AlphaQuest LLC Has $3.03 Million Stake in Verisk Analytics, Inc. $VRSK

AlphaQuest LLC boosted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 264.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,063 shares of the business services provider’s stock after buying an additional 8,756 shares during the quarter. AlphaQuest LLC’s holdings in Verisk Analytics were worth $3,034,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VRSK. Vanguard Group Inc. raised its position in shares of Verisk Analytics by 1.0% during the second quarter. Vanguard Group Inc. now owns 16,894,802 shares of the business services provider’s stock worth $5,262,731,000 after acquiring an additional 161,213 shares during the last quarter. Geode Capital Management LLC raised its holdings in 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 worth $1,249,900,000 after purchasing an additional 33,213 shares during the last quarter. Norges Bank bought a new position in Verisk Analytics during the 2nd quarter worth approximately $556,192,000. Parnassus Investments LLC lifted its position in shares of Verisk Analytics by 31.8% in the 3rd quarter. Parnassus Investments LLC now owns 1,492,715 shares of the business services provider’s stock worth $375,433,000 after purchasing an additional 360,419 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of Verisk Analytics by 4.6% in the 2nd quarter. Franklin Resources Inc. now owns 1,333,337 shares of the business services provider’s stock valued at $415,334,000 after purchasing an additional 58,772 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Down 1.1%

VRSK stock opened at $216.59 on Friday. The stock’s 50 day simple moving average is $220.61 and its 200 day simple moving average is $242.47. The company has a market cap of $30.19 billion, a P/E ratio of 33.02, a price-to-earnings-growth ratio of 3.12 and a beta of 0.81. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19. Verisk Analytics, Inc. has a fifty-two week low of $196.99 and a fifty-two week high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The firm had revenue of $768.30 million during the quarter, compared to analysts’ expectations of $776.04 million. During the same quarter last year, the firm posted $1.67 earnings per share. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. On average, research analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on VRSK. Wells Fargo & Company decreased their price objective on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. The Goldman Sachs Group decreased their price target on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Wolfe Research reissued an “outperform” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Royal Bank Of Canada dropped their price objective on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. Finally, Morgan Stanley cut their target price on Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 17th. Seven analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $278.64.

Insiders Place Their Bets

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total value of $65,862.00. Following the transaction, the chief financial officer directly owned 14,265 shares of the company’s stock, valued at approximately $3,131,738.10. This trade represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the transaction, the chief executive officer owned 77,807 shares of the company’s stock, valued at $16,883,340.93. This represents a 1.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,700 shares of company stock worth $369,648. 0.46% of the stock is owned by company insiders.

Verisk Analytics Company Profile

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.