of $1,428,179.58. Following the completion of the sale, the director now owns 27,179 shares of the company’s stock, valued at approximately $6,333,250.58. The disclosure for this sale can be found here. Insiders have sold 17,193 shares of company stock worth $4,043,134 in the last three months. 1.31% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

VRSK has been the topic of a number of recent research reports. Barclays raised their target price on Verisk Analytics from $250.00 to $275.00 and gave the company an “overweight” rating in a research note on Thursday, August 3rd. JPMorgan Chase & Co. boosted their target price on shares of Verisk Analytics from $225.00 to $260.00 in a research note on Thursday, August 3rd. Jefferies Financial Group lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Monday, October 16th. StockNews.com assumed coverage on Verisk Analytics in a research report on Thursday, October 5th. They set a “hold” rating for the company. Finally, Truist Financial raised their target price on Verisk Analytics from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Tuesday, October 17th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Verisk Analytics has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.

View Our Latest Report on Verisk Analytics

Verisk Analytics Profile

(Free Report)

Verisk Analytics, Inc provides data analytics solutions to the insurance markets in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, and various other fields.