Verisk Analytics, Inc. (NASDAQ:VRSK) Director Bruce Edward Hansen Sells 1,179 Shares of Stock

Verisk Analytics, Inc. (NASDAQ:VRSK) Director Bruce Edward Hansen sold 1,179 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $294.95, for a total transaction of $347,746.05. Following the sale, the director now owns 13,786 shares in the company, valued at $4,066,180.70. The trade was a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Bruce Edward Hansen also recently made the following trade(s):

• On Tuesday, January 7th, Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock. The shares were sold at an average price of $272.81, for a total transaction of $321,642.99.

Verisk Analytics Stock Performance

Verisk Analytics stock opened at $294.00 on Tuesday. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $296.58. The firm’s fifty day moving average price is $281.33 and its 200-day moving average price is $275.69. The stock has a market cap of $41.52 billion, a P/E ratio of 45.87, a price-to-earnings-growth ratio of 3.39 and a beta of 0.89. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82.

Verisk Analytics Dividend Announcement

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

Institutional Trading of Verisk Analytics

A number of hedge funds have recently bought and sold shares of the company. Manchester Capital Management LLC lifted its holdings in shares of Verisk Analytics by 468.8% in the 4th quarter. Manchester Capital Management LLC now owns 91 shares of the business services provider’s stock worth $25,000 after acquiring an additional 75 shares during the last quarter. Sugarloaf Wealth Management LLC bought a new stake in Verisk Analytics in the fourth quarter worth $28,000. Centricity Wealth Management LLC purchased a new stake in Verisk Analytics during the fourth quarter valued at about $28,000. Roxbury Financial LLC bought a new position in shares of Verisk Analytics during the fourth quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Verisk Analytics in the 4th quarter valued at about $30,000. Institutional investors own 90.00% of the company’s stock.

Analyst Ratings Changes

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

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.