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 Verisk Analytics stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total transaction of $286,490.00. Following the sale, the chief executive officer now directly owns 54,163 shares of the company’s stock, valued at $15,517,157.87. This represents a 1.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 value of $280,710.00.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $280.36 on Tuesday. The company has a fifty day moving average price of $271.45 and a 200 day moving average price of $267.37. The firm has a market cap of $39.59 billion, a PE ratio of 43.74, a PEG ratio of 3.52 and a beta of 0.86. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $291.42.

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

Verisk Analytics Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms have weighed in on VRSK. Morgan Stanley raised their target price on Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Evercore ISI reissued an “in-line” rating and set a $279.00 price objective on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a research note on Thursday, August 1st. Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Finally, Barclays upped their price objective on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Six investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $285.80.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. FMR LLC boosted its stake 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 worth $1,237,700,000 after buying an additional 283,653 shares during the last quarter. Legal & General Group Plc increased its position in shares of Verisk Analytics by 7.4% in the second quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider’s stock valued at $436,204,000 after acquiring an additional 111,364 shares during the last quarter. TD Asset Management Inc raised its holdings in Verisk Analytics by 5.5% during the second quarter. TD Asset Management Inc now owns 1,502,614 shares of the business services provider’s stock worth $405,030,000 after acquiring an additional 78,008 shares in the last quarter. GUARDCAP ASSET MANAGEMENT Ltd grew its stake in Verisk Analytics by 1.1% in the first quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 1,137,069 shares of the business services provider’s stock valued at $268,041,000 after purchasing an additional 12,231 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Verisk Analytics by 8.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,103,628 shares of the business services provider’s stock valued at $297,491,000 after purchasing an additional 85,202 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

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.