Verisk Analytics, Inc. $VRSK Shares Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 75.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 138,868 shares of the business services provider’s stock after buying an additional 59,857 shares during the period. Pictet Asset Management Holding SA owned 0.11% of Verisk Analytics worth $23,309,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ancora Advisors LLC purchased a new position in Verisk Analytics during the second quarter valued at approximately $33,000. Versant Capital Management Inc increased its holdings in Verisk Analytics by 47.8% during the 3rd quarter. Versant Capital Management Inc now owns 204 shares of the business services provider’s stock worth $34,000 after acquiring an additional 66 shares during the period. Transamerica Financial Advisors LLC purchased a new stake in Verisk Analytics in the 2nd quarter worth approximately $36,000. Provenance Wealth Advisors LLC lifted its stake in Verisk Analytics by 3,683.3% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $38,000 after purchasing an additional 221 shares in the last quarter. Finally, J.Safra Asset Management Corp purchased a new stake in Verisk Analytics in the 2nd quarter worth approximately $39,000. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Trading Up 1.0%

VRSK stock opened at $205.98 on Thursday. The company’s 50 day moving average is $183.54 and its 200 day moving average is $186.12. The stock has a market cap of $26.42 billion, a price-to-earnings ratio of 31.21, a price-to-earnings-growth ratio of 2.32 and a beta of 0.65. Verisk Analytics, Inc. has a 1-year low of $155.94 and a 1-year high of $227.16.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Thursday, November 5th. The business services provider reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.04. Verisk Analytics had a net margin of 27.68% and a negative return on equity of 128.14%. The business had revenue of $809.00 million during the quarter, compared to analyst estimates of $805.88 million. During the same period in the previous year, the business posted $1.72 earnings per share. Verisk Analytics’s revenue for the quarter was up 5.3% on a year-over-year basis. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, sell-side analysts forecast that Verisk Analytics, Inc. will post 7.71 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 15th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, December 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. Verisk Analytics’s dividend payout ratio (DPR) is 30.30%.

Insider Buying and Selling at Verisk Analytics

In related news, CEO Lee Shavel sold 3,535 shares of the company’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $194.74, for a total value of $688,405.90. Following the completion of the transaction, the chief executive officer directly owned 98,490 shares in the company, valued at approximately $19,179,942.60. The trade was a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Elizabeth Mann sold 400 shares of the stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $184.85, for a total value of $73,940.00. Following the completion of the transaction, the chief financial officer directly owned 17,584 shares in the company, valued at approximately $3,250,402.40. This represents a 2.22% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 11,805 shares of company stock worth $2,195,489. Corporate insiders own 0.52% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on VRSK. Robert W. Baird set a $247.00 price target on shares of Verisk Analytics in a report on Thursday, July 30th. UBS Group upped their price target on shares of Verisk Analytics from $220.00 to $235.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Evercore set a $223.00 price objective on Verisk Analytics in a research report on Thursday, July 30th. Royal Bank Of Canada reissued an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, October 15th. Finally, Weiss Ratings upgraded Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $225.86.

Verisk Analytics Company Profile

Verisk Analytics is a data analytics and technology company that provides information and decision-support tools primarily to the property and casualty insurance industry. Its offerings help insurers assess risk, set policy terms, manage claims, detect fraud and meet regulatory requirements. The company’s products include catastrophe and risk models, underwriting and claims data, and analytics for evaluating property, vehicles and other insured exposures. Verisk serves customers in the United States and international markets, with a focus on insurance-related businesses.