Verisk Analytics Inc. (NASDAQ:VRSK) has been given a $87.00 price target by research analysts at Cantor Fitzgerald in a note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Cantor Fitzgerald’s price target would indicate a potential upside of 3.44% from the company’s previous close.
Other analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Saturday, August 6th. Macquarie initiated coverage on shares of Verisk Analytics in a report on Thursday, August 25th. They set a “neutral” rating and a $88.00 price objective for the company. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $88.14.
Shares of Verisk Analytics (NASDAQ:VRSK) traded up 0.26% during trading on Wednesday, hitting $84.11. 522,694 shares of the stock traded hands. The company has a market cap of $14.08 billion, a P/E ratio of 24.24 and a beta of 0.65. Verisk Analytics has a 1-year low of $64.79 and a 1-year high of $86.00. The stock has a 50-day moving average of $81.76 and a 200 day moving average of $81.33.
Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, November 1st. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.09. Verisk Analytics had a net margin of 29.06% and a return on equity of 38.26%. The business earned $498.10 million during the quarter, compared to the consensus estimate of $496.70 million. During the same quarter last year, the company posted $0.85 earnings per share. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, equities research analysts predict that Verisk Analytics will post $3.08 EPS for the current fiscal year.
In other news, COO Mark V. Anquillare sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 13th. The shares were sold at an average price of $78.88, for a total value of $1,577,600.00. Following the completion of the transaction, the chief operating officer now directly owns 74,090 shares in the company, valued at $5,844,219.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Vincent De P. Mccarthy sold 2,400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $83.70, for a total transaction of $200,880.00. Following the completion of the transaction, the senior vice president now owns 34,349 shares of the company’s stock, valued at $2,875,011.30. The disclosure for this sale can be found here. Company insiders own 3.47% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in VRSK. Vanguard Group Inc. raised its position in Verisk Analytics by 1.9% in the second quarter. Vanguard Group Inc. now owns 13,478,427 shares of the company’s stock worth $1,092,832,000 after buying an additional 248,713 shares during the period. FMR LLC raised its position in Verisk Analytics by 0.6% in the second quarter. FMR LLC now owns 8,043,028 shares of the company’s stock worth $652,129,000 after buying an additional 50,948 shares during the period. Price T Rowe Associates Inc. MD raised its position in Verisk Analytics by 0.5% in the third quarter. Price T Rowe Associates Inc. MD now owns 6,942,650 shares of the company’s stock worth $564,299,000 after buying an additional 36,446 shares during the period. Janus Capital Management LLC raised its position in Verisk Analytics by 6.9% in the second quarter. Janus Capital Management LLC now owns 6,204,591 shares of the company’s stock worth $503,055,000 after buying an additional 402,985 shares during the period. Finally, Parnassus Investments CA raised its position in Verisk Analytics by 8.4% in the third quarter. Parnassus Investments CA now owns 4,827,325 shares of the company’s stock worth $392,365,000 after buying an additional 372,218 shares during the period. Institutional investors own 92.15% of the company’s stock.
About Verisk Analytics