Legal & General Group Plc Sells 44,344 Shares of Verisk Analytics, Inc. $VRSK

Legal & General Group Plc trimmed its position in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 3.5% in the 4th quarter, Holdings Channel reports. The firm owned 1,217,355 shares of the business services provider’s stock after selling 44,344 shares during the quarter. Legal & General Group Plc’s holdings in Verisk Analytics were worth $272,310,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of VRSK. NewEdge Advisors LLC boosted its holdings in Verisk Analytics by 1.1% in the 1st quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock valued at $1,259,000 after purchasing an additional 44 shares during the period. Woodline Partners LP boosted its holdings in Verisk Analytics by 39.6% in the 1st quarter. Woodline Partners LP now owns 11,931 shares of the business services provider’s stock valued at $3,551,000 after purchasing an additional 3,385 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Verisk Analytics by 114.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider’s stock worth $75,000 after acquiring an additional 135 shares during the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of Verisk Analytics by 52.2% during the 2nd quarter. Treasurer of the State of North Carolina now owns 135,876 shares of the business services provider’s stock worth $42,325,000 after acquiring an additional 46,603 shares during the last quarter. Finally, Osterweis Capital Management Inc. bought a new stake in shares of Verisk Analytics during the 2nd quarter worth $28,000. 90.00% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Verisk Analytics news, CFO Elizabeth Mann sold 400 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $159.22, for a total value of $63,688.00. Following the transaction, the chief financial officer owned 19,584 shares in the company, valued at approximately $3,118,164.48. The trade was a 2.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bruce Edward Hansen sold 2,335 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $171.51, for a total transaction of $400,475.85. Following the completion of the transaction, the director owned 15,868 shares in the company, valued at $2,721,520.68. The trade was a 12.83% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 3,535 shares of company stock worth $614,676. 0.52% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on VRSK shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $230.00 price objective on shares of Verisk Analytics in a report on Monday, March 30th. Morgan Stanley set a $235.00 price objective on shares of Verisk Analytics in a report on Thursday, April 30th. Raymond James Financial raised shares of Verisk Analytics from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the stock from $215.00 to $260.00 in a report on Monday, March 2nd. Wells Fargo & Company lifted their price objective on shares of Verisk Analytics from $223.00 to $240.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Finally, Robert W. Baird set a $230.00 price objective on shares of Verisk Analytics in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $237.20.

Check Out Our Latest Analysis on Verisk Analytics

Verisk Analytics Price Performance

Shares of NASDAQ:VRSK opened at $171.59 on Wednesday. The stock has a market cap of $22.48 billion, a PE ratio of 26.12, a PEG ratio of 1.92 and a beta of 0.72. The company’s fifty day moving average is $179.47 and its 200 day moving average is $200.20. Verisk Analytics, Inc. has a 52 week low of $155.94 and a 52 week high of $322.92. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 10.42.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last issued its earnings results on Wednesday, April 29th. The business services provider reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.06. The company had revenue of $782.60 million for the quarter, compared to analysts’ expectations of $771.62 million. Verisk Analytics had a net margin of 29.34% and a negative return on equity of 2,405.75%. The firm’s revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.73 EPS. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Research analysts anticipate that Verisk Analytics, Inc. will post 7.63 earnings per share for the current year.

Verisk Analytics declared that its board has initiated a share repurchase plan on Wednesday, February 18th that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the business services provider to buy up to 10.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Monday, June 15th. Verisk Analytics’s dividend payout ratio (DPR) is presently 30.44%.

Verisk Analytics Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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