Banque Cantonale Vaudoise Sells 1,882 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Banque Cantonale Vaudoise lessened its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 55.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,486 shares of the business services provider’s stock after selling 1,882 shares during the period. Banque Cantonale Vaudoise’s holdings in Verisk Analytics were worth $350,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. CVA Family Office LLC bought a new position in Verisk Analytics in the 4th quarter valued at approximately $30,000. Frazier Financial Advisors LLC bought a new position in Verisk Analytics in the 4th quarter valued at approximately $32,000. DSM Capital Partners LLC bought a new position in Verisk Analytics in the 4th quarter valued at approximately $33,000. Global Retirement Partners LLC lifted its stake in Verisk Analytics by 48.5% in the 4th quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 49 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Verisk Analytics by 25.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 221 shares of the business services provider’s stock valued at $53,000 after purchasing an additional 45 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Insiders Place Their Bets

In other Verisk Analytics news, insider Nicholas Daffan sold 1,554 shares of the firm’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $222.93, for a total value of $346,433.22. Following the completion of the sale, the insider now directly owns 51,715 shares in the company, valued at $11,528,824.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $262.31, for a total value of $52,462.00. Following the transaction, the chief financial officer now directly owns 16,608 shares of the company’s stock, valued at $4,356,444.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Nicholas Daffan sold 1,554 shares of the firm’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $222.93, for a total transaction of $346,433.22. Following the completion of the transaction, the insider now directly owns 51,715 shares in the company, valued at $11,528,824.95. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,746 shares of company stock worth $2,285,415. 0.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on VRSK shares. BMO Capital Markets increased their price objective on shares of Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a research note on Thursday, May 2nd. Evercore ISI restated an “in-line” rating and issued a $250.00 price target on shares of Verisk Analytics in a research report on Tuesday, March 26th. Nine analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and an average price target of $254.31.

Verisk Analytics Trading Up 0.8 %

VRSK opened at $270.32 on Monday. Verisk Analytics, Inc. has a twelve month low of $215.32 and a twelve month high of $270.71. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 9.94. The company has a fifty day moving average of $246.12 and a 200-day moving average of $241.01. The stock has a market cap of $38.57 billion, a PE ratio of 50.43, a price-to-earnings-growth ratio of 3.33 and a beta of 0.83.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, May 1st. The business services provider reported $1.63 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 28.45% and a return on equity of 268.19%. The business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period last year, the company posted $1.29 earnings per share. On average, sell-side analysts predict that Verisk Analytics, Inc. will post 6.55 EPS for the current year.

Verisk Analytics Announces Dividend

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

Verisk Analytics Profile

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.