Verisk Analytics, Inc. (NASDAQ:VRSK) Director Sells $347,746.05 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $294.95, for a total transaction of $347,746.05. Following the completion of the sale, the director now owns 13,786 shares in the company, valued at $4,066,180.70. This represents a 7.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Bruce Edward Hansen also recently made the following trade(s):

• On Tuesday, January 7th, Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock. The shares were sold at an average price of $272.81, for a total transaction of $321,642.99.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $294.30 on Wednesday. Verisk Analytics, Inc. has a 52 week low of $217.34 and a 52 week high of $296.58. The business’s 50 day moving average price is $281.36 and its 200 day moving average price is $275.81. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The firm has a market cap of $41.56 billion, a P/E ratio of 45.91, a P/E/G ratio of 3.39 and a beta of 0.89.

Verisk Analytics Announces Dividend

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 dividend on an annualized basis and a dividend yield of 0.53%. Verisk Analytics’s payout ratio is currently 24.34%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VRSK. Manchester Capital Management LLC grew its position in Verisk Analytics by 468.8% during the 4th quarter. Manchester Capital Management LLC now owns 91 shares of the business services provider’s stock worth $25,000 after purchasing an additional 75 shares during the period. Sugarloaf Wealth Management LLC purchased a new stake in shares of Verisk Analytics in the fourth quarter worth about $28,000. Roxbury Financial LLC acquired a new stake in Verisk Analytics during the fourth quarter worth about $29,000. Centricity Wealth Management LLC purchased a new position in Verisk Analytics during the fourth quarter valued at approximately $28,000. Finally, SBI Securities Co. Ltd. acquired a new position in Verisk Analytics in the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VRSK. Robert W. Baird upped their price target on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Morgan Stanley upped their target price on Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. BMO Capital Markets raised their price target on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Barclays downgraded shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective on the stock. in a report on Friday, January 10th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a research note on Tuesday, January 7th. Six investment 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 company. Based on data from MarketBeat.com, Verisk Analytics has an average rating of “Hold” and an average target price of $293.11.

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.