Verisk Analytics, Inc. (VRSK) Director Sells $5,826,144.80 in Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Frank J. Coyne sold 64,420 shares of Verisk Analytics stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $90.44, for a total value of $5,826,144.80. Following the transaction, the director now owns 58,998 shares of the company’s stock, valued at $5,335,779.12. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Verisk Analytics, Inc. (NASDAQ:VRSK) opened at $91.03 on Monday. The company has a quick ratio of 0.71, a current ratio of 0.45 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $14,991.91, a price-to-earnings ratio of 28.45, a price-to-earnings-growth ratio of 3.26 and a beta of 0.76. Verisk Analytics, Inc. has a twelve month low of $75.60 and a twelve month high of $91.41.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.06. The company had revenue of $549.10 million during the quarter, compared to the consensus estimate of $527.97 million. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. Verisk Analytics’s revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.84 EPS. equities research analysts anticipate that Verisk Analytics, Inc. will post 3.16 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Verisk Analytics, Inc. (VRSK) Director Sells $5,826,144.80 in Stock” was originally published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://www.com-unik.info/2017/11/06/verisk-analytics-inc-vrsk-director-sells-5826144-80-in-stock.html.

Several hedge funds and other institutional investors have recently made changes to their positions in VRSK. OppenheimerFunds Inc. grew its stake in shares of Verisk Analytics by 7.9% during the 1st quarter. OppenheimerFunds Inc. now owns 3,044 shares of the business services provider’s stock valued at $247,000 after buying an additional 222 shares during the period. Thrivent Financial For Lutherans grew its stake in shares of Verisk Analytics by 5.0% during the 1st quarter. Thrivent Financial For Lutherans now owns 5,680 shares of the business services provider’s stock valued at $461,000 after buying an additional 270 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Verisk Analytics by 4.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 535,380 shares of the business services provider’s stock valued at $43,439,000 after buying an additional 24,710 shares during the period. Tudor Investment Corp ET AL purchased a new stake in shares of Verisk Analytics during the 1st quarter valued at $361,000. Finally, DnB Asset Management AS grew its stake in shares of Verisk Analytics by 17.5% during the 2nd quarter. DnB Asset Management AS now owns 22,151 shares of the business services provider’s stock valued at $1,869,000 after buying an additional 3,300 shares during the period. 93.68% of the stock is owned by institutional investors.

Several brokerages recently issued reports on VRSK. Morgan Stanley lifted their price objective on Verisk Analytics from $83.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday. Royal Bank Of Canada restated a “hold” rating and set a $83.00 price objective on shares of Verisk Analytics in a research report on Thursday. Credit Suisse Group lifted their price objective on Verisk Analytics from $85.00 to $92.00 and gave the stock a “neutral” rating in a research report on Thursday. Robert W. Baird restated a “buy” rating on shares of Verisk Analytics in a research report on Wednesday, November 1st. Finally, SunTrust Banks, Inc. restated a “hold” rating and set a $85.00 price objective on shares of Verisk Analytics in a research report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $88.23.

Verisk Analytics Company Profile

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

Insider Buying and Selling by Quarter for Verisk Analytics (NASDAQ:VRSK)

What are top analysts saying about Verisk Analytics Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Verisk Analytics Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit