Verisk Analytics, Inc. (NASDAQ:VRSK) EVP Kenneth E. Thompson sold 96,935 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $105.07, for a total transaction of $10,184,960.45. Following the transaction, the executive vice president now owns 141,973 shares in the company, valued at $14,917,103.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Verisk Analytics, Inc. (NASDAQ VRSK) traded down $0.39 during midday trading on Wednesday, reaching $104.09. 508,457 shares of the company traded hands, compared to its average volume of 972,273. Verisk Analytics, Inc. has a fifty-two week low of $75.60 and a fifty-two week high of $106.07. The firm has a market capitalization of $17,240.00, a price-to-earnings ratio of 37.71, a P/E/G ratio of 2.41 and a beta of 0.71. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.45 and a quick ratio of 0.45.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, February 20th. The business services provider reported $1.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.56. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The business had revenue of $570.30 million for the quarter, compared to analyst estimates of $557.09 million. During the same period in the prior year, the business posted $0.80 earnings per share. Verisk Analytics’s revenue was up 12.7% compared to the same quarter last year. equities research analysts anticipate that Verisk Analytics, Inc. will post 3.97 earnings per share for the current fiscal year.
VRSK has been the topic of a number of research reports. Cantor Fitzgerald reiterated a “buy” rating and set a $108.00 target price on shares of Verisk Analytics in a research report on Friday, December 8th. Zacks Investment Research lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Saturday, January 13th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $106.00 target price on shares of Verisk Analytics in a research report on Friday, December 22nd. Royal Bank of Canada reiterated a “hold” rating and set a $90.00 target price on shares of Verisk Analytics in a research report on Sunday, December 10th. Finally, BidaskClub upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus 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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