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 Monday, November 18th. The shares were sold at an average price of $280.71, for a total value of $280,710.00. Following the completion of the transaction, the chief executive officer now directly owns 53,163 shares in the company, valued at approximately $14,923,385.73. This represents a 1.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, November 15th, Lee Shavel sold 1,000 shares of Verisk Analytics stock. The shares were sold at an average price of $286.49, for a total transaction of $286,490.00.

Verisk Analytics Trading Down 0.2 %

Shares of VRSK opened at $280.36 on Tuesday. 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. The firm has a market cap of $39.59 billion, a price-to-earnings ratio of 43.74, a PEG ratio of 3.52 and a beta of 0.86. The business’s fifty day moving average is $271.45 and its 200-day moving average is $267.37.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, topping the consensus estimate of $1.60 by $0.07. The firm had revenue of $725.30 million during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm earned $1.52 earnings per share. Equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 0.56%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s payout ratio is 24.34%.

Institutional Trading of Verisk Analytics

Hedge funds and other institutional investors have recently modified their holdings of the stock. KBC Group NV boosted its holdings in shares of Verisk Analytics by 15.3% during the 3rd quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock valued at $9,622,000 after acquiring an additional 4,767 shares in the last quarter. CIBC Asset Management Inc boosted its stake in shares of Verisk Analytics by 5.7% during 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 purchasing an additional 2,374 shares in the last quarter. Diversified Trust Co bought a new stake in shares of Verisk Analytics during the second quarter worth about $1,325,000. OFI Invest Asset Management increased its stake in shares of Verisk Analytics by 2,181.7% in the second quarter. OFI Invest Asset Management now owns 2,875 shares of the business services provider’s stock valued at $723,000 after buying an additional 2,749 shares during the period. Finally, Swedbank AB bought a new position in Verisk Analytics in the 1st quarter valued at approximately $28,739,000. Institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Evercore ISI reiterated an “in-line” rating and issued a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. BMO Capital Markets boosted their price target on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Finally, Barclays increased their target price on Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Verisk Analytics has an average rating of “Moderate Buy” and a consensus target price of $285.80.

About Verisk Analytics

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.