Sandia Holdings LLC Decreases Stake in Verisk Analytics, Inc. (VRSK)

Sandia Holdings LLC lessened its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 17.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,643 shares of the business services provider’s stock after selling 25,813 shares during the quarter. Verisk Analytics makes up about 7.1% of Sandia Holdings LLC’s investment portfolio, making the stock its 6th largest position. Sandia Holdings LLC’s holdings in Verisk Analytics were worth $15,146,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in VRSK. TRUE Private Wealth Advisors bought a new position in Verisk Analytics in the 3rd quarter valued at $110,000. Financial Architects Inc bought a new position in Verisk Analytics in the 3rd quarter valued at $113,000. Fort L.P. bought a new position in Verisk Analytics in the 2nd quarter valued at $121,000. Harvest Fund Management Co. Ltd bought a new position in Verisk Analytics in the 3rd quarter valued at $139,000. Finally, NuWave Investment Management LLC raised its position in Verisk Analytics by 458.2% in the 3rd quarter. NuWave Investment Management LLC now owns 1,189 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 976 shares during the last quarter. 94.09% of the stock is currently owned by institutional investors.

NASDAQ VRSK opened at $121.18 on Monday. The firm has a market capitalization of $19.76 billion, a PE ratio of 37.75, a PEG ratio of 2.48 and a beta of 0.58. Verisk Analytics, Inc. has a 52 week low of $90.60 and a 52 week high of $124.50. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.96.

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

In related news, CEO Scott G. Stephenson sold 18,063 shares of Verisk Analytics stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $119.26, for a total transaction of $2,154,193.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Vincent De P. Mccarthy sold 3,090 shares of Verisk Analytics stock in a transaction on Monday, November 19th. The stock was sold at an average price of $123.48, for a total value of $381,553.20. The disclosure for this sale can be found here. Insiders sold a total of 302,981 shares of company stock valued at $36,208,141 over the last three months. Insiders own 3.19% of the company’s stock.

Several equities analysts have issued reports on VRSK shares. BidaskClub downgraded Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 31st. SunTrust Banks reiterated a “hold” rating and issued a $109.00 price objective on shares of Verisk Analytics in a research report on Wednesday, August 1st. Keefe, Bruyette & Woods downgraded Verisk Analytics from an “outperform” rating to a “market perform” rating and set a $90.00 price objective for the company. in a research report on Thursday, August 2nd. Morgan Stanley lifted their price objective on Verisk Analytics from $108.00 to $113.00 and gave the company a “hold” rating in a research report on Thursday, August 2nd. Finally, Zacks Investment Research downgraded Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Tuesday, October 16th. Eight equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Verisk Analytics presently has a consensus rating of “Buy” and an average price target of $112.17.

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Verisk Analytics Company Profile

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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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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