5,148 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,148 shares of the business services provider's stock, valued at approximately $1,379,000.

Several other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC bought a new position in Verisk Analytics during the 2nd quarter worth approximately $31,000. Chilton Capital Management LLC acquired a new position in Verisk Analytics in the second quarter valued at $34,000. Ashton Thomas Securities LLC acquired a new position in Verisk Analytics in the third quarter valued at $34,000. Rothschild Investment LLC bought a new stake in Verisk Analytics during the second quarter valued at $41,000. Finally, Kings Path Partners LLC acquired a new stake in Verisk Analytics during the 2nd quarter worth about $46,000. Institutional investors own 90.00% of the company's stock.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of Verisk Analytics stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $280.71, for a total value of $280,710.00. Following the sale, the chief executive officer now owns 53,163 shares of the company's stock, valued at approximately $14,923,385.73. The trade was a 1.85 % 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, CFO Elizabeth Mann sold 200 shares of the stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the transaction, the chief financial officer now directly owns 15,808 shares of the company's stock, valued at $4,289,184.64. This represents a 1.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,400 shares of company stock worth $678,764 in the last 90 days. Insiders own 0.40% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on VRSK. Robert W. Baird boosted their price objective on Verisk Analytics from $285.00 to $301.00 and gave the company an "outperform" rating in a research note on Thursday, October 31st. Royal Bank of Canada increased their price target on Verisk Analytics from $268.00 to $300.00 and gave the stock an "outperform" rating in a report on Thursday, October 17th. Barclays boosted their target price on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an "overweight" rating in a research report on Friday, September 13th. Evercore ISI restated an "in-line" rating and issued a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company raised shares of Verisk Analytics to a "strong-buy" rating in a research note on Tuesday, August 13th. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $285.80.

Verisk Analytics Stock Down 0.7 %

Shares of NASDAQ:VRSK traded down $2.15 during mid-day trading on Monday, hitting $284.91. 877,970 shares of the company traded hands, compared to its average volume of 780,930. The stock has a 50-day moving average price of $278.25 and a two-hundred day moving average price of $271.82. Verisk Analytics, Inc. has a 12-month low of $217.34 and a 12-month high of $296.58. The stock has a market cap of $40.23 billion, a P/E ratio of 44.45, a P/E/G ratio of 3.60 and a beta of 0.87. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted its earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.07. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The firm had revenue of $725.30 million during the quarter, compared to analyst estimates of $722.19 million. During the same quarter in the prior year, the business posted $1.52 EPS. The business's revenue was up 7.0% compared to the same quarter last year. On average, equities research analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.39 per share. The ex-dividend date is Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.55%. Verisk Analytics's dividend payout ratio is currently 24.34%.

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.