Verisk Analytics, Inc. (NASDAQ:VRSK) Director David B. Wright sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $104.99, for a total transaction of $1,049,900.00. Following the transaction, the director now directly owns 18,951 shares of the company’s stock, valued at approximately $1,989,665.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Verisk Analytics, Inc. (NASDAQ VRSK) traded down $0.98 during trading on Monday, hitting $104.86. 636,203 shares of the stock traded hands, compared to its average volume of 988,400. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $106.07. The firm has a market capitalization of $17,465.78, a price-to-earnings ratio of 32.97, a P/E/G ratio of 2.43 and a beta of 0.71. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.19.
Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, February 20th. The business services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.56. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The company had revenue of $570.30 million during the quarter, compared to analyst estimates of $557.09 million. During the same quarter in the prior year, the business earned $0.80 earnings per share. The business’s quarterly revenue was up 12.7% compared to the same quarter last year. sell-side analysts forecast that Verisk Analytics, Inc. will post 3.97 earnings per share for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in the company. Global X MANAGEMENT CO LLC increased its position in shares of Verisk Analytics by 13.5% in the third quarter. Global X MANAGEMENT CO LLC now owns 4,885 shares of the business services provider’s stock worth $406,000 after acquiring an additional 580 shares in the last quarter. New Mexico Educational Retirement Board grew its holdings in Verisk Analytics by 4.2% during the 4th quarter. New Mexico Educational Retirement Board now owns 14,900 shares of the business services provider’s stock valued at $1,430,000 after purchasing an additional 600 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its holdings in Verisk Analytics by 6.9% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,589 shares of the business services provider’s stock valued at $920,000 after purchasing an additional 620 shares in the last quarter. HPM Partners LLC grew its holdings in Verisk Analytics by 18.9% during the 4th quarter. HPM Partners LLC now owns 4,119 shares of the business services provider’s stock valued at $395,000 after purchasing an additional 655 shares in the last quarter. Finally, Hosking Partners LLP grew its holdings in Verisk Analytics by 0.4% during the 3rd quarter. Hosking Partners LLP now owns 155,079 shares of the business services provider’s stock valued at $12,901,000 after purchasing an additional 657 shares in the last quarter. 92.46% of the stock is owned by institutional investors.
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About Verisk Analytics
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.
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