Verisk Analytics, Inc. (NASDAQ:VRSK) Position Decreased by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB decreased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 9.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,673 shares of the business services provider’s stock after selling 600 shares during the period. E. Ohman J or Asset Management AB’s holdings in Verisk Analytics were worth $1,520,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Marshall Financial Group LLC boosted its position in shares of Verisk Analytics by 0.8% during the 3rd quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock valued at $1,322,000 after purchasing an additional 38 shares in the last quarter. Signaturefd LLC lifted its stake in Verisk Analytics by 1.5% during the third quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock valued at $693,000 after buying an additional 38 shares in the last quarter. Brookstone Capital Management lifted its stake in Verisk Analytics by 1.2% during the second quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock valued at $982,000 after buying an additional 41 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Verisk Analytics by 19.0% during the first quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock valued at $57,000 after buying an additional 42 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in Verisk Analytics by 2.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,533 shares of the business services provider’s stock valued at $361,000 after buying an additional 43 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Insider Activity at Verisk Analytics

In related news, CFO Elizabeth Mann sold 200 shares of the firm’s 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 owns 15,808 shares of the company’s stock, valued at approximately $4,289,184.64. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.40% of the company’s stock.

Verisk Analytics Price Performance

Shares of VRSK opened at $264.65 on Friday. The firm has a market cap of $37.76 billion, a PE ratio of 49.38, a PEG ratio of 3.40 and a beta of 0.86. The firm’s 50 day moving average price is $268.97 and its 200 day moving average price is $260.39. The company has a debt-to-equity ratio of 5.86, a quick ratio of 0.95 and a current ratio of 0.95. Verisk Analytics, Inc. has a twelve month low of $215.32 and a twelve month high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.10. The firm had revenue of $716.80 million for the quarter, compared to analyst estimates of $722.45 million. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.51 earnings per share. As a group, research analysts expect that Verisk Analytics, Inc. will post 6.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on VRSK. Robert W. Baird upped their price objective on shares of Verisk Analytics from $268.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Morgan Stanley upped their price objective on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 31st. Barclays increased their price target on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Evercore ISI reissued an “in-line” rating and issued a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Finally, BMO Capital Markets reduced their price target on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a research report on Thursday, August 1st. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Verisk Analytics has an average rating of “Moderate Buy” and a consensus price target of $278.67.

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.