Verisk Analytics Inc. (VRSK) COO Mark V. Anquillare Sells 20,000 Shares
Verisk Analytics Inc. (NASDAQ:VRSK) COO Mark V. Anquillare sold 20,000 shares of Verisk Analytics stock in a transaction that occurred on Thursday, October 13th. The shares were sold at an average price of $78.88, for a total transaction of $1,577,600.00. Following the sale, the chief operating officer now owns 74,090 shares of the company’s stock, valued at $5,844,219.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Verisk Analytics Inc. (NASDAQ:VRSK) opened at 79.36 on Friday. Verisk Analytics Inc. has a 52 week low of $64.79 and a 52 week high of $86.00. The firm has a market capitalization of $13.41 billion, a price-to-earnings ratio of 22.77 and a beta of 0.54. The stock has a 50 day moving average price of $81.54 and a 200-day moving average price of $80.50.
Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, August 2nd. The company reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by $0.03. The firm earned $498.30 million during the quarter, compared to analyst estimates of $504.44 million. Verisk Analytics had a net margin of 28.54% and a return on equity of 39.49%. The firm’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same period last year, the company earned $0.77 earnings per share. On average, analysts anticipate that Verisk Analytics Inc. will post $3.00 EPS for the current year.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/14/verisk-analytics-inc-vrsk-coo-mark-v-anquillare-sells-20000-shares.html
Hedge funds have recently bought and sold shares of the company. Pinkerton Retirement Specialists LLC bought a new stake in Verisk Analytics during the second quarter worth $100,000. Van ECK Associates Corp bought a new stake in Verisk Analytics during the second quarter worth $111,000. Checchi Capital Advisers LLC boosted its stake in Verisk Analytics by 1.9% in the second quarter. Checchi Capital Advisers LLC now owns 1,602 shares of the company’s stock worth $130,000 after buying an additional 30 shares during the last quarter. Creative Planning boosted its stake in Verisk Analytics by 27.9% in the second quarter. Creative Planning now owns 1,625 shares of the company’s stock worth $132,000 after buying an additional 354 shares during the last quarter. Finally, Global X Management Co. LLC boosted its stake in Verisk Analytics by 103.2% in the second quarter. Global X Management Co. LLC now owns 2,034 shares of the company’s stock worth $165,000 after buying an additional 1,033 shares during the last quarter. 90.79% of the stock is owned by institutional investors.
Several equities research analysts have issued reports on VRSK shares. Macquarie started coverage on shares of Verisk Analytics in a research report on Thursday, August 25th. They set a “neutral” rating and a $88.00 target price for the company. Morgan Stanley reiterated an “overweight” rating on shares of Verisk Analytics in a research report on Wednesday, June 29th. Cantor Fitzgerald reiterated a “buy” rating on shares of Verisk Analytics in a research report on Friday, August 19th. Finally, Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Tuesday, July 12th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $84.80.
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others.
Receive News & Ratings for Verisk Analytics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics Inc. and related companies with MarketBeat.com's FREE daily email newsletter.