Verisk Analytics Inc. (NASDAQ:VRSK) COO Mark V. Anquillare sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, October 13th. The stock was sold at an average price of $78.88, for a total transaction of $1,577,600.00. Following the completion of the transaction, the chief operating officer now directly owns 74,090 shares of the company’s stock, valued at approximately $5,844,219.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Verisk Analytics Inc. (NASDAQ:VRSK) opened at 79.47 on Tuesday. The stock’s 50 day moving average is $81.33 and its 200-day moving average is $80.54. Verisk Analytics Inc. has a one year low of $64.79 and a one year high of $86.00. The stock has a market capitalization of $13.43 billion, a price-to-earnings ratio of 22.80 and a beta of 0.54.
Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, August 2nd. The company reported $0.73 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.03. The business had revenue of $498.30 million for the quarter, compared to analyst estimates of $504.44 million. Verisk Analytics had a return on equity of 39.49% and a net margin of 28.54%. Verisk Analytics’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.77 earnings per share. On average, equities research analysts predict that Verisk Analytics Inc. will post $3.00 EPS for the current fiscal year.
A number of brokerages recently commented on VRSK. Macquarie began coverage on shares of Verisk Analytics in a research note on Thursday, August 25th. They issued a “neutral” rating and a $88.00 price objective for the company. Cantor Fitzgerald reaffirmed a “buy” rating on shares of Verisk Analytics in a report on Friday, August 19th. Zacks Investment Research raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Saturday, August 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Verisk Analytics in a report on Wednesday, June 29th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $84.80.
Large investors have recently added to or reduced their stakes in the company. Pinkerton Retirement Specialists LLC acquired a new stake in Verisk Analytics during the second quarter worth about $100,000. Van ECK Associates Corp acquired a new stake in Verisk Analytics during the second quarter worth about $111,000. Checchi Capital Advisers LLC raised its stake in Verisk Analytics by 1.9% in the second quarter. Checchi Capital Advisers LLC now owns 1,602 shares of the company’s stock worth $130,000 after buying an additional 30 shares during the period. Creative Planning raised its stake in Verisk Analytics by 27.9% in the second quarter. Creative Planning now owns 1,625 shares of the company’s stock worth $132,000 after buying an additional 354 shares during the period. Finally, Global X Management Co. LLC raised its stake in Verisk Analytics by 103.2% in the second quarter. Global X Management Co. LLC now owns 2,034 shares of the company’s stock worth $165,000 after buying an additional 1,033 shares during the period. Institutional investors own 90.79% of the company’s stock.
About Verisk Analytics