Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC reduced its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 43.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,713 shares of the business services provider’s stock after selling 2,079 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Verisk Analytics were worth $747,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Verisk Analytics by 133.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 83,762 shares of the business services provider’s stock valued at $23,154,000 after acquiring an additional 47,833 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in Verisk Analytics by 5.6% in the fourth quarter. Stratos Wealth Partners LTD. now owns 2,895 shares of the business services provider’s stock valued at $798,000 after acquiring an additional 153 shares during the last quarter. Ninety One SA PTY Ltd lifted its holdings in Verisk Analytics by 8.3% in the fourth quarter. Ninety One SA PTY Ltd now owns 4,977 shares of the business services provider’s stock valued at $1,371,000 after acquiring an additional 381 shares during the last quarter. E. Ohman J or Asset Management AB lifted its holdings in Verisk Analytics by 11.5% in the fourth quarter. E. Ohman J or Asset Management AB now owns 6,323 shares of the business services provider’s stock valued at $1,742,000 after acquiring an additional 650 shares during the last quarter. Finally, Longboard Asset Management LP acquired a new position in Verisk Analytics in the fourth quarter valued at approximately $218,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Stock Down 0.4 %

Verisk Analytics stock opened at $293.73 on Friday. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $296.58. The stock’s fifty day simple moving average is $281.34 and its 200-day simple moving average is $275.61. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The firm has a market capitalization of $41.48 billion, a P/E ratio of 45.82, a P/E/G ratio of 3.30 and a beta of 0.89.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date was Friday, December 13th. Verisk Analytics’s dividend payout ratio is currently 24.34%.

Analyst Ratings Changes

VRSK has been the topic of a number of recent analyst reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $300.00 price objective on shares of Verisk Analytics in a report on Tuesday, January 7th. BMO Capital Markets upped their price objective on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Robert W. Baird boosted their target price on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Morgan Stanley boosted their target price on Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Finally, Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price on the stock. in a research report on Friday, January 10th. Six research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $293.11.

Insider Transactions at Verisk Analytics

In related news, insider Kathy Card Beckles sold 2,111 shares of the business’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the transaction, the insider now owns 9,066 shares in the company, valued at approximately $2,557,155.96. The trade was a 18.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $272.81, for a total transaction of $321,642.99. Following the transaction, the director now owns 13,786 shares of the company’s stock, valued at approximately $3,760,958.66. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,490 shares of company stock valued at $1,541,570. 0.40% of the stock is currently owned by company insiders.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.