Resona Asset Management Co. Ltd. Sells 2,548 Shares of Verisk Analytics, Inc. $VRSK

Resona Asset Management Co. Ltd. decreased its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,896 shares of the business services provider’s stock after selling 2,548 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Verisk Analytics were worth $11,269,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VRSK. Allstate Corp bought a new stake in shares of Verisk Analytics in the 3rd quarter worth approximately $1,256,000. Sigma Planning Corp bought a new position in shares of Verisk Analytics during the second quarter valued at approximately $366,000. Aberdeen Group plc lifted its stake in Verisk Analytics by 6.3% in the second quarter. Aberdeen Group plc now owns 113,584 shares of the business services provider’s stock worth $35,074,000 after acquiring an additional 6,739 shares during the period. Railway Pension Investments Ltd boosted its holdings in Verisk Analytics by 24.0% in the third quarter. Railway Pension Investments Ltd now owns 61,400 shares of the business services provider’s stock valued at $15,443,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Lazard Freres Gestion S.A.S. increased its position in Verisk Analytics by 190.0% during the 3rd quarter. Lazard Freres Gestion S.A.S. now owns 14,500 shares of the business services provider’s stock valued at $3,646,000 after purchasing an additional 9,500 shares during the period. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on VRSK. Rothschild & Co Redburn restated a “sell” rating and issued a $220.00 price objective (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Argus cut shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday, November 14th. Wells Fargo & Company lowered their price objective on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Wolfe Research reiterated an “outperform” rating on shares of Verisk Analytics in a report on Monday, December 29th. Finally, Royal Bank Of Canada decreased their target price on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Verisk Analytics currently has a consensus rating of “Hold” and an average price target of $278.64.

Insiders Place Their Bets

In related news, Director Gregory Hendrick purchased 500 shares of the stock in a transaction dated Friday, October 31st. The stock was purchased at an average price of $216.14 per share, with a total value of $108,070.00. Following the transaction, the director directly owned 2,536 shares in the company, valued at $548,131.04. This trade represents a 24.56% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $216.99, for a total transaction of $238,689.00. Following the completion of the transaction, the chief executive officer owned 77,807 shares in the company, valued at approximately $16,883,340.93. The trade was a 1.39% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders purchased 1,450 shares of company stock valued at $314,663 and sold 1,700 shares valued at $369,648. 0.46% of the stock is owned by insiders.

Verisk Analytics Price Performance

Shares of VRSK opened at $218.04 on Monday. Verisk Analytics, Inc. has a fifty-two week low of $196.99 and a fifty-two week high of $322.92. The firm’s 50-day simple moving average is $220.96 and its two-hundred day simple moving average is $243.99. The stock has a market cap of $30.39 billion, a PE ratio of 33.24, a price-to-earnings-growth ratio of 3.10 and a beta of 0.81. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. The firm had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Company Profile

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.