Jacobs Levy Equity Management Inc. Purchases Shares of 44,021 Verisk Analytics, Inc. (NASDAQ:VRSK)

Jacobs Levy Equity Management Inc. acquired a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the 1st quarter, Holdings Channel reports. The fund acquired 44,021 shares of the business services provider’s stock, valued at approximately $10,377,000.

A number of other institutional investors also recently bought and sold shares of the stock. OFI Invest Asset Management acquired a new stake in shares of Verisk Analytics during the first quarter worth $28,000. Frazier Financial Advisors LLC acquired a new stake in shares of Verisk Analytics during the fourth quarter worth about $32,000. DSM Capital Partners LLC purchased a new stake in shares of Verisk Analytics in the 4th quarter valued at $33,000. Global Retirement Partners LLC increased its stake in shares of Verisk Analytics by 48.5% in the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock worth $36,000 after acquiring an additional 49 shares during the period. Finally, Riverview Trust Co purchased a new position in shares of Verisk Analytics during the first quarter worth $40,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

Shares of VRSK stock traded down $22.78 on Wednesday, reaching $263.21. 522,971 shares of the company were exchanged, compared to its average volume of 839,113. Verisk Analytics, Inc. has a 1 year low of $215.32 and a 1 year high of $287.13. The company has a debt-to-equity ratio of 9.94, a quick ratio of 1.09 and a current ratio of 1.09. The business has a 50-day moving average price of $268.24 and a 200 day moving average price of $248.47. The company has a market cap of $37.55 billion, a price-to-earnings ratio of 49.49, a P/E/G ratio of 3.53 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, May 1st. The business services provider reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.11. The business had revenue of $704.00 million during the quarter, compared to analysts’ expectations of $699.07 million. Verisk Analytics had a return on equity of 268.19% and a net margin of 28.45%. The business’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.29 earnings per share. Equities research analysts forecast that Verisk Analytics, Inc. will post 6.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. BMO Capital Markets upped their price target on shares of Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a report on Thursday, May 2nd. UBS Group raised their target price on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Finally, Evercore ISI lifted their price target on Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a research report on Tuesday, June 25th. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $258.54.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $277.38, for a total value of $55,476.00. Following the completion of the sale, the chief financial officer now directly owns 16,408 shares of the company’s stock, valued at approximately $4,551,251.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $277.38, for a total value of $55,476.00. Following the transaction, the chief financial officer now directly owns 16,408 shares in the company, valued at approximately $4,551,251.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Nicholas Daffan sold 1,511 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $248.88, for a total value of $376,057.68. Following the completion of the transaction, the insider now owns 52,500 shares in the company, valued at $13,066,200. The disclosure for this sale can be found here. Insiders sold 2,237 shares of company stock valued at $572,739 over the last 90 days. 0.40% of the stock is currently owned by corporate insiders.

About Verisk Analytics

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.