Aberdeen Group plc Raises Position in Verisk Analytics, Inc. $VRSK

Aberdeen Group plc lifted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 120,237 shares of the business services provider’s stock after purchasing an additional 6,653 shares during the quarter. Aberdeen Group plc’s holdings in Verisk Analytics were worth $30,431,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Verisk Analytics by 1.0% in 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 buying an additional 161,213 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Verisk Analytics by 0.8% in the second 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 period. Norges Bank purchased a new stake in shares of Verisk Analytics in the second quarter valued at $556,192,000. Parnassus Investments LLC lifted its holdings 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 acquiring an additional 360,419 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Verisk Analytics by 4.6% during the 2nd quarter. Franklin Resources Inc. now owns 1,333,337 shares of the business services provider’s stock worth $415,334,000 after purchasing an additional 58,772 shares during the period. Institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

VRSK has been the topic of a number of recent analyst reports. Wells Fargo & Company reduced their price objective on shares of Verisk Analytics from $280.00 to $237.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Evercore reduced their price target on Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a report on Thursday, October 30th. Wolfe Research reissued an “outperform” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Royal Bank Of Canada cut their price objective on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Finally, Morgan Stanley decreased their target price on Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $269.57.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $181.21 on Tuesday. The company has a market capitalization of $25.26 billion, a PE ratio of 27.62, a P/E/G ratio of 2.56 and a beta of 0.79. The company has a 50-day simple moving average of $211.93 and a two-hundred day simple moving average of $232.48. Verisk Analytics, Inc. has a one year low of $164.60 and a one year high of $322.92. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19.

Insider Activity at Verisk Analytics

In related news, CFO Elizabeth Mann sold 300 shares of the 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 completion of the sale, the chief financial officer owned 14,265 shares of the company’s stock, valued at $3,131,738.10. This represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.46% of the stock is currently 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.