Tower Research Capital LLC TRC Boosts Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Tower Research Capital LLC TRC raised its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 7,686.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,959 shares of the business services provider’s stock after buying an additional 2,921 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Verisk Analytics were worth $468,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of VRSK. Private Trust Co. NA purchased a new position in Verisk Analytics in the second quarter valued at about $237,000. WINTON GROUP Ltd grew its stake in shares of Verisk Analytics by 40.8% during the second quarter. WINTON GROUP Ltd now owns 12,922 shares of the business services provider’s stock worth $1,893,000 after acquiring an additional 3,743 shares during the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Verisk Analytics by 3.1% during the second quarter. Crossmark Global Holdings Inc. now owns 12,496 shares of the business services provider’s stock worth $1,830,000 after acquiring an additional 377 shares during the last quarter. Retirement Systems of Alabama grew its stake in shares of Verisk Analytics by 0.3% during the second quarter. Retirement Systems of Alabama now owns 76,327 shares of the business services provider’s stock worth $11,179,000 after acquiring an additional 191 shares during the last quarter. Finally, Chicago Capital LLC purchased a new stake in shares of Verisk Analytics during the second quarter worth about $366,000. Institutional investors own 89.18% of the company’s stock.

A number of equities research analysts have recently weighed in on VRSK shares. Keefe, Bruyette & Woods started coverage on Verisk Analytics in a research note on Monday, September 23rd. They set a “market perform” rating and a $166.00 price target on the stock. ValuEngine lowered Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Robert W. Baird boosted their price target on Verisk Analytics from $137.00 to $165.00 and gave the stock an “outperform” rating in a research note on Monday, August 26th. BidaskClub lowered Verisk Analytics from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 5th. Finally, William Blair restated an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, October 31st. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. Verisk Analytics presently has a consensus rating of “Hold” and an average price target of $148.20.

In related news, insider Vincent De P. Mccarthy sold 46,229 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $156.87, for a total value of $7,251,943.23. Following the sale, the insider now owns 53,922 shares in the company, valued at $8,458,744.14. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Vincent De P. Mccarthy sold 3,591 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $157.85, for a total value of $566,839.35. Following the completion of the sale, the insider now owns 36,033 shares in the company, valued at approximately $5,687,809.05. The disclosure for this sale can be found here. In the last quarter, insiders sold 79,661 shares of company stock worth $12,025,536. 2.71% of the stock is owned by insiders.

Shares of NASDAQ VRSK opened at $141.18 on Monday. The business’s 50 day moving average price is $150.32 and its 200 day moving average price is $150.01. The firm has a market cap of $23.11 billion, a P/E ratio of 34.35, a P/E/G ratio of 3.07 and a beta of 0.68. Verisk Analytics, Inc. has a 52 week low of $102.74 and a 52 week high of $164.97. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.40.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, October 29th. The business services provider reported $1.12 EPS for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.01). The firm had revenue of $652.70 million during the quarter, compared to analysts’ expectations of $650.34 million. Verisk Analytics had a net margin of 18.23% and a return on equity of 33.57%. Verisk Analytics’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.08 EPS. As a group, research analysts expect that Verisk Analytics, Inc. will post 4.38 earnings per share for the current year.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.

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

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