Verisk Analytics (NASDAQ:VRSK) had its target price boosted by Robert W. Baird from $109.00 to $115.00 in a research report sent to investors on Thursday. The brokerage currently has an outperform rating on the business services provider’s stock.
VRSK has been the topic of several other reports. Cantor Fitzgerald reaffirmed a buy rating and set a $108.00 price target on shares of Verisk Analytics in a research report on Friday, December 8th. BidaskClub downgraded Verisk Analytics from a strong-buy rating to a buy rating in a research report on Thursday, January 4th. Morgan Stanley increased their price target on Verisk Analytics from $91.00 to $106.00 and gave the stock an equal weight rating in a research report on Wednesday, January 31st. Zacks Investment Research raised Verisk Analytics from a hold rating to a buy rating and set a $107.00 price target on the stock in a research report on Saturday, January 6th. Finally, JPMorgan Chase & Co. raised Verisk Analytics from a neutral rating to an overweight rating and set a $100.00 price target on the stock in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $102.33.
Shares of Verisk Analytics (VRSK) traded up $0.38 on Thursday, reaching $99.61. The company’s stock had a trading volume of 1,733,900 shares, compared to its average volume of 989,372. The firm has a market cap of $16,375.00, a P/E ratio of 30.91, a P/E/G ratio of 2.53 and a beta of 0.76. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.45 and a quick ratio of 0.45. Verisk Analytics has a 12 month low of $75.60 and a 12 month high of $102.00.
In other Verisk Analytics news, CFO Lee Shavel bought 399 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were purchased at an average cost of $94.05 per share, for a total transaction of $37,525.95. Following the transaction, the chief financial officer now directly owns 23,128 shares of the company’s stock, valued at $2,175,188.40. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $100.00, for a total value of $300,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have bought 1,177 shares of company stock worth $112,591 and have sold 31,526 shares worth $3,009,268. 3.41% of the stock is owned by company insiders.
Several large investors have recently bought and sold shares of VRSK. Dupont Capital Management Corp acquired a new stake in shares of Verisk Analytics during the 4th quarter valued at about $112,000. Fusion Family Wealth LLC acquired a new stake in shares of Verisk Analytics during the 4th quarter valued at about $116,000. Virtue Capital Management LLC acquired a new stake in shares of Verisk Analytics during the 4th quarter valued at about $121,000. Advisory Services Network LLC grew its position in shares of Verisk Analytics by 300.5% during the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after acquiring an additional 1,268 shares during the period. Finally, Bank of Nova Scotia Trust Co. acquired a new stake in shares of Verisk Analytics during the 3rd quarter valued at about $164,000. Hedge funds and other institutional investors own 92.89% of the company’s stock.
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.
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