Illinois Municipal Retirement Fund Reduces Holdings in Verisk Analytics, Inc. $VRSK

Illinois Municipal Retirement Fund lowered its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 10.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 43,647 shares of the business services provider’s stock after selling 4,973 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Verisk Analytics were worth $10,978,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Accretive Wealth Partners LLC increased its stake in shares of Verisk Analytics by 0.8% in the second quarter. Accretive Wealth Partners LLC now owns 4,548 shares of the business services provider’s stock worth $1,417,000 after purchasing an additional 38 shares in the last quarter. STF Management LP grew its stake in Verisk Analytics by 1.8% in the 2nd quarter. STF Management LP now owns 2,119 shares of the business services provider’s stock valued at $660,000 after buying an additional 38 shares in the last quarter. NewSquare Capital LLC raised its holdings in Verisk Analytics by 69.0% during the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 40 shares during the period. Hantz Financial Services Inc. lifted its position 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 acquiring an additional 42 shares in the last quarter. Finally, Drive Wealth Management LLC boosted its holdings in shares of Verisk Analytics by 6.2% in the second quarter. Drive Wealth Management LLC now owns 758 shares of the business services provider’s stock worth $236,000 after acquiring an additional 44 shares during the period. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Stock Up 3.0%

VRSK stock opened at $179.00 on Friday. Verisk Analytics, Inc. has a 1-year low of $164.60 and a 1-year high of $322.92. The stock has a market cap of $24.95 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 2.45 and a beta of 0.79. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 8.55. The company’s 50 day moving average is $213.48 and its 200 day moving average is $234.67.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $219.54, for a total transaction of $65,862.00. Following the sale, the chief financial officer owned 14,265 shares in the company, valued at $3,131,738.10. This trade represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $216.99, for a total value of $238,689.00. Following the sale, the chief executive officer directly 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. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,700 shares of company stock worth $369,648. Corporate insiders own 0.46% of the company’s stock.

Wall Street Analysts Forecast Growth

VRSK has been the topic of a number of analyst reports. Wall Street Zen upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Sunday, January 25th. Morgan Stanley decreased their price target 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. Rothschild & Co Redburn restated a “sell” rating and issued a $220.00 price objective (down from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Finally, Evercore lowered 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 research note on Thursday, October 30th. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $269.57.

Verisk Analytics 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.