Crestline Management LP increased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 84.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 88,806 shares of the business services provider’s stock after purchasing an additional 40,562 shares during the quarter. Verisk Analytics makes up approximately 0.9% of Crestline Management LP’s investment portfolio, making the stock its 7th largest position. Crestline Management LP owned about 0.05% of Verisk Analytics worth $8,525,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Global X MANAGEMENT CO LLC increased its position in shares of Verisk Analytics by 13.5% during the third quarter. Global X MANAGEMENT CO LLC now owns 4,885 shares of the business services provider’s stock worth $406,000 after purchasing an additional 580 shares in the last quarter. New Mexico Educational Retirement Board boosted its stake in Verisk Analytics by 4.2% during the fourth quarter. New Mexico Educational Retirement Board now owns 14,900 shares of the business services provider’s stock worth $1,430,000 after buying an additional 600 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its stake in Verisk Analytics by 6.9% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,589 shares of the business services provider’s stock worth $920,000 after buying an additional 620 shares during the last quarter. HPM Partners LLC boosted its stake in Verisk Analytics by 18.9% during the fourth quarter. HPM Partners LLC now owns 4,119 shares of the business services provider’s stock worth $395,000 after buying an additional 655 shares during the last quarter. Finally, Hosking Partners LLP boosted its stake in Verisk Analytics by 0.4% during the third quarter. Hosking Partners LLP now owns 155,079 shares of the business services provider’s stock worth $12,901,000 after buying an additional 657 shares during the last quarter. Hedge funds and other institutional investors own 92.46% of the company’s stock.
In other news, Director John F. Lehman sold 10,526 shares of the company’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $95.11, for a total value of $1,001,127.86. Following the transaction, the director now owns 92,656 shares of the company’s stock, valued at approximately $8,812,512.16. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Lee Shavel purchased 390 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The stock was acquired at an average cost of $96.36 per share, for a total transaction of $37,580.40. Following the purchase, the chief financial officer now owns 22,341 shares in the company, valued at $2,152,778.76. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 1,531 shares of company stock worth $149,796 and sold 107,220 shares worth $10,762,450. Corporate insiders own 3.41% of the company’s stock.
Shares of Verisk Analytics, Inc. (VRSK) traded down $0.01 during trading on Wednesday, hitting $104.47. The stock had a trading volume of 31,440 shares, compared to its average volume of 962,183. Verisk Analytics, Inc. has a twelve month low of $75.60 and a twelve month high of $106.07. The firm has a market cap of $17,240.00, a price-to-earnings ratio of 37.86, a PEG ratio of 2.41 and a beta of 0.71. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.19.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Tuesday, February 20th. The business services provider reported $1.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.56. Verisk Analytics had a return on equity of 33.58% and a net margin of 25.88%. The business had revenue of $570.30 million for the quarter, compared to analyst estimates of $557.09 million. During the same quarter in the prior year, the company posted $0.80 EPS. The company’s quarterly revenue was up 12.7% on a year-over-year basis. research analysts expect that Verisk Analytics, Inc. will post 3.97 earnings per share for the current year.
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Verisk Analytics Profile
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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