Wealthfront Advisers LLC Acquires 7,103 Shares of Verisk Analytics, Inc. $VRSK

Wealthfront Advisers LLC raised its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 43.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,371 shares of the business services provider’s stock after buying an additional 7,103 shares during the quarter. Wealthfront Advisers LLC’s holdings in Verisk Analytics were worth $5,878,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of VRSK. Accretive Wealth Partners LLC grew its holdings in shares of Verisk Analytics by 0.8% during the second quarter. Accretive Wealth Partners LLC now owns 4,548 shares of the business services provider’s stock worth $1,417,000 after purchasing an additional 38 shares in the last quarter. STF Management LP lifted its position in Verisk Analytics by 1.8% during the second quarter. STF Management LP now owns 2,119 shares of the business services provider’s stock valued at $660,000 after purchasing an additional 38 shares during the last quarter. NewSquare Capital LLC grew its stake in Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after buying an additional 40 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Verisk Analytics by 62.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after buying an additional 42 shares during the last quarter. Finally, Drive Wealth Management LLC raised its position in shares of Verisk Analytics by 6.2% during the 2nd quarter. Drive Wealth Management LLC now owns 758 shares of the business services provider’s stock valued at $236,000 after buying an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Insider Transactions at Verisk Analytics

In related news, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $216.99, for a total value of $238,689.00. Following the sale, the chief executive officer directly owned 77,807 shares of the company’s stock, valued at $16,883,340.93. This trade represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Elizabeth Mann sold 300 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $219.54, for a total value of $65,862.00. Following the completion of the sale, the chief financial officer owned 14,265 shares of the company’s stock, valued at approximately $3,131,738.10. This trade represents a 2.06% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,700 shares of company stock valued at $369,648. 0.46% of the stock is currently owned by company insiders.

Verisk Analytics Stock Performance

NASDAQ:VRSK opened at $179.00 on Friday. 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, Inc. has a fifty-two week low of $164.60 and a fifty-two week high of $322.92. The firm has a market cap of $24.95 billion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 2.45 and a beta of 0.79. The business has a 50 day moving average price of $213.48 and a 200-day moving average price of $234.67.

Analysts Set New Price Targets

VRSK has been the topic of a number of research reports. BMO Capital Markets upgraded Verisk Analytics from a “market perform” rating to an “outperform” rating and set a $233.00 price target on the stock in a research report on Wednesday, February 4th. Rothschild & Co Redburn reaffirmed a “sell” rating and issued a $220.00 target price (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Verisk Analytics in a research report on Monday, December 29th. Wolfe Research restated an “outperform” rating on shares of Verisk Analytics in a report on Monday, December 29th. Finally, Morgan Stanley reduced their target price on shares of Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 17th. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Verisk Analytics has an average rating of “Hold” and an average price target of $269.57.

About Verisk Analytics

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.