Verisk Analytics, Inc. (NASDAQ:VRSK) insider David J. Grover sold 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of $104.25, for a total value of $729,750.00. Following the completion of the sale, the insider now owns 13,528 shares in the company, valued at approximately $1,410,294. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of Verisk Analytics, Inc. (VRSK) traded down $0.39 during trading hours on Wednesday, reaching $104.09. The company’s stock had a trading volume of 508,457 shares, compared to its average volume of 972,273. The firm has a market cap of $17,240.00, a PE ratio of 37.71, a PEG ratio of 2.41 and a beta of 0.71. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.19. Verisk Analytics, Inc. has a 52-week low of $75.60 and a 52-week high of $106.07.
Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, February 20th. The business services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.56. The firm had revenue of $570.30 million for the quarter, compared to analysts’ expectations of $557.09 million. Verisk Analytics had a return on equity of 33.58% and a net margin of 25.88%. Verisk Analytics’s quarterly revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.80 EPS. equities analysts anticipate that Verisk Analytics, Inc. will post 3.97 EPS for the current year.
VRSK has been the topic of a number of research reports. Robert W. Baird restated an “outperform” rating and issued a $115.00 price target (up previously from $109.00) on shares of Verisk Analytics in a report on Thursday, February 22nd. Royal Bank of Canada upped their price target on Verisk Analytics to $100.00 and gave the stock a “sector perform” rating in a report on Friday, January 19th. They noted that the move was a valuation call. BidaskClub cut Verisk Analytics from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Wells Fargo & Co restated an “outperform” rating and issued a $115.00 price target (up previously from $105.00) on shares of Verisk Analytics in a report on Thursday, February 22nd. Finally, Zacks Investment Research cut Verisk Analytics from a “buy” rating to a “hold” rating in a report on Saturday, January 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $103.07.
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About Verisk Analytics
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.
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