Verisk Analytics, Inc. $VRSK Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund lessened its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 11.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,514 shares of the business services provider’s stock after selling 10,817 shares during the period. New York State Common Retirement Fund owned approximately 0.06% of Verisk Analytics worth $21,759,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. AlphaCore Capital LLC purchased a new position in Verisk Analytics in the second quarter valued at $27,000. Osterweis Capital Management Inc. acquired a new stake in Verisk Analytics in the 2nd quarter valued at about $28,000. Spurstone Advisory Services LLC purchased a new position in shares of Verisk Analytics in the 2nd quarter valued at about $29,000. NewSquare Capital LLC grew its position in shares of Verisk Analytics by 69.0% during the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after buying an additional 40 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in shares of Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after buying an additional 42 shares during the period. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Wells Fargo & Company decreased their price target on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Morgan Stanley reduced their price objective on shares of Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 17th. Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their target price for the stock from $310.00 to $275.00 in a research note on Thursday, October 30th. JPMorgan Chase & Co. cut their price target on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, The Goldman Sachs Group lowered their price objective on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $278.64.

Insider Buying and Selling

In other news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total transaction of $65,862.00. Following the transaction, the chief financial officer directly owned 14,265 shares in the company, valued at approximately $3,131,738.10. This trade represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the completion of the sale, the chief executive officer owned 77,807 shares of the company’s stock, valued at approximately $16,883,340.93. This trade represents a 1.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,700 shares of company stock worth $369,648. Insiders own 0.46% of the company’s stock.

Verisk Analytics Stock Up 0.4%

Verisk Analytics stock opened at $217.46 on Friday. The company has a market capitalization of $30.31 billion, a P/E ratio of 33.15, a PEG ratio of 3.08 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. The stock has a 50-day simple moving average of $220.50 and a 200-day simple moving average of $241.45.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $776.04 million. During the same quarter last year, the business posted $1.67 EPS. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. Equities research analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

About Verisk Analytics

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.