Lee Shavel Acquires 312 Shares of Verisk Analytics, Inc. (VRSK) Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) CFO Lee Shavel acquired 312 shares of Verisk Analytics stock in a transaction dated Wednesday, November 21st. The shares were acquired at an average price of $120.00 per share, with a total value of $37,440.00. Following the completion of the acquisition, the chief financial officer now directly owns 29,734 shares of the company’s stock, valued at $3,568,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Lee Shavel also recently made the following trade(s):

  • On Wednesday, October 10th, Lee Shavel acquired 312 shares of Verisk Analytics stock. The shares were acquired at an average price of $119.41 per share, with a total value of $37,255.92.
  • On Wednesday, September 19th, Lee Shavel acquired 312 shares of Verisk Analytics stock. The shares were acquired at an average price of $119.82 per share, with a total value of $37,383.84.

Verisk Analytics stock traded up $0.87 during midday trading on Monday, hitting $120.93. 41,048 shares of the stock were exchanged, compared to its average volume of 1,016,386. Verisk Analytics, Inc. has a 52-week low of $90.60 and a 52-week high of $124.50. The stock has a market cap of $19.76 billion, a PE ratio of 37.66, a price-to-earnings-growth ratio of 2.48 and a beta of 0.58. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.49 and a current ratio of 0.49.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Tuesday, October 30th. The business services provider reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.01. Verisk Analytics had a net margin of 27.94% and a return on equity of 31.53%. The business had revenue of $598.70 million for the quarter, compared to analysts’ expectations of $596.79 million. During the same period in the previous year, the company earned $0.84 earnings per share. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. As a group, analysts predict that Verisk Analytics, Inc. will post 4.15 EPS for the current fiscal year.

A number of brokerages have recently issued reports on VRSK. Zacks Investment Research cut shares of Verisk Analytics from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. Robert W. Baird lifted their price objective on shares of Verisk Analytics from $125.00 to $133.00 and gave the company an “outperform” rating in a report on Thursday, November 1st. SunTrust Banks reiterated a “hold” rating and set a $109.00 price objective on shares of Verisk Analytics in a report on Wednesday, August 1st. BidaskClub cut shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 22nd. Finally, Morgan Stanley reiterated a “hold” rating and set a $119.00 price objective (up from $113.00) on shares of Verisk Analytics in a report on Thursday, September 13th. Eight investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Verisk Analytics currently has an average rating of “Buy” and an average price target of $112.17.

A number of institutional investors have recently added to or reduced their stakes in VRSK. FMR LLC boosted its stake in Verisk Analytics by 3.8% in the second quarter. FMR LLC now owns 12,029 shares of the business services provider’s stock valued at $1,295,000 after acquiring an additional 437 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in Verisk Analytics by 5.5% in the third quarter. Louisiana State Employees Retirement System now owns 9,600 shares of the business services provider’s stock valued at $1,157,000 after acquiring an additional 500 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Verisk Analytics by 1.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 35,223 shares of the business services provider’s stock valued at $4,246,000 after acquiring an additional 504 shares during the last quarter. Pendal Group Ltd boosted its stake in Verisk Analytics by 16.6% in the third quarter. Pendal Group Ltd now owns 3,730 shares of the business services provider’s stock valued at $450,000 after acquiring an additional 530 shares during the last quarter. Finally, Covington Capital Management boosted its stake in Verisk Analytics by 4.8% in the third quarter. Covington Capital Management now owns 11,607 shares of the business services provider’s stock valued at $1,399,000 after acquiring an additional 530 shares during the last quarter. Institutional investors and hedge funds own 94.09% of the company’s stock.

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About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

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