Raymond James & Associates increased its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 123,452 shares of the business services provider’s stock after acquiring an additional 6,582 shares during the period. Raymond James & Associates owned about 0.07% of Verisk Analytics worth $11,851,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Dupont Capital Management Corp acquired a new stake in shares of Verisk Analytics during the fourth quarter worth $112,000. Fusion Family Wealth LLC acquired a new stake in shares of Verisk Analytics during the fourth quarter worth $116,000. Virtue Capital Management LLC acquired a new stake in shares of Verisk Analytics during the fourth quarter worth $121,000. Bank of Nova Scotia Trust Co. acquired a new stake in shares of Verisk Analytics during the third quarter worth $164,000. Finally, Calton & Associates Inc. acquired a new stake in shares of Verisk Analytics during the fourth quarter worth $183,000. Institutional investors and hedge funds own 92.44% of the company’s stock.
In other news, CFO Lee Shavel acquired 388 shares of the firm’s stock in a transaction dated Wednesday, January 10th. The stock was bought at an average price of $96.61 per share, with a total value of $37,484.68. Following the transaction, the chief financial officer now directly owns 22,729 shares in the company, valued at approximately $2,195,848.69. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $100.00, for a total transaction of $300,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders acquired 1,141 shares of company stock worth $112,216 and sold 401,642 shares worth $41,814,853. 3.41% of the stock is currently owned by insiders.
Shares of VRSK stock opened at $102.11 on Friday. 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, Inc. has a 52 week low of $75.60 and a 52 week high of $106.07. The stock has a market cap of $17,160.49, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 2.39 and a beta of 0.71.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share (EPS) for the quarter, beating the 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 firm had revenue of $570.30 million for the quarter, compared to analyst estimates of $557.09 million. During the same period in the previous year, the business earned $0.80 EPS. The company’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.
Verisk Analytics Profile
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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