Verisk Analytics, Inc. (NASDAQ:VRSK) Director Sells $347,746.05 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $294.95, for a total transaction of $347,746.05. Following the completion of the sale, the director now directly owns 13,786 shares in the company, valued at approximately $4,066,180.70. This trade represents a 7.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Bruce Edward Hansen also recently made the following trade(s):

• On Tuesday, January 7th, Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock. The stock was sold at an average price of $272.81, for a total value of $321,642.99.

Verisk Analytics Stock Up 0.1 %

Shares of Verisk Analytics stock opened at $294.00 on Tuesday. Verisk Analytics, Inc. has a 1 year low of $217.34 and a 1 year high of $296.58. The firm has a market cap of $41.52 billion, a price-to-earnings ratio of 45.87, a PEG ratio of 3.39 and a beta of 0.89. The company has a 50-day moving average of $281.33 and a 200 day moving average of $275.69. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82.

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio is 24.34%.

Hedge Funds Weigh In On Verisk Analytics

Several large investors have recently made changes to their positions in VRSK. Dorsey & Whitney Trust CO LLC increased its position in Verisk Analytics by 3.1% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,213 shares of the business services provider’s stock valued at $334,000 after buying an additional 37 shares in the last quarter. Marshall Financial Group LLC grew its stake in shares of Verisk Analytics by 0.8% in the third quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock worth $1,322,000 after acquiring an additional 38 shares during the last quarter. Signaturefd LLC increased its holdings in shares of 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 acquiring an additional 38 shares in the last quarter. Gateway Investment Advisers LLC raised its position in shares of Verisk Analytics by 0.8% in the 3rd quarter. Gateway Investment Advisers LLC now owns 5,109 shares of the business services provider’s stock worth $1,369,000 after purchasing an additional 43 shares during the last quarter. Finally, Citizens Financial Group Inc. RI boosted its stake in Verisk Analytics by 2.2% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 2,025 shares of the business services provider’s stock worth $543,000 after purchasing an additional 43 shares in the last quarter. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on VRSK shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a research report on Tuesday, January 7th. Morgan Stanley raised their price target on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Barclays downgraded shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective on the stock. in a research report on Friday, January 10th. BMO Capital Markets raised their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Finally, Robert W. Baird boosted their price target on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $293.11.

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.