Insider Selling: Verisk Analytics (NASDAQ:VRSK) CEO Sells 3,535 Shares of Stock
by Sarita Garza · The Markets DailyVerisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) CEO Lee Shavel sold 3,535 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $170.70, for a total value of $603,424.50. Following the completion of the sale, the chief executive officer owned 98,490 shares of the company’s stock, valued at approximately $16,812,243. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Lee Shavel also recently made the following trade(s):
- On Tuesday, September 1st, Lee Shavel sold 3,535 shares of Verisk Analytics stock. The stock was sold at an average price of $193.43, for a total value of $683,775.05.
- On Monday, August 3rd, Lee Shavel sold 3,535 shares of Verisk Analytics stock. The shares were sold at an average price of $196.94, for a total value of $696,182.90.
- On Wednesday, July 29th, Lee Shavel sold 2,500 shares of Verisk Analytics stock. The shares were sold at an average price of $220.00, for a total transaction of $550,000.00.
Verisk Analytics Stock Performance
Shares of Verisk Analytics stock traded down $4.50 on Friday, reaching $163.88. The stock had a trading volume of 826,024 shares, compared to its average volume of 1,950,394. The business’s 50-day moving average price is $184.56 and its two-hundred day moving average price is $182.55. The stock has a market cap of $21.33 billion, a P/E ratio of 25.17, a price-to-earnings-growth ratio of 1.91 and a beta of 0.69. Verisk Analytics, Inc. has a fifty-two week low of $155.94 and a fifty-two week high of $250.20.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last announced its earnings results on Wednesday, July 29th. The business services provider reported $1.98 EPS for the quarter, topping the consensus estimate of $1.93 by $0.05. The firm had revenue of $806.30 million for the quarter, compared to the consensus estimate of $804.02 million. Verisk Analytics had a net margin of 28.24% and a negative return on equity of 239.55%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.88 EPS. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, equities analysts forecast that Verisk Analytics, Inc. will post 7.71 earnings per share for the current fiscal year.
Verisk Analytics Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 15th. Verisk Analytics’s payout ratio is currently 30.72%.
Analysts Set New Price Targets
VRSK has been the topic of several recent analyst reports. Evercore set a $223.00 price target on Verisk Analytics in a research report on Thursday, July 30th. Barclays lowered their price objective on shares of Verisk Analytics from $275.00 to $225.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 8th. BMO Capital Markets reiterated an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, July 30th. UBS Group increased their price target on shares of Verisk Analytics from $220.00 to $235.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Finally, Weiss Ratings upgraded shares of Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $226.71.
Read Our Latest Report on VRSK
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. BlackRock Inc. bought a new position in Verisk Analytics in the second quarter worth $1,852,678,000. XXEC Inc. bought a new stake in Verisk Analytics in the 2nd quarter valued at $992,675,000. Bamco Inc. NY bought a new stake in Verisk Analytics in the 2nd quarter valued at $844,259,000. Capital International Investors raised its stake in shares of Verisk Analytics by 1,200.9% in the 4th quarter. Capital International Investors now owns 3,264,323 shares of the business services provider’s stock valued at $730,196,000 after buying an additional 3,013,400 shares in the last quarter. Finally, Parnassus Investments LLC raised its stake in shares of Verisk Analytics by 21.6% in the 4th quarter. Parnassus Investments LLC now owns 1,815,060 shares of the business services provider’s stock valued at $406,011,000 after buying an additional 322,345 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics and technology company that provides information, software and predictive insights primarily to the insurance industry. Its solutions help insurers assess risk, support underwriting, manage claims, detect fraud and improve pricing and operational decision-making across property and casualty, life and specialty insurance markets.
The company’s offerings include industry data and standardized insurance information through its ISO business, catastrophe modeling and risk analytics through Extreme Event Solutions and AIR Worldwide, and property estimating and claims-management tools through Xactware.
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