Evermay Wealth Management LLC decreased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 7.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 995 shares of the business services provider’s stock after selling 82 shares during the period. Evermay Wealth Management LLC’s holdings in Verisk Analytics were worth $235,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Westpac Banking Corp raised its stake in Verisk Analytics by 94.8% during the fourth quarter. Westpac Banking Corp now owns 1,243 shares of the business services provider’s stock worth $297,000 after acquiring an additional 605 shares in the last quarter. Federated Hermes Inc. lifted its stake in Verisk Analytics by 10.9% in the 4th quarter. Federated Hermes Inc. now owns 346,646 shares of the business services provider’s stock valued at $82,800,000 after purchasing an additional 34,077 shares during the last quarter. Epoch Investment Partners Inc. boosted its position in Verisk Analytics by 225.5% in the fourth quarter. Epoch Investment Partners Inc. now owns 205,110 shares of the business services provider’s stock valued at $48,993,000 after buying an additional 142,088 shares in the last quarter. Pinebridge Investments L.P. grew its stake in shares of Verisk Analytics by 64.2% during the fourth quarter. Pinebridge Investments L.P. now owns 8,231 shares of the business services provider’s stock worth $1,966,000 after buying an additional 3,219 shares during the last quarter. Finally, Fenimore Asset Management Inc. increased its holdings in shares of Verisk Analytics by 421.9% during the fourth quarter. Fenimore Asset Management Inc. now owns 75,404 shares of the business services provider’s stock worth $18,011,000 after buying an additional 60,957 shares in the last quarter. 90.00% of the stock is owned by institutional investors.
Verisk Analytics Trading Down 0.2 %
VRSK stock traded down $0.65 during trading on Thursday, hitting $275.90. The company had a trading volume of 681,125 shares, compared to its average volume of 841,004. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 9.94. Verisk Analytics, Inc. has a one year low of $215.32 and a one year high of $282.21. The business has a 50-day moving average of $266.36 and a 200-day moving average of $247.26. The stock has a market cap of $39.37 billion, a PE ratio of 51.47, a PEG ratio of 3.46 and a beta of 0.84.
Insider Buying and Selling at Verisk Analytics
In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $262.31, for a total value of $52,462.00. Following the completion of the sale, the chief financial officer now directly owns 16,608 shares in the company, valued at $4,356,444.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $262.31, for a total value of $52,462.00. Following the completion of the sale, the chief financial officer now directly owns 16,608 shares in the company, valued at $4,356,444.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kathy Card Beckles sold 326 shares of the company’s stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of $272.22, for a total transaction of $88,743.72. Following the transaction, the insider now owns 7,470 shares in the company, valued at approximately $2,033,483.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,237 shares of company stock valued at $572,739. 0.40% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. Evercore ISI raised their price objective on Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a report on Tuesday, June 25th. UBS Group lifted their price target on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research note on Tuesday, July 9th. Finally, BMO Capital Markets upped their price objective on Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a research note on Thursday, May 2nd. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $258.54.
Read Our Latest Stock Report on Verisk Analytics
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.
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