Verisk Analytics, Inc. (NASDAQ:VRSK) Stake Trimmed by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA lessened its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 48,813 shares of the business services provider’s stock after selling 702 shares during the quarter. Verisk Analytics accounts for about 1.4% of Middleton & Co. Inc. MA’s holdings, making the stock its 25th biggest position. Middleton & Co. Inc. MA’s holdings in Verisk Analytics were worth $13,080,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Marshall Financial Group LLC grew its stake in Verisk Analytics by 0.8% during the 3rd quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock valued at $1,322,000 after acquiring an additional 38 shares in the last quarter. Signaturefd LLC increased its stake in Verisk Analytics by 1.5% in the 3rd quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock valued at $693,000 after buying an additional 38 shares during the period. Brookstone Capital Management lifted its position in Verisk Analytics by 1.2% in the 2nd quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock worth $982,000 after buying an additional 41 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Verisk Analytics by 19.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock valued at $57,000 after buying an additional 42 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Verisk Analytics by 2.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,533 shares of the business services provider’s stock valued at $361,000 after acquiring an additional 43 shares in the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Stock Performance

NASDAQ:VRSK opened at $264.65 on Friday. The firm has a market capitalization of $37.76 billion, a PE ratio of 49.38, a PEG ratio of 3.40 and a beta of 0.86. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 5.86. Verisk Analytics, Inc. has a 1 year low of $215.32 and a 1 year high of $287.13. The firm’s fifty day simple moving average is $268.97 and its 200 day simple moving average is $260.39.

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

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the sale, the chief financial officer now directly owns 15,808 shares of the company’s stock, valued at approximately $4,289,184.64. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VRSK. BMO Capital Markets cut their price objective on Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a report on Thursday, August 1st. Evercore ISI reiterated an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. UBS Group increased their price objective on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Morgan Stanley raised their price objective on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. Finally, Robert W. Baird boosted their target price on shares of Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Verisk Analytics presently has a consensus rating of “Moderate Buy” and an average target price of $278.67.

About Verisk Analytics

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.