Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Bought by GAM Holding AG

GAM Holding AG grew its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 17,949 shares of the business services provider’s stock after purchasing an additional 777 shares during the quarter. GAM Holding AG’s holdings in Verisk Analytics were worth $4,810,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of VRSK. International Assets Investment Management LLC acquired a new position in shares of Verisk Analytics during the second quarter valued at $31,000. Chilton Capital Management LLC acquired a new position in shares of Verisk Analytics during the second quarter valued at $34,000. Riverview Trust Co acquired a new stake in Verisk Analytics in the first quarter worth about $40,000. Rothschild Investment LLC acquired a new stake in Verisk Analytics in the second quarter worth about $41,000. Finally, Kings Path Partners LLC acquired a new stake in Verisk Analytics in the second quarter worth about $46,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Transactions at Verisk Analytics

In other news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total transaction of $54,266.00. Following the sale, the chief financial officer now owns 15,808 shares of the company’s stock, valued at $4,289,184.64. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on VRSK shares. Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Evercore ISI reaffirmed an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Barclays upped their target price on Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Robert W. Baird upped their target price on Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. Finally, BMO Capital Markets decreased their target price on Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a research report on Thursday, August 1st. Six analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $278.67.

Verisk Analytics Trading Down 0.2 %

NASDAQ VRSK opened at $267.59 on Wednesday. The firm has a market cap of $38.18 billion, a P/E ratio of 49.92, a P/E/G ratio of 3.40 and a beta of 0.86. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The stock’s 50-day moving average is $269.03 and its 200-day moving average is $260.31. Verisk Analytics, Inc. has a one year low of $215.32 and a one year high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, July 31st. The business services provider reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. The company had revenue of $716.80 million for the quarter, compared to analyst estimates of $722.45 million. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. Verisk Analytics’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.51 earnings per share. Sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.57 earnings per share for the current fiscal year.

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.