Verisk Analytics, Inc. (NASDAQ:VRSK) Stock Position Reduced by Chesley Taft & Associates LLC

Chesley Taft & Associates LLC lessened its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 1.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,930 shares of the business services provider’s stock after selling 65 shares during the period. Chesley Taft & Associates LLC’s holdings in Verisk Analytics were worth $926,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. SMI Advisory Services LLC bought a new stake in shares of Verisk Analytics in the 1st quarter worth approximately $3,893,000. Riverview Trust Co bought a new stake in shares of Verisk Analytics in the 1st quarter worth approximately $40,000. Gateway Investment Advisers LLC increased its position in Verisk Analytics by 5.2% in the 1st quarter. Gateway Investment Advisers LLC now owns 3,683 shares of the business services provider’s stock valued at $868,000 after acquiring an additional 183 shares during the period. Global Assets Advisory LLC acquired a new stake in Verisk Analytics in the 1st quarter valued at approximately $11,582,000. Finally, Peak Financial Advisors LLC increased its position in Verisk Analytics by 22.7% in the 1st quarter. Peak Financial Advisors LLC now owns 11,666 shares of the business services provider’s stock valued at $2,750,000 after acquiring an additional 2,159 shares during the period. Institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 1,554 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $222.93, for a total value of $346,433.22. Following the transaction, the insider now owns 51,715 shares in the company, valued at $11,528,824.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Nicholas Daffan sold 1,554 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $222.93, for a total transaction of $346,433.22. Following the completion of the sale, the insider now owns 51,715 shares in the company, valued at approximately $11,528,824.95. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $262.31, for a total value of $52,462.00. Following the sale, the chief financial officer now owns 16,608 shares of the company’s stock, valued at approximately $4,356,444.48. The disclosure for this sale can be found here. Insiders have sold 3,265 shares of company stock worth $774,953 over the last 90 days. 0.40% of the stock is currently owned by corporate insiders.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $270.85 on Friday. The stock has a market cap of $38.64 billion, a PE ratio of 50.53, a price-to-earnings-growth ratio of 3.36 and a beta of 0.83. The business has a fifty day simple moving average of $249.06 and a 200-day simple moving average of $241.75. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 9.94. Verisk Analytics, Inc. has a 12 month low of $215.32 and a 12 month high of $273.70.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last issued its earnings results on Wednesday, May 1st. The business services provider reported $1.63 EPS for the quarter, topping the consensus estimate of $1.52 by $0.11. The business had revenue of $704.00 million during the quarter, compared to analysts’ expectations of $699.07 million. Verisk Analytics had a return on equity of 268.19% and a net margin of 28.45%. Verisk Analytics’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.29 earnings per share. On average, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.55 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Saturday, June 15th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. Verisk Analytics’s dividend payout ratio (DPR) is currently 29.10%.

Analyst Ratings Changes

Several research firms recently commented on VRSK. Evercore ISI raised their target price on Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a research report on Tuesday. BMO Capital Markets raised their target price on Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a research report on Thursday, May 2nd. Nine research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $255.08.

Read Our Latest Research Report on VRSK

Verisk Analytics Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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