Verisk Analytics (NASDAQ:VRSK) Given New $325.00 Price Target at Wells Fargo & Company

Verisk Analytics (NASDAQ:VRSK) had its price target upped by stock analysts at Wells Fargo & Company from $313.00 to $325.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the business services provider’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 11.17% from the company’s current price.

VRSK has been the subject of several other research reports. Morgan Stanley raised their price objective on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Robert W. Baird raised their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Royal Bank of Canada reiterated an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a report on Tuesday, January 7th. Barclays cut shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price for the company. in a report on Friday, January 10th. Finally, BMO Capital Markets raised their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $295.33.

Verisk Analytics Stock Down 1.2 %

Verisk Analytics stock opened at $292.34 on Friday. Verisk Analytics has a 52 week low of $217.34 and a 52 week high of $296.94. 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 company’s 50-day moving average price is $282.42 and its two-hundred day moving average price is $276.93. The stock has a market cap of $41.28 billion, a price-to-earnings ratio of 45.66, a PEG ratio of 3.40 and a beta of 0.89.

Insider Activity

In other news, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $294.95, for a total value of $347,746.05. Following the transaction, the director now owns 13,786 shares of the company’s stock, valued at $4,066,180.70. This trade represents a 7.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Kathy Card Beckles sold 2,111 shares of Verisk Analytics stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the transaction, the insider now directly owns 9,066 shares in the company, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,469 shares of company stock valued at $1,264,818 over the last 90 days. 0.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Verisk Analytics

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Dorsey & Whitney Trust CO LLC increased its position in Verisk Analytics by 3.1% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,213 shares of the business services provider’s stock worth $334,000 after acquiring an additional 37 shares during the period. Signaturefd LLC increased its holdings in Verisk Analytics by 1.5% in the 3rd quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock valued at $693,000 after buying an additional 38 shares during the period. Citizens Financial Group Inc. RI increased its holdings in Verisk Analytics by 2.2% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 2,025 shares of the business services provider’s stock valued at $543,000 after buying an additional 43 shares during the period. Ascent Group LLC increased its holdings in Verisk Analytics by 1.7% in the 3rd quarter. Ascent Group LLC now owns 2,508 shares of the business services provider’s stock valued at $672,000 after buying an additional 43 shares during the period. Finally, Wilmington Savings Fund Society FSB increased its holdings in Verisk Analytics by 5.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 897 shares of the business services provider’s stock valued at $247,000 after buying an additional 43 shares during the period. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Company 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.