Cavalier Investments LLC Grows Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Cavalier Investments LLC lifted its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 12,562 shares of the business services provider’s stock after buying an additional 759 shares during the period. Verisk Analytics accounts for approximately 1.0% of Cavalier Investments LLC’s holdings, making the stock its 24th largest holding. Cavalier Investments LLC’s holdings in Verisk Analytics were worth $3,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Oak Thistle LLC purchased a new position in shares of Verisk Analytics during the 1st quarter worth $386,000. MV Capital Management Inc. raised its position in shares of Verisk Analytics by 37.8% during the 1st quarter. MV Capital Management Inc. now owns 923 shares of the business services provider’s stock worth $218,000 after acquiring an additional 253 shares in the last quarter. Verum Partners LLC acquired a new position in Verisk Analytics during the first quarter worth approximately $589,000. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Verisk Analytics by 1.2% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 362,915 shares of the business services provider’s stock valued at $85,550,000 after purchasing an additional 4,147 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of Verisk Analytics by 0.4% in the first quarter. State of Alaska Department of Revenue now owns 15,731 shares of the business services provider’s stock valued at $3,708,000 after buying an additional 70 shares in the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Verisk Analytics

In related news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the transaction, the chief financial officer now owns 15,808 shares of the company’s stock, valued at approximately $4,289,184.64. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is owned by insiders.

Verisk Analytics Stock Performance

Shares of VRSK opened at $264.65 on Monday. Verisk Analytics, Inc. has a 52-week low of $215.32 and a 52-week high of $287.13. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 5.86. The firm has a 50-day moving average price of $268.93 and a 200 day moving average price of $261.12. The firm has a market capitalization of $37.69 billion, a PE ratio of 42.96, a P/E/G ratio of 3.36 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.10. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The company had revenue of $716.80 million during the quarter, compared to analyst estimates of $722.45 million. During the same quarter last year, the firm posted $1.51 EPS. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.57 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on VRSK shares. Deutsche Bank Aktiengesellschaft lifted their price objective on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. Royal Bank of Canada boosted their price objective on shares of Verisk Analytics from $268.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Barclays boosted their target price on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Finally, UBS Group boosted their target price on shares of Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a report on Tuesday, July 9th. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $278.67.

Verisk Analytics Company 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.