Caxton Associates LLP Acquires 12,797 Shares of Verisk Analytics, Inc. $VRSK

Caxton Associates LLP grew its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 127.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,834 shares of the business services provider’s stock after purchasing an additional 12,797 shares during the period. Caxton Associates LLP’s holdings in Verisk Analytics were worth $7,113,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VRSK. Vanguard Group Inc. increased its holdings in Verisk Analytics by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 16,894,802 shares of the business services provider’s stock worth $5,262,731,000 after buying an additional 161,213 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in shares of Verisk Analytics by 0.5% during the 1st quarter. Alliancebernstein L.P. now owns 5,235,090 shares of the business services provider’s stock valued at $1,558,067,000 after acquiring an additional 25,010 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Verisk Analytics by 0.8% during the 2nd quarter. Geode Capital Management LLC now owns 4,011,295 shares of the business services provider’s stock valued at $1,249,900,000 after acquiring an additional 33,213 shares during the last quarter. Norges Bank bought a new stake in shares of Verisk Analytics in the second quarter worth approximately $556,192,000. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of Verisk Analytics by 19.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,704,246 shares of the business services provider’s stock valued at $507,219,000 after purchasing an additional 283,238 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on VRSK shares. Evercore ISI dropped their target price on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a report on Thursday, October 30th. Rothschild & Co Redburn reissued a “sell” rating and set a $220.00 price target (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Argus downgraded Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Friday, November 14th. Wells Fargo & Company reduced their price objective on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Verisk Analytics in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Verisk Analytics presently has an average rating of “Hold” and a consensus price target of $282.14.

Verisk Analytics Trading Up 0.4%

NASDAQ:VRSK opened at $217.14 on Friday. Verisk Analytics, Inc. has a one year low of $196.99 and a one year high of $322.92. The business has a fifty day moving average price of $225.57 and a 200-day moving average price of $263.27. The firm has a market capitalization of $30.26 billion, a price-to-earnings ratio of 33.10, a price-to-earnings-growth ratio of 3.41 and a beta of 0.81. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.19.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.02. The company had revenue of $768.30 million for the quarter, compared to the consensus estimate of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.Verisk Analytics’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.67 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Sell-side analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a dividend of $0.45 per share. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s payout ratio is 27.44%.

Insider Buying and Selling

In other news, Director Gregory Hendrick bought 500 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were bought at an average price of $216.14 per share, for a total transaction of $108,070.00. Following the purchase, the director owned 2,536 shares in the company, valued at approximately $548,131.04. The trade was a 24.56% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sabra R. Purtill purchased 450 shares of the stock in a transaction on Friday, October 31st. The shares were purchased at an average cost of $217.95 per share, for a total transaction of $98,077.50. Following the acquisition, the director directly owned 1,327 shares of the company’s stock, valued at approximately $289,219.65. This represents a 51.31% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 1,450 shares of company stock worth $314,663 and sold 2,000 shares worth $452,871. 0.46% of the stock is owned by insiders.

Verisk Analytics 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.