Verisk Analytics (NASDAQ:VRSK) Shares Acquired Rep. Rick Larsen

Representative Rick Larsen (D-Washington) recently bought shares of Verisk Analytics, Inc. (NASDAQ:VRSK). In a filing disclosed on January 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Verisk Analytics stock on January 7th.

Representative Rick Larsen also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Cintas (NASDAQ:CTAS) on 1/7/2025.
• Sold $1,001 – $15,000 in shares of Booz Allen Hamilton (NYSE:BAH) on 1/7/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 1/7/2025.
• Sold $1,001 – $15,000 in shares of Comcast (NASDAQ:CMCSA) on 1/7/2025.
• Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 1/7/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 1/7/2025.
• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 1/7/2025.

Verisk Analytics Trading Up 0.1 %

Shares of VRSK opened at $273.81 on Thursday. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $296.58. The business’s 50-day moving average price is $282.46 and its 200 day moving average price is $274.68. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The stock has a market capitalization of $38.66 billion, a P/E ratio of 42.72, a P/E/G ratio of 3.55 and a beta of 0.88.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. The company had revenue of $725.30 million for the quarter, compared to the consensus estimate of $722.19 million. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 EPS. Analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.39 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.57%. Verisk Analytics’s dividend payout ratio is currently 24.34%.

Analyst Ratings Changes

VRSK has been the topic of a number of research reports. Robert W. Baird upped their price target on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. BMO Capital Markets upped their target price on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Morgan Stanley lifted their price target on Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Evercore ISI restated an “in-line” rating and issued a $279.00 price objective on shares of Verisk Analytics in a report on Wednesday, October 2nd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Verisk Analytics in a research report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $293.11.

Insider Transactions at Verisk Analytics

In related news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $57,298.00. Following the completion of the transaction, the chief financial officer now directly owns 15,608 shares of the company’s stock, valued at $4,471,535.92. This trade represents a 1.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $280.71, for a total transaction of $280,710.00. Following the completion of the sale, the chief executive officer now directly owns 53,163 shares in the company, valued at $14,923,385.73. This trade represents a 1.85 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,379 shares of company stock valued at $946,141. 0.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Verisk Analytics

Hedge funds and other institutional investors have recently modified their holdings of the stock. HBK Sorce Advisory LLC bought a new position in shares of Verisk Analytics during the 2nd quarter worth about $200,000. Parallel Advisors LLC grew its position in Verisk Analytics by 7.7% during the second quarter. Parallel Advisors LLC now owns 2,076 shares of the business services provider’s stock worth $560,000 after buying an additional 148 shares in the last quarter. Plato Investment Management Ltd increased its stake in Verisk Analytics by 5.0% during the second quarter. Plato Investment Management Ltd now owns 4,655 shares of the business services provider’s stock valued at $1,255,000 after acquiring an additional 221 shares during the period. Dimensional Fund Advisors LP raised its holdings in Verisk Analytics by 8.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,103,628 shares of the business services provider’s stock valued at $297,491,000 after acquiring an additional 85,202 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its position in shares of Verisk Analytics by 100.8% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 1,982 shares of the business services provider’s stock worth $534,000 after acquiring an additional 995 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2025. Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the primary scheduled on August 6, 2024. Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure. Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council. Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

About Verisk Analytics

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.