Verisk Analytics Inc. (NASDAQ:VRSK) COO Mark V. Anquillare sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 13th. The shares were sold at an average price of $78.88, for a total transaction of $1,577,600.00. Following the completion of the transaction, the chief operating officer now owns 74,090 shares of the company’s stock, valued at approximately $5,844,219.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Verisk Analytics Inc. (NASDAQ:VRSK) opened at 80.34 on Wednesday. Verisk Analytics Inc. has a 12 month low of $64.79 and a 12 month high of $86.00. The stock’s 50 day moving average is $81.25 and its 200 day moving average is $80.54. The firm has a market cap of $13.58 billion, a P/E ratio of 23.05 and a beta of 0.54.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.73 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by $0.03. Verisk Analytics had a return on equity of 39.49% and a net margin of 28.54%. The business had revenue of $498.30 million for the quarter, compared to analysts’ expectations of $504.44 million. During the same period in the previous year, the firm posted $0.77 EPS. The firm’s revenue for the quarter was up 16.3% compared to the same quarter last year. Equities research analysts expect that Verisk Analytics Inc. will post $3.00 EPS for the current year.
A number of research analysts recently issued reports on the stock. Cantor Fitzgerald set a $87.00 price objective on shares of Verisk Analytics and gave the company a “buy” rating in a report on Wednesday, August 3rd. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Saturday, August 6th. Morgan Stanley reiterated an “overweight” rating on shares of Verisk Analytics in a report on Wednesday, June 29th. Finally, Macquarie assumed coverage on shares of Verisk Analytics in a report on Thursday, August 25th. They issued a “neutral” rating and a $88.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $84.80.
Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of Montreal Can acquired a new position in shares of Verisk Analytics during the second quarter valued at approximately $14,238,000. Legal & General Group Plc raised its stake in shares of Verisk Analytics by 0.7% in the first quarter. Legal & General Group Plc now owns 627,541 shares of the company’s stock valued at $50,153,000 after buying an additional 4,216 shares in the last quarter. Intermede Investment Partners Ltd raised its stake in shares of Verisk Analytics by 2.0% in the second quarter. Intermede Investment Partners Ltd now owns 375,130 shares of the company’s stock valued at $30,416,000 after buying an additional 7,535 shares in the last quarter. Junto Capital Management LP purchased a new stake in shares of Verisk Analytics during the first quarter valued at about $27,233,000. Finally, Riverhead Capital Management LLC raised its stake in shares of Verisk Analytics by 65.5% in the first quarter. Riverhead Capital Management LLC now owns 41,621 shares of the company’s stock valued at $3,327,000 after buying an additional 16,465 shares in the last quarter. 90.79% of the stock is owned by institutional investors.
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others.
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