Verisk Analytics, Inc. (VRSK) CFO Purchases $37,383.84 in Stock

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Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Lee Shavel bought 312 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, September 19th. The stock was bought at an average cost of $119.82 per share, with a total value of $37,383.84. Following the completion of the purchase, the chief financial officer now owns 29,110 shares in the company, valued at approximately $3,487,960.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Friday, August 10th, Lee Shavel bought 321 shares of Verisk Analytics stock. The stock was bought at an average cost of $117.09 per share, with a total value of $37,585.89.
  • On Tuesday, July 10th, Lee Shavel bought 331 shares of Verisk Analytics stock. The stock was bought at an average cost of $111.88 per share, with a total value of $37,032.28.

Shares of Verisk Analytics stock traded down $2.36 during trading hours on Wednesday, reaching $119.84. 551,400 shares of the company’s stock were exchanged, compared to its average volume of 830,146. Verisk Analytics, Inc. has a fifty-two week low of $81.45 and a fifty-two week high of $122.80. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.43 and a quick ratio of 0.43. The company has a market cap of $20.03 billion, a price-to-earnings ratio of 37.96, a P/E/G ratio of 2.31 and a beta of 0.66.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, July 31st. The business services provider reported $1.06 EPS for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.05. Verisk Analytics had a net margin of 26.58% and a return on equity of 31.35%. The company had revenue of $601.30 million during the quarter, compared to the consensus estimate of $586.22 million. sell-side analysts expect that Verisk Analytics, Inc. will post 4.16 earnings per share for the current year.

A number of brokerages recently weighed in on VRSK. Morgan Stanley reaffirmed a “hold” rating and issued a $119.00 target price (up from $113.00) on shares of Verisk Analytics in a research note on Thursday, September 13th. BidaskClub raised shares of Verisk Analytics from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 5th. Keefe, Bruyette & Woods lowered shares of Verisk Analytics from an “outperform” rating to a “market perform” rating and set a $90.00 target price for the company. in a research note on Thursday, August 2nd. SunTrust Banks reaffirmed a “hold” rating and issued a $109.00 target price on shares of Verisk Analytics in a research note on Wednesday, August 1st. Finally, Zacks Investment Research lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Thursday, July 19th. Eight equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $106.62.

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of Verisk Analytics by 3.6% during the 2nd quarter. BlackRock Inc. now owns 10,487,625 shares of the business services provider’s stock worth $1,128,890,000 after buying an additional 361,670 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Verisk Analytics by 17.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,747,411 shares of the business services provider’s stock valued at $726,290,000 after purchasing an additional 987,698 shares during the period. Janus Henderson Group PLC raised its holdings in shares of Verisk Analytics by 6.6% in the 2nd quarter. Janus Henderson Group PLC now owns 4,998,795 shares of the business services provider’s stock valued at $538,070,000 after purchasing an additional 308,154 shares during the period. Franklin Resources Inc. raised its holdings in shares of Verisk Analytics by 44.8% in the 1st quarter. Franklin Resources Inc. now owns 2,773,570 shares of the business services provider’s stock valued at $288,485,000 after purchasing an additional 858,233 shares during the period. Finally, Mawer Investment Management Ltd. raised its holdings in shares of Verisk Analytics by 0.8% in the 2nd quarter. Mawer Investment Management Ltd. now owns 1,850,923 shares of the business services provider’s stock valued at $199,211,000 after purchasing an additional 15,418 shares during the period. Institutional investors own 92.30% of the company’s stock.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

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