Lee Shavel Sells 1,000 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) CEO Lee Shavel sold 1,000 shares of the business’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $280.71, for a total transaction of $280,710.00. Following the sale, the chief executive officer now directly owns 53,163 shares of the company’s stock, valued at approximately $14,923,385.73. The trade was a 1.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Lee Shavel also recently made the following trade(s):

• On Friday, November 15th, Lee Shavel sold 1,000 shares of Verisk Analytics stock. The shares were sold at an average price of $286.49, for a total value of $286,490.00.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $281.64 on Wednesday. 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 fifty day simple moving average of $271.61 and a two-hundred day simple moving average of $267.68. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $291.42. The firm has a market cap of $39.77 billion, a price-to-earnings ratio of 43.94, a price-to-earnings-growth ratio of 3.52 and a beta of 0.86.

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

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is currently 24.34%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC purchased a new stake in shares of Verisk Analytics during the second quarter worth $31,000. Chilton Capital Management LLC bought a new stake in shares of Verisk Analytics during the 2nd quarter valued at $34,000. Ashton Thomas Securities LLC bought a new position in Verisk Analytics in the 3rd quarter worth about $34,000. Rothschild Investment LLC purchased a new position in Verisk Analytics during the 2nd quarter valued at about $41,000. Finally, Kings Path Partners LLC bought a new stake in shares of Verisk Analytics during the second quarter valued at about $46,000. 90.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VRSK. Royal Bank of Canada lifted their target price on Verisk Analytics from $268.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. BMO Capital Markets increased their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Barclays upped their price objective on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Evercore ISI reissued an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Finally, Morgan Stanley upped their target price on Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a report on Wednesday, July 31st. Six research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $285.80.

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.